The bottom of the panel market is approaching, and the dawn is coming

In the face of recent panel market conditions and low prices, Innolux general manager Yang Zhuxiang believes that the panel industry will cycle for about 12-18 months at a time. In the second half of the year, when the economic situation stabilizes and the impact of the epidemic eases, demand can pick up, and the panel industry is entering this stage at this stage. The bottom of the wave of the industrial cycle is at the bottom,and the dawn is just around the corner. The recent lockdown of the epidemic has limited direct impact on Innolux.

Yang Zhuxiang described the panel industry in terms of time. He believes that the industry, starting from the downturn of the panel boom in October last year, is about to enter the bottom at this stage, and it is expected to rebound in the future.

Short-term industries are affected by conflicts and epidemics, which haveled to higher uncertainties, but rigid demands are still there. The Russian-Ukrainian conflict started nearly two months ago, and the demand for TVs in Europe and the United States has dropped sharply. Brand factories have also lowered their panel purchases. However, Yang Zhuxiang believes that as the conflict is expected to end in the second half of the year, the economy will stabilize, and the global coexistence trend with the virus is fermenting, including reconstruction, the original wait-and-see demand will recover.