I agree with your assessment. The interesting thing about the markets from several that I have read the past 6-8 months is that it is expected that the Asian market for the larger displays will be growing at rapid pace. That is why you see the larger display plants being built or planned to be built. That is a lot of capacity going into China.
SS said that he was "extremely confident" that QMC will be in an enviable position in China in the display market. It seems to all make sense.