Shenzhen Enrich Electronics Co.,Ltd

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Company News >> January to August 2017 Taiwan flat output soared 25%
According to statistics, in the first eight months of 2017, the output value of Taiwan's flat-panel industry reached NTD 621.7 billion (US $ 20.62 billion), an increase of 24.9% over the same period of previous year, the highest level for the same period of 2011.
Taipei's Ministry of Economy and Commerce (MOEA) said that the output value of large-size LCD panels (10 inches and above), accounting for more than 60% of the industry output in January-August, increased 27.7% over the same period of last year. In addition to the growing demand for television, the decision of South Korean manufacturers to close multiple LCD production lines in 2016 also benefited Taiwan's flat panel suppliers.
Due to strong demand in smartphones and the automotive industry, the output value of small- and medium-size panels (under 10 inches) in the 8-month period increased 34.3% YoY and accounted for 14% of the industry's overall value.
However, some of the monitor components, which make up 25% of total production, enjoyed mixed results in January-August. As the self-sufficiency rate of manufacturers increased, the demand from customers increased, the output value of color filters increased by 48.2% over the same period of last year, and the output value of glass substrates and backlight modules (BLUs) decreased by 11.3% and 27.4% respectively year on year.
The data also show that in the first nine months of 2017, the export of flat products from Taiwan suppliers reached 6.08 billion U.S. dollars, up 15.5% over the same period of last year.

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