All along, in the global LCD panel industry, core technology and shipments have been firmly controlled by Korean and Japanese manufacturers. The domestic color TV industry has also continued to lack the status of the core screen. Without the right to speak, we can only compromise. The LCD panels of color TV manufacturers need to be imported in large quantities. Therefore, before 2010, the overall TV price in China was very expensive.
This situation has undergone a tremendous transformation recently. In recent years, the domestic panel industry has been developing rapidly. Domestic panel makers such as BOE and Huaxing Optoelectronics have continuously stepped up their efforts to build and build factories. With the completion of several high-generation lines, the current large-screen production has greatly improved compared with the past. It is estimated that by 2019, mainland panel production will achieve a counter-attack, surpassing South Korea to become the world's largest panel shipment.
Recently, the domestic panel company, BOE, released its first three quarters of 2017 performance report. The report stated that BOE’s total operating revenue for the first three quarters of 2017 was 69.4 billion yuan, up 51.41% from the same period of last year, and the company’s net profit in the first three quarters was also staggering, reaching 6.48 billion yuan, compared with the same period of last year. An increase of more than 45 times.
According to the global LCD panel research report issued by the foreign investigation company IHS market earlier this year, BOE has surpassed South Korea’s LG Electronics with a global shipment of 22.3%, making it the number one display panel company. The world's top five panel supply companies are BOE (22.3%), LG (21.6%), AU Optronics (16.4%), Innolux (15.7%) and Samsung Panel (9.9%). .
At present, major domestic panel makers have erupted collectively. The 10.5-generation TFT-LCD production line constructed by BOE with an investment of 40 billion yuan has been officially completed. It mainly produces large-size ultra-high-resolution panels over 65 inches. At the same time, the 11th generation TFT-LCD and AMOLED new display production line (G11 project) of Huaxing Optoelectronics under the TCL Group formally started construction. In addition, there will be next-generation panel makers that will continue to build plants this year, including the Chinese panda, Wikko, and Sharp Japan SDP.
Currently, the display industry is booming. Many manufacturers have invested in factories to help the domestic panel industry flourish, drive the development of the entire industry chain, and achieve counter-attacks against Japanese and Korean manufacturers.
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