Domestic panel industry enterprises achieve rapid growth, the global panel leader also outstanding performance

Since April, the panel industry's giants have handed over their reports for 2020 and the first quarter of the year. Thanks to factors such as the continued rise in panel prices since the second half of last year, the performance of global panel enterprises has basically achieved a substantial growth, while the industry's leading Beijing Oriental (BOE) and TCL technology performance is particularly prominent.

BOE A(000725.SZ) released a first - quarter performance announcement on the evening of April 2 9 and said, First quarter 2021 revenue was around $ 4 9 . 6 5 5 billion, Up by 107.87 % annually ;Net profit of about $ 5 . 1 8 2 billion, Up by 814.46 % year on year .TCL科技(000100.SZ) aspects, Operating income of 2021 in the first quarter reached RMB 3 2 . 1 4 4 billion, Up by 133.91 % annually ; Net profit attributable to the shareholders of the listed company is RMB 2 . 4 0 4 billion, Up 488.97 % Yo.

At present, the panel giants that have issued performance reports, including Shenzhen Tianma, Rainbow shares ,* ST Huaying, have achieved significant growth or turnaround. At the same time, South Korea's Samsung and LG、Taiwan's Youda Optoelectronics and other global panel giants have achieved rapid growth.

Dong Min, deputy secretary-general of the China Electronic Video Industry Association, told reporters that the panel boom cycle, which began in the second half of last year, has made a profit for the entire panel industry, including LCD and OLED. At present, the market's main panel giants have achieved substantial profit growth. The boom is expected to continue into the second half of the year, as prices have risen so much that panel makers will generally be profitable this year.

It is worth noting that more voices are beginning to believe that as capacity is more concentrated to the panel tap, the panel tap adjusts supply and pricing capabilities, and the future panel tap is expected to get rid of the strong periodic attributes of the panel industry. usher in sustained deterministic growth and profitability.