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Analysts warn the display market bubble may burst by 2020

The flat panel display (PFD) equipment market enjoyed the dizzying heights of $20.2bn in revenues in 2017, but a warning was issued this week by researchers at IHS Markit – forecasting flat panel display revenues to fall by over $6bn in just two years, a nosedive which could cause serious problems for a host of manufacturers. IHS Markit essentially points the finger at the Chinese government for setting up the conditions for a burst bubble in 2020. Having pumped local panel makers full of finances, land grants, reduced taxes and direct subsidies – in order to build up a homegrown industry, especially in the newer active-matrix OLED (AMOLED) display technologies – the Chinese authorities have driven players to invest prematurely…

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