Demand for LCD TFT panels to fall short of supply

Although oversupply of TFT LCD panels is expected to ease this quarter, demand for TFT LCD panels will still run short of supply by 12% in the second quarter of 2006, according to research firm WitsView Technology.

Demand for TFT LCD panels this quarter will lag supply by 4.9%, down from 10.4% in the second quarter, WitsView estimated. However, balance in the TFT LCD panel industry will again tip towards oversupply starting from next year, and supply will outpace demand by 8.17 million panels in the second quarter of next year, according to Henry Wang, CEO of WitsView.

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