LCD glass substrate shortage to continue

The shortage in supply of glass substrate, key materials of the LCD panel market, is expected to continue until the 3Q of 2009. Taiwan“s LCD panel makers will continue to be the cause of the shortage…

The shortage in supply of glass substrate, key materials of the LCD panel market, is expected to continue until the 3Q of 2009. Taiwan“s LCD panel makers will continue to be the cause of the shortage during the second half of this year. According to a report from Display Search in mid-July, the demand for LCD glass substrate in the 2Q increased 26% from the previous quarter but supply only increased 12%. As a result, supply excess dropped to 0.6% worldwide. Samsung Corning Precision Glass has maintained a high operation rate among local LCD panel companies taking 35% in market share in the LCD glass substrate market, a 12% gap with Asahi Glass of 23%.