.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 how the industry came into being and then a look at the future demand forecasts. As the essay is primarily supplied 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. They will be followed by a discussion on some of the recent trends in the supply chain as well as how the industry dynamics are redefining the whole electronics supply chain.
Although properties of liquid crystals were discovered as early as the 1880s by Friedrich Reinitzer, the interest in the development declined due to a lack of practical application. Kawamoto (2002) points to the fact that the modern history of liquid crystals is dominated by the development of electronic displays made of liquid crystals.
These developments started in 1962 when Richard Williams discovered the electro-optical effect by generating stripe-patterns in a thin layer of liquid crystal material by the application of a voltage. By applying an electric field perpendicular to the surface of the glass, he observed the appearance of a regular pattern in the area where the electric field was applied. This phenomenon is now known as the ‘Williams domain’ and Kawamoto. .The electronics industry is very fast-moving and has been dominated by concepts such as ‘just in time’ manufacturing. . The manufacturers obviously do not want to order or pay for a significant amount of inventory in advance. . .