Worldwide Panel Shipments Show New Pattern In February, Says WitsView

In January, global aggregated large-sized panel shipments reached 33.2 million units, a slight 0.7% on-month decline, but a notable 52.3% on-year increase, according to WitsView. Due to the Lunar New Year holidays, which resulted in fewer working days, WitsView believes February will mark the bottom in the combined panel shipments for 2008. But even as panel prices continued to drop in February amid expectations of a market rebound in the second quarter and tight supply in the second half of 2008, February's panel shipments were only slightly lower than in January.

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