The output value of China's panel industry decreased by 30% in the first four months of this year.

The output value of China's panel industry decreased by 30% in the first four months of this year.

1. Driven by the demand for LCD TVs, laptops, mobile phones and other products, the output value of China's LCD panel and its components industry (referred to as the panel industry) broke through the trillion yuan mark in 1996, reaching a record high of 1 trillion 182.6 billion yuan. however, affected by the financial tsunami, the output value plummeted to 930.8 billion yuan in 1998. After that, countries have put forward plans to revitalize the economy, leading to a rapid rebound in demand for panel products.

two。 Benefiting from buoyant global sales of smartphones and tablets, coupled with the hot demand for large-size TV panels, the output value of the panel industry maintained about 1.1 trillion yuan for five consecutive years from 1999 to 103. Affected by weak global economic growth, weak demand in the end market and fierce international competition in 104 years, the panel market was in oversupply and prices fell, and the output value in 104 years dropped to 953.3 billion yuan, an annual decrease of 13.5%. In the first four months of 105 years, the output value also fell by 31.9% a year. As the peak season in the second half of the year is approaching, the demand for stock increases and prices rise, the output value is expected to rise quarter by quarter.

3. The panel industry has been affected by the 0206 earthquake in the south over the past 105 years, interfering with the production progress of manufacturers, and the cumulative output value from January to April has decreased significantly by 38.9%. The output value of small and medium-sized panels (less than 10 inches) accounted for about 15%. In 104, due to the slowdown in smartphone growth and the decline in tablet sales, the output value decreased by 18.1%, and decreased by 32.2% from January to April in 105 years. The output value of LCD panel components (color filter, glass substrate for LCD, backlight module) accounts for about 20% of the receiving panel market, which is in poor condition and declining synchronously.

4. The direct export ratio of the industry is about 80%, mainly for export. From January to May of 105 years, the export value of China's panel products (HS9013) was US $2.75 billion, an annual decrease of 28.4%. The main export market was Chinese mainland, accounting for 78.8%, followed by Hong Kong's 11.8%.

5. Comparing the panel exports of major competitors, Chinese mainland ranked first, South Korea ranked second, China and Japan ranked third and fourth respectively.

▲ the output value of China's panel industry decreased by 30% in the first four months of this year.