MANHASSET, NY Large-area TFT-LCD panel shipment increased 23.8 percent month-to-month this past March to 56.87 milllion units, as revenue also increased 22.7 percent month-to-month to $7.23 billion.
According to market research firm Displaybank, the March revenue is close to the $7.49 billlion revenue recorded May 2008, before the negative impacts from the global economic recession.
LG Display continues its first place ranking for 6 consecutive months with 25.2 percent market share followed by Samsung Electronic at 22.5 percent and AUO at 17.2 percent. In terms of revenue, Samsung Electronics secured a 25.9 percent market share to LG Display's 24.8 percent.
"We expect the increases in demand from emerging markets including China to continue during the second quarter of 2010," said Ricky Park, senior analyst in Display research group at Displaybank, in a statement.