Q2 Display Glass Demand Headed for New Quarterly Record: DSCC
Q2 shipments of display glass are expected to increase by 4% sequentially, reaching a quarterly record 165 million square meters (197.3 square yards), reported Display Supply Chain Consultants Monday. Strong demand for large-screen LCD TV panels is fueling the increase,…
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it said. Shipments in Q1 have been flat compared with Q4 2020, “despite the reduced number of working days and the supply constraints” stemming from a power outage at the Nippon Electric Glass (NEG) plant in Takatsuki, Japan, said DSCC. “Considering the strong demand and constraints on glass supply by its two Japanese competitors,” NEG and Asahi Glass, Corning announced an increase in glass prices for Q2, it said. DSCC projects Q2 glass revenue will increase 7% from Q1 and 18% year on year, it said.