Shenzhen Enrich Electronics Co., Ltd

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Company News >> OLED panel hot Taiwan Touch Factory and Xin next year to be expanded into three percent 17th,Feb,2017
                                    OLED panel market compound annual growth rate of up to 23%, optimistic about the growth of OLED panels, and Xin plans to invest 15 to 1.8 billion next year expansion, expansion rate of about 30%. In addition to Samsung, and Xin is also actively layout of mainland mobile phone customers, estimated mainland customers next year will be raised to nearly 5% of the level of revenue, revenue is expected to resume growth momentum.
                            And Xin has a 5.5 generation touch sensor factory, the main customer is Samsung, AMOLED panel supply touch sensor, the overall shipments accounted for about 68%. Samsung this year to expand take-away AMOLED panel, the mainland smart phone brand AMOLED panel with the proportion of 15%. 2017 Apple will also use AMOLED panel, pushed up AMOLED market demand expansion, the mainland, including Vivo, OPPO and other brands will also be launched AMOLED screen mobile phone, AMOLED panel in the global smart phone market penetration is expected to rise to 26% The It is estimated that by 2020, AMOLED mobile phone panel compound annual growth rate will be as high as 23%.
                           Optimistic about the growth of the OLED market, and Xin is developing expansion plans within the estimates, it is estimated that a 5.5 generation of production line investment spending of about 15 to 1.8 billion, the fastest installed in the third quarter of 2017, the fourth quarter can be put into production.
Mainland mobile phone brand last year AMOLED panel demand of about 50 million, 2016 increased to 85 million, 2017 major brands have a large number of new machines using AMOLED panel, on the other hand, the mainland panel makers are also actively invest in AMOLED panel production line. And Xin actively into the mainland market, the mainland next year, the proportion of customers will be pulled up to nearly 50% level, but also help to improve profits.
                           The second half of the panel market hot, and because the beginning of the earthquake damage to the production capacity recovery, and Xin third quarter profit. Third quarter revenue of 833 million yuan, compared to the previous quarter, almost doubled, operating profit of about 330 million yuan, the industry turned a profit, after-tax net profit of about 199 million yuan, earnings per share of 0.27 yuan. Accumulated the first three quarters of this year revenue of about 1.815 billion yuan, annual reduction of 42.45%, operating losses of about 519 million yuan, net loss of 847 million yuan after tax, net loss of 1.15 yuan per share.
                           And Xin Nanke production line by the impact of the beginning of the earthquake, equipment, serious damage to the machine until the completion of repair in the year, shipments in the third quarter gradually returned to normal. October revenue reached 310 million yuan, an increase of 7.64%, also since January this year, a single month record high. Expected in November, December shipments steady, compared to the third quarter is expected to maintain growth in the third quarter.

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