TV panels becoming bigger to meet customers' demand

Chinese TV panel manufacturers are investing heavily in large-size screens with high-definition and cutting-edge technologies, a move that China's display panel industry hopes will help it to make headway against overseas competitors.

Shipments of liquid crystal display (LCD) TV panels worldwide totaled 284 million last year, up 8.4 percent year-on-year, according to a report released by Beijing-based market researcher Sigmaintell Consulting.

Affected by the slowdown in the global economy, and consumers' limited purchasing power, TV panel supply has surpassed demand. Manufacturers are facing severe challenges due to falling panel prices, the report said.