China made 23 million+ LCD monitors last year

A REPORT SAID factories in mainland China bashed out over 23 million units in 2003. And the report, by Kevin Wang, display analyst at iSuppli, reckons that manufacturing will grow by 20% this year. If the figures are correct, and they won't be far off, that means China makes nearly half the LCD and CRT PC monitors in the world. Nevertheless, these units are funded by South Korean and Taiwanese companies, which are using economies of scale - that is to say labour at a low cost - to make the units. The Taiwanese manufacturers include AOC, Benq (pronounced Bank), EMC, Quanto, Lite On, Compal and others.

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News source: The Inq

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