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Company News >> 2017 LCD panel growth slows OLED production or soars 5th,Nov,2018

In the past 2016, the production capacity of LCD panels in China continued to expand, but as the entire display market began to tilt toward OLEDs, the market demand for LCD panels began to slow down. In terms of data, the supply of panels in the first quarter of 2016 exceeded 20% of actual demand, there is a serious panel oversupply problem.

In the second half of 2016, upstream panel manufacturers began to consciously reduce the production capacity of LCD panels due to inventory pressure and the lack of optimism about future market growth, and even shut down some production lines. The supply and demand of LCD panels began to balance, according to the authority The annual growth rate of large-size LCD panel production in 2017 is expected to be only 3.9%, which will be the most conservative year for capacity growth in several years.

This year will be a year of re-dividing LCD panel forces. Although the total volume is slowing down, the capacity of panel makers in mainland China has continued to expand since 2016, and shipments surpassed Taiwan’s ranking second in the world, with Korean panel makers reducing LCDs. Capacity, it is expected that LCD panel shipments in mainland China will rank first in the world this year.

This year will be the turning point for the substantial growth of the OLED market.

As a powerful future display technology, OLED is now recognized as the successor of LCD. Whether it is display performance or physical characteristics, it must completely surpass LCD. Currently, panel manufacturers are gradually starting to deploy in OLED, as Apple will be equipped on new iPhone products. The emergence of such huge orders as OLED screens will become an important turning point for the substantial growth of the global OLED market this year.

In fact, the Korean panel factory began to actively adjust the proportion of the product line before many years ago, constantly closing the LCD panel production line and increasing the production capacity of the OLED panel. It must be said that at this step of the transformation, the Korean manufacturers have a technical background and indeed see it. long. However, I believe that with the support of sufficient funds and technology, domestic panel makers can quickly follow up on the development of OLED.

At present, OLED screens are mainly used in small-sized devices such as mobile phones. Subsequently, the production capacity of global OLED screens continues to grow. It is believed that domestic manufacturers that prefer OLED screens will take the lead in bringing OLEDs to market in large quantities, but the initial supply is tight. Inevitably, with the increase in production capacity, it is believed that the future OLED panel war will be more intense.