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Chinese Panel Share Rising at Korean Expense

Sources speaking to Business Korea have said that the Korean panel industry is increasingly being threatened by that of China, due to the Chinese government’s support. The sources said that the combined market share of Chinese companies in the large TFT-LCD market grew from 10.8% to 15% between 2012 and 2014, and is forecast to reach 21.3% this year with G8.5 expansion. Korean companies’ share fell from 50.7% to 44.3%, by contrast.