The global TV panel market in 2025 is dominated by Asian manufacturers, with Chinese firms leading in scale and growth. BOE (京东方) retains its top position with 27.1% market share, delivering 17.1 million units in Q1 2025. TCL’s CSOT (华星光电) follows closely with 21.8% share and 13.7 million units, set to join the “head tier” with BOE. HKC (惠科) ranks third at 14.6% share despite slight annual declines. Other key players include Innolux (群创), AUO (友达), and LG Display, while Sharp maintains niche capabilities despite reduced shipments.
How Does BOE Maintain Market Leadership?
BOE leverages vertical integration and aggressive capacity expansion across LCD, OLED, and Micro LED lines. Its 29.6% YoY growth in Q1 2025 stems from optimized Gen 10.5 fabs producing 75″ and 85″ 8K TV panels. BOE’s hybrid production lines switch between IT and TV panels based on demand—a flexibility competitors like HKC lack. Pro Tip: Watch BOE’s dual-track strategy: bulk LCD TV panels fund R&D for next-gen QD-OLED prototypes targeting 2026 commercialization.
What Drives TCL CSOT’s Rise?
CSOT excels in Mini LED backlit LCDs, capturing 32% of high-end TV panels. Its 19.4% YoY growth reflects strategic partnerships with TV brands like Hisense, which uses CSOT’s 144Hz VA panels in ULED X series. The manufacturer’s Panda PM architecture reduces blue light emission by 45% compared to BOE’s ADS Pro. For example, CSOT’s 85″ 12K display uses photon-enhanced quantum dots with 99% DCI-P3 coverage. Pro Tip: CSOT’s transition to oxide-based TFT backplanes improves panel response times by 25%, crucial for gaming TVs.
| Metric | BOE | CSOT |
|---|---|---|
| 8K Panel Yield | 92% | 85% |
| Max Panel Size | 110″ | 98″ |
Panox Display Expert Insight
FAQs
Yes, LG Display focuses on premium WOLED TV panels (5.2M units in 2025), but prioritizes 55″-88″ sizes over BOE/CSOT’s jumbo formats.
Why did Sharp’s shipments decline?
Sharp’s 16.6% YoY drop reflects reduced investments in LCD—it now allocates 70% of capex to Micro LED R&D for next-gen direct-view displays.
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