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Liquid Crystal Display - Essay Example
A liquid crystal display (LCD) is a thin, flat display device made up of numbers of color or monochrome pixels arranged in front of a light source or reflector. The technology has been used for displays in various equipments including pocket calculators, wrist watches, notebooks and televisions…
It is a high cost industry with significant investment required for new entrants. Major portion of the modern LCD industry is currently dominated in the regions of Taiwan, Korea, Japan, and China.
Japan had a leading position in the global TFT-LCD industry before 1995. However, as the competition intensified, other manufacturers in Taiwan and Korea entered the market. Taiwan soon achieved a very strong position in the industry with large demand from local notebook PC manufacturers. Currently, the global TFT-LCD panel production capacity and the TFT-LCD supply chain are heavily concentrated in Taiwan, Korea, Japan, and China.
The following essay will take a brief look at the LCD industry with a focus on the LCD TV. The essay will start with a brief discussion on the how the industry came into being and then a look at the future demand forecasts. As the essay is primarily supply chain focused, the next section will discuss the supply chain as well as the value chain which offers a better overall picture of the industry. The will be followed by a discussion on some of the recent trends in the supply chain as well as how the industry dynamics is redefining the whole electronics supply chain.
Although properties of liquid crystals were discovered as early as 1880s by Friedrich Reinitzer, the interest in the development declined due to lack of practical application. ...