Shenzhen Enrich Electronics Co., Ltd

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E-mail: cassie@rxxdisplay.com
Company News >> Deep horse: LCD market in short supply AMOLED production capacity effective release 21th,June,2017
                                           Deep days from the disclosure of the financial report was reported that deep horse in the first half of this year's revenue of 4.97 billion yuan, down 3.26 percentage points; net profit of 264 million yuan, an increase of 2.88 percentage points. And in the second quarter profits were significantly higher than the first quarter, but the revenue has declined slightly; net profit rose 36 percentage points, about 174 million yuan, revenue fell 6.66 percentage points, about 2.52 billion yuan; Interest rates increased by 3.41 percentage points to 19.53%.
                                Deep Tianma in the original industry to upgrade the structure, the future will be in the Tablet PC, smart wear, smart phones, automotive equipment, medical, POS machines and HMI and other areas focus on layout, increase product structure optimization efforts. And the main business to expand to the charging pile, no access, AR / VR and intelligent home and other emerging areas.
                                In the first half of this year, domestic mobile phone shipments grew very fast, and because last year, Japan and South Korea shut down a lot of LCD panel factory in March this year, after the panel prices and there are signs of short supply, making the company in the second quarter profit Have a greater benefit. Now the company's production capacity has been greatly expanded, managed by the Xiamen Tianma 5.5 generation LTPS production line in the domestic market is full of full sales of the state, the next generation LTPS production line has gradually put into use. While the LCD panel prices continued to be more significant, is expected to continue until the first quarter of next year; this also for the company's annual growth performance has laid a solid foundation.
                                In AMOLED, Shanghai's 5.5-generation AMOLED line shipments increased, with the production line of technology upgrades, yield increase performance will be gradually released; and in Wuhan 5.5 AMOLED production line is also the end of the construction, tomorrow will have Very likely to be put into production. And the nationwide demand for intelligent terminals AMOLED increasingly strong, deep Tianma A large customer channels in the vast resources, AMOLED business will gradually warming, the future will make a significant contribution to the overall performance.

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