Shenzhen Enrich Electronics Co., Ltd

Favorite  |  Set Home
skype: cassie_1191
QQ: 2850818618
FACEBOOK: Cassie Huang
E-mail: 黄露
E-mail: cassie@rxxdisplay.com
Company News >> BOE No. 1! BOE/TCL CSOT/Huike LCD panel shipments account for half of the world 15th,Feb,2022
                                          On September 6, the latest data from CINNO Research showed that domestic LCD panel manufacturers saw a significant increase in revenue and profitability in the first half of this year. Among them, BOE, TCL Huaxing, and Huike, the three giants, accounted for the LCD panel shipment area in the first half of the year. It accounted for 50.9% of the global total shipment area, the first time the proportion exceeded half.

It is understood that in the first half of this year, BOE's LCD panel shipment area accounted for 22.7%, TCL Huaxing Optoelectronics' shipment area accounted for 17.7%, and Huike's shipment area accounted for 10.4%. Among them, BOE and TCL Huaxing have completed the integration of production capacity, and the new production lines have gradually increased their production capacity, which has brought production capacity growth to them. Huike has improved the delivery capacity of large-size products, which has also brought about substantial growth.

In addition to the above three giants, several major panel manufacturers such as Shentianma, Rainbow, Longteng Optoelectronics and Visionox also achieved very good growth in the first half of this year. Previously, Samsung and LG both announced their withdrawal from the LCD panel market, but due to the increase in panel prices, they both indicated that they would suspend LCD production capacity clearance. LG's production capacity has gradually recovered, and its shipments have returned to fifth in the world.

According to the semi-annual reports released by several major panel manufacturers, BOE's revenue in the first half of the year reached 107.285 billion yuan, an increase of 89.04% year-on-year. The net profit attributable to the parent reached 12.762 billion yuan, a year-on-year increase of more than ten times. It ranks first in the world in terms of monitor shipments in the five major fields of smartphones, tablet computers, notebook computers, monitors, and TVs.

In the first half of the year, TCL's revenue was 28.2 billion yuan, a year-on-year increase of 131.9%, and its net profit was 7.17 billion yuan, a year-on-year increase of 1384.6%. Its panel shipment area reached 16.988 million square meters, the share of 55-inch TV panels was the first in the world, and the share of 65-inch and 75-inch TV panels was second in the world.

This year, due to the price increase of LCD panels, all panel manufacturers have seen a sharp increase in the revenue and profits, and the profits of the two major manufacturers BOE and TCL have increased tenfold. Originally, Samsung and LG were no longer ready to produce LCD panels, but the situation was so good this year that they regretted and reopened their production lines.

Zhou Hua, chief analyst of CINNO Research, predicts that the price of LCD panels may enter a rapid price reduction mode in the second half of the year. A few days ago, supply chain stakeholders also said that the price of LCD panels has fallen sharply since August. It seems that the price of TV sets should also come down soon, and friends who are interested in buying TVs can wait quietly.

Online service

Skype: cassie_1191 2850818618 cassie@rxxdisplay.com