Last month, BOE's plan to issue an additional 46 billion yuan was approved by the shareholders' meeting, which triggered controversy. In recent years, BOE's investment in LCD panel projects has exceeded 100 billion yuan, but the record of years of losses has caused some investors to question whether their huge investment can achieve corresponding returns.
Wang Dongsheng, chairman of the LCD branch of China Optical Electronics Industry Association and chairman of BOE, said that the industry has been in an embarrassing situation of losing more profits for many years. Only the concept, technology and application innovation can change the long-term confusion of investment returns in the panel industry.
Whether panel companies can make long-term profitable challenges
The data shows that there are 21 panel production lines built and under construction in China, with a total investment of 200 billion yuan and an annual production capacity of 50 million square meters. The products cover mobile phones, tablet computers, notebooks, desktop computers, televisions, etc. The display of the terminal displays the direct or indirect annual output value of hundreds of billions of dollars.
According to the previously published semi-annual report data, the performance of the two panel companies in the first half of the year was good. BOE's total revenue for the first half of the year was 16.25 billion yuan, an increase of 69.16% over the same period of last year. The net profit reached 860 million yuan. In the first half of last year, it was a net loss. It reached 787 million yuan. Huaxing Optoelectronics' sales revenue in the first half of the year was 6.82 billion yuan, and net profit was 890 million yuan, of which the operating profit was 720 million yuan, which became the main driving force for TCL Group's profit growth.
Although the momentum is improving, Wang Dongsheng is not optimistic. He said that since the second half of 2012, most enterprises in the industry have gradually turned a profit, but it is still challenging to maintain long-term stability and good profitability, and only refers to ideas, technologies and Applying innovation can change the situation of poor investment returns in the industry.
Future industry trends, multiple technologies coexist
At the recent International Consumer Electronics Show in Berlin, Samsung and LG showcased ultra-high-definition OLED curved screen TVs. The new generation of display technology AMOLED is gradually developing. Will it bring huge impact to the newly emerging Chinese LCD panel industry?
Wang Dongsheng believes that TFT-LCD to AMOLED is an extension and development of technology, and their technical relevance and resource sharing are as high as 70%. As the TFT-LCD technology is still making progress, the bottleneck of the AMOLED technology such as the EL light-emitting efficiency still needs time to break through. "The competitiveness of the two is not good enough to be determined, and it is left to the market."
At present, LTPS (low temperature polysilicon) AMOLED has been mainly used in high-end mobile products such as mobile phones. Wang Dongsheng expects that its technological vitality can continue until 2040, as technology advances and costs are gradually reduced. He also expects Oxide (oxide) AMOLED to be gradually commercialized after 2014. In the future, it may be mainly used in large-size display products such as TVs. The large-volume display of flexible display products is expected to be after 2015.
Wang Dongsheng, chairman of the LCD branch of China Optical Electronics Industry Association and chairman of BOE, said that the industry has been in an embarrassing situation of losing more profits for many years. Only the concept, technology and application innovation can change the long-term confusion of investment returns in the panel industry.
Whether panel companies can make long-term profitable challenges
The data shows that there are 21 panel production lines built and under construction in China, with a total investment of 200 billion yuan and an annual production capacity of 50 million square meters. The products cover mobile phones, tablet computers, notebooks, desktop computers, televisions, etc. The display of the terminal displays the direct or indirect annual output value of hundreds of billions of dollars.
According to the previously published semi-annual report data, the performance of the two panel companies in the first half of the year was good. BOE's total revenue for the first half of the year was 16.25 billion yuan, an increase of 69.16% over the same period of last year. The net profit reached 860 million yuan. In the first half of last year, it was a net loss. It reached 787 million yuan. Huaxing Optoelectronics' sales revenue in the first half of the year was 6.82 billion yuan, and net profit was 890 million yuan, of which the operating profit was 720 million yuan, which became the main driving force for TCL Group's profit growth.
Although the momentum is improving, Wang Dongsheng is not optimistic. He said that since the second half of 2012, most enterprises in the industry have gradually turned a profit, but it is still challenging to maintain long-term stability and good profitability, and only refers to ideas, technologies and Applying innovation can change the situation of poor investment returns in the industry.
Future industry trends, multiple technologies coexist
At the recent International Consumer Electronics Show in Berlin, Samsung and LG showcased ultra-high-definition OLED curved screen TVs. The new generation of display technology AMOLED is gradually developing. Will it bring huge impact to the newly emerging Chinese LCD panel industry?
Wang Dongsheng believes that TFT-LCD to AMOLED is an extension and development of technology, and their technical relevance and resource sharing are as high as 70%. As the TFT-LCD technology is still making progress, the bottleneck of the AMOLED technology such as the EL light-emitting efficiency still needs time to break through. "The competitiveness of the two is not good enough to be determined, and it is left to the market."
At present, LTPS (low temperature polysilicon) AMOLED has been mainly used in high-end mobile products such as mobile phones. Wang Dongsheng expects that its technological vitality can continue until 2040, as technology advances and costs are gradually reduced. He also expects Oxide (oxide) AMOLED to be gradually commercialized after 2014. In the future, it may be mainly used in large-size display products such as TVs. The large-volume display of flexible display products is expected to be after 2015.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
Comcn Electronics Limited , https://www.comencnspeaker.com