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February 11, 2022
Core Tip: At present, the average utilization rate of the panel industry is still at a relatively high level, reaching 85%
With the launch of new production capacity, the total investment in the panel production industry is still on the rise in the first quarter of this year. According to the latest research data from market research agency DSCC, in the fourth quarter of last year, the overall filming area of the panel industry was 86.3M square meters, down 2% month-on-month and up 9% year-on-year. In the first quarter of this year, DSCC expects that the overall filming area will be 87.1M square meters, an increase of 1% month-on-month and an increase of 8% year-on-year.
"This has increased the downward pressure on panel prices to some extent," DSCC said. After the outbreak of the epidemic in 2020, panel factories in mainland China and Taiwan have maintained high utilization rates.
In the fourth quarter of last year, the utilization rate in mainland China fell slightly, but it increased in January this year. DSCC expects that the utilization rate of panel factories in mainland China will be 87% during the first quarter of this year, an increase of 1% from the previous quarter. In order to further strengthen its market share in the production of large-size TV panels, BOE expects the utilization rate of its two G10.5 LCD production lines to exceed 90% in the first quarter.
The utilization rate of panel factories in Taiwan has dropped slightly, but its overall utilization rate has been above 90% for seven consecutive quarters.
The average utilization rate of global panel factories fell slightly from 88% to 86% during the fourth quarter of last year, but it is expected to further drop to 85% in the first quarter of this year, and the decline is not too large.
DSCC said that in terms of overall film production, mainland China has been the leader in the past three years and will remain the leader in the future.