AUSTIN, TX — September shipments of large-area TFT LCD panels reached 52 million units, up 2% sequentially and 25% year-over-year.

The results set a record for monthly large-area TFT LCD shipments, DisplaySearch said. Large-area TFT LCD revenues reached $6.8 billion, up 6% sequentially and 15% year-over-year.

The overall market grew despite the fact that shipments of monitor panels declined 8% from August to 16.8 million units, the first time this segment has experienced a monthly decline since February.

Samsung shipped more than 5 million panels for portable PCs (notebook and mini-note/netbook) in September, the first time a supplier shipped that many panels in a month for this application. Samsung remains the market leader with 24.3% market share, followed by LG Display with 24.0%, AUO with 17.9%, and CMO with 14.1%.

“September was a record-breaking month for large-area TFT LCD panels in several segments, including total shipments, shipment area, notebook PC, TV and mini-note panel shipments. However, inventory adjustment and seasonal slowdown obviously influenced monitor panel demand, so for the first time since February, monitor panel shipments were down from the previous month,” said DisplaySearch vice president David Hsieh.

LCD TV demand is picking up in Europe and North America, driving panel shipments to a record high of 15.6 million in September, he added.