Supply chain concerns are prompting leading TV makers to shore up their panel supplies for the second half of the year, according to IHS. There’s a shrinking supply base for panels 40-inches and larger as panel makers contemplate shutting down fabs that are no longer competitive or have been sitting idle. A TV display supply…
Qingdao, China — Hisense Group and Sharp announced that Hisense will be purchasing all equity and assets of Sharp’s TV factory in Mexico for $23.7 million with rights to use the “Sharp” brand name and all its channel resources in both North and South American regions. This acquisition will have Hisense completely taking over Sharp’s TV business in these regions.…
El Segundo, Calif. — Although ultra-high-definition televisions (UHD TVs) continue to make gains, their share of the overall flat-panel market remains low, likely due to their high pricing, which can be several times the cost of LCD TVs, according to a new report from IHS Technology. The other obstacles are the price of the UHD panels and…