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Company News >> Affected by the expansion of the mainland panel and OLED competition Taiwan panel production continued to decline 28th,July,2017
                                        Photoelectric Association (PIDA) is expected this year, Taiwan panel output value will continue to face the fate of recession, in addition to the capacity of the mainland panel out, the mobile phone market has been double hit OLED competition is expected this year's output will continue to decline, and the future development of hardships.
South Korea's Shingsung ENG announced today that it has signed a $ 57.5 million contract with AUO to supply AUO's panel production equipment. This amount is equivalent to Shingsung ENG last year, 29.30% of revenue, the contract is valid until February 1 next year.
Taiwan in the global supply of liquid crystal display panel has a place, but in recent years, the mainland manufacturers rely on government subsidies to invest a lot of money in the panel production, Lu Chang actively expand the new plant and production capacity continued out, the new production capacity is expected to second half Into the market, will be more affected Taiwan factory survival space. In particular, land-based panels in recent years in the quality and quantity have been refined, the market share increased year by year, obviously crowded the development of the global supply chain in the panel.
PIDA statistics in the first quarter of this year, Taiwan's liquid crystal display panel factory output value of 1,933.83 billion yuan, compared with the fourth quarter of last year output value of 2,061,944 million, a decline of 6.2%, but up 34.2% over the same period last year. Last year, panel output can grow quarter by quarter, mainly due to the production capacity of Korean plants will be transferred to the production of OLED, to promote the supply of some size tight, orders to Taiwan factory.
PIDA issued a warning, pointing to the Tablet Factory annual sales from 2012 year-on-year decline in the situation, the future development of the industry as a serious alarm, mainly due to the panel industry for high capital expenditure and high R & D industry, if the manufacturers can not profit The future long-term growth of living water.
PIDA said that Taiwan panel factory is currently facing unprecedented pressure from the recent quarterly earnings can be observed Taiwan plant has been the impact of the rise of the land plant, and even to endanger the level of national security, the community should face the problem.

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