Continental panel companies are booming
In recent years, China's new display panel industry has shown a good development overall, and the overall industry scale has continued to expand. In the first half of 2017, China’s display industry’s total industry sales revenue reached 135.6 billion yuan, a year-on-year increase of 65%. The volume of domestic panel shipments reached 31.82 million square meters, accounting for 33% of the world's total. At the same time, the construction and commissioning of OLED panel production lines can also gradually increase the influence of the mainland panel industry.
With the efforts of many companies, we can have such excellent OLED panels immediately.
In fact, before 2010, the mainland's panel industry was not outstanding. The import amount of display screen was once the fourth largest single imported product after oil, chips and iron ore. At that time, the global panel industry was mainly concentrated in South Korea, Japan, China Taiwan and other countries and regions. However, with the active layout of BOE, China Star Optoelectronics and other panel makers, with the construction of several high-generation lines, the production capacity of the mainland's display panels continues to expand. At the same time, Japanese and Korean companies began to adjust their production capacity structure in 2016 and shut down multiple low-end production lines.
From 2013 to 2015, due to the influence of mainland panel makers on the continued investment in 8.5 generation production capacity and LTPS production capacity, the global growth rate of the overall production capacity of the industry shows an upward trend year by year. For mainland panel makers, 2016 was a turning point because Japanese and Korean manufacturers began to adjust their production capacity. The low-generation lines are continuously shutting down. Therefore, its growth rate has significantly declined in 2016. It is clear that competitors have adopted many strategies for capacity conversion and structural adjustment during this period. â€
BOE
This year, the overall production capacity has recovered to a relatively large growth. There are a lot of expansions from the mainland's production capacity, such as the ramp-up of the 8.5-generation line capacity, so overall the production capacity has continued to grow. The production capacity of mainland panel makers is actually not very large this year globally, accounting for 26% of the world's total (according to the statistics of companies and regions to which equity relations belong).
Another adjustment is that after Hon Hai's acquisition of Sharp, we have incorporated it into the production capacity of the panel plant in Taiwan in terms of actual control rights. Therefore, from the current perspective, South Korea is the first, and China Taiwan is the second. China’s production capacity is still ranked third in the world. Of course, its share is about 4 to 5 percentage points higher than the same period of last year.
At present, the United States, Japan, and Germany mainly focus on the upstream raw materials of the industry, while Korea, mainland China, and Taiwan, China, mainly seek development in the industry's midstream panel manufacturing sector. With the successive production of the mainland's advanced generation line, today's panel industry Korea, mainland China and China Taiwan are three points.
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