Samsung intends to turn its LCD panel production line into OLED panel production line to cope with market competition and panel price decline. Xie qinyi, general manager of IHS Markit display department, said that Taiwan panel Shuanghu Youda and Qun Chuang are also actively targeting customized and high unit price products recently, but this year is still a challenging year for Taiwan panel manufacturers.

 

Xie qinyi said that due to the continuous development of new production capacity by China's panel factories and the drop of panel prices, the competition in the panel industry is fierce. The performance of Youda and Qun Chuang Shuanghu in the first quarter is not as good as the market expectation, and the operating profit rate even reaches the level of - 7% and - 8%.

 

Youda's revenue in the first quarter was 66.705 billion yuan, down 13.47% in the quarter, down 10.4% from the same period last year; In the first quarter, Qun Chuang's revenue was NT $59.924 billion, down 17.05% in the quarter and 10.24% in the year, a new low in the past three years.

 

Looking at the performance of the panel industry in the second half of the year, Xie qinyi said that it is mainly divided into three blocks. The first block is TV panel. Although TV panel manufacturers are losing money at the present stage, they have to step in and just want to reduce the loss. He also said that if the layout is not diversified, it may be reduced to the situation that Japan JDI is seeking outside financial aid.

 

In addition, on the panel of pen and TV, Xie qinyi said that Youda and Qun Chuang all turned to the development of high price products such as electronic competition panel. The main reason is that the mobile phone panel and other products are highly competitive in the market due to the active entry of Chinese manufacturers.

 

As China's panel factories are advancing, Youda and Qun Chuang recently respectively said that they will invest in customized and intelligent manufacturing development, and also display innovative products. Xie qinyi said that the layout of new products including automotive, AR, VR and miniled will not be effective until at least 1-2 years. Therefore, this year is quite a challenging year for Taiwan's panel factories as a whole.