At the year’s lowest economic time, China’s Six major TV manufacturers went to Taiwan on June 1 to procure TFT LCD panels. These six companies include Hisense, Konka, Skyworth, SVA-NEC, XOCECO and Xiong Mao. This was likely the first time that such group of six companies made a joint procurement activity in Taiwan.
The two LCD manufacturers that will benefit are AU Optronics (NYSE:AUO) and Chi Mei Optoelectronics (TPE:3009), the two largest LCD suppliers in Taiwan. AUO and CMO would certainly been guaranteed that their production plan can be streamlined with such foreign purchase from these China TV Manufacturers!
This is a sign of reprise on my earlier point saying that the 2nd Tier of LCD TV with LED back lit was making the biggest step into actions! Let’s watch out and see the game of the LCD TV price war that would happen in Q3 2010!
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