This report is an industry standard in the tracking of LCD glass substrates, a material essential to TFT LCD production. The report covers supplier capacity, shipments, prices, demand forecast and much more. Industry analysts also discuss the market, supply/demand, the supply chain and technology developments.

As the transition to flat panel TV nears completion, TFT LCD TV panel demand is slowing, from 41% Y/Y in 2010 to 8.3% in 2011. According to the report, total TFT LCD panel area demand is expected to increase 10.4% in 2011, resulting in 11% TFT LCD glass area demand growth, accounting for time shifts and production yields.

Coming out of a tight supply situation in 2009, TFT LCD glass substrate manufacturers have significantly increased capacity in 2010, with area growth estimated to be 32% Y/Y. Capacity is expected to continue increasing, with DisplaySearch forecasting 13% Y/Y growth in 2011. With panel makers cutting back on utilization, DisplaySearch forecasts an oversupply situation in Q1’11, with a glut of 12.8%.

Because each tank investment is enormously expensive, the recent increase in capacity has been largely accomplished through increases in existing tank capacity. This is accomplished through improvements in production yields and increasing the speed of production processes. For fusion glass makers, a key part of the improved productivity has been a shift to thinner glass substrates—most importantly from 0.7 to 0.5 mm in Gen 6 and larger fabs. From Q2’09 to Q2’11, the quarterly area capacity of TFT LCD glass production is expected to increase by 42%. The growth will be accomplished with a 15% increase in the number of tanks.

The Quarterly LCD Glass Substrate Report is ideal for panel makers, glass makers, and product planners interested in details of glass substrate technology and market dynamics. This report covers basic introductions, technical evolutions, market forecasts, capacity profiles, supply/demand modeling, and value chain relationships, as well as cost and price for TFT LCD glass substrates.

Use this report to:

• Look at forecast pricing and adjust your pricing strategy
• Determine the likelihood of production shortfalls and plan accordingly
• Use technology insights to rethink product development strategy

Data Covered

• Rolling historical 5 and forecasted 8 quarters
• Capacity by supplier and by region
• Shipments by supplier: actual shipments, share, Q/Q and Y/Y changes
• Array revenues by generation: actual, share, Q/Q and Y/Y changes
• Pricing by size: actual, Q/Q and Y/Y changes
• Array glass supply chain: share by account and by TFT LCD fab
• Overview of new tank status

Key Questions Answered

• What does the glass supply/demand situation look like?
• Where is Corning gaining or losing share?
• How fast are glass prices falling at each size?

TABLE OF CONTENTS

Executive Summary

Methodology

Supplier Capacity

China Investments

Shipments by Supplier

Substrate Prices

Substrate Demand Forecast

Substrate Sales Revenue

Supply Chain

Supply/Demand

Supplier Operating Results