Market analysts pointed out that the past losses and high inventory made the Taiwan panel industry still facing great challenges in the fourth quarter. AUO and Chi Mei's shipments in the third quarter were still optimistic. AUO's large-size shipments in the third quarter were approximately 33.22 million units, up 4.6% quarter-on-quarter, up 11.9% year-on-year, and small-size panel shipments exceeding 42.22 million. The film increased by 11.1% quarter-on-quarter and fell by 18.9% year-on-year. Due to insufficient yield, AUO shipped a total of 400,000 iPad Mini panels in the third quarter, which was less than expected.
Chi Mei continued to lose money in the second quarter, but its latest monthly report showed that large-size combined shipments totaled 40.75 million units, up 15.3% from the previous month, and combined small and medium-sized shipments totaled 108.16 million units, up 14.4% from the previous month.
Analysts believe that if the fourth quarter can maintain such growth, the profits of the two companies will be significantly improved. At present, AUO and Chi Mei are making more products in small and medium sizes, and responding to increasingly fierce market competition through product differentiation and finding more emerging markets.
At the same time, mainland panel manufacturers are increasing productivity and forming local alliances. Huaxing Optoelectronics' 8.5-generation LCD panel project has surpassed 100,000 pieces of designed full-load capacity three months ahead of schedule. In September, it achieved 108,000 pieces, and the yield rate reached 95%. In September, Huaxing's product shipments accounted for 9.5% of the world market. BOE is also expected to grow 6.88 million to 68.88 million yuan in the third quarter with the growth of Beijing's 8.5-generation line capacity and shipment growth.
This brought more pressure to Taiwan panel makers in the fourth quarter. Under the impact of BOE and Huaxing Optoelectronics, Chi Mei and AUO have gradually abandoned the supply of 32-inch and 42-inch LCD panels to mainland TV manufacturers. Taiwan's panel will gradually shift to small and medium-sized high-pixel touch panels, as well as large-size LCD panels of 55 inches or more, to compete with mainland panel manufacturers.
Chi Mei continued to lose money in the second quarter, but its latest monthly report showed that large-size combined shipments totaled 40.75 million units, up 15.3% from the previous month, and combined small and medium-sized shipments totaled 108.16 million units, up 14.4% from the previous month.
Analysts believe that if the fourth quarter can maintain such growth, the profits of the two companies will be significantly improved. At present, AUO and Chi Mei are making more products in small and medium sizes, and responding to increasingly fierce market competition through product differentiation and finding more emerging markets.
At the same time, mainland panel manufacturers are increasing productivity and forming local alliances. Huaxing Optoelectronics' 8.5-generation LCD panel project has surpassed 100,000 pieces of designed full-load capacity three months ahead of schedule. In September, it achieved 108,000 pieces, and the yield rate reached 95%. In September, Huaxing's product shipments accounted for 9.5% of the world market. BOE is also expected to grow 6.88 million to 68.88 million yuan in the third quarter with the growth of Beijing's 8.5-generation line capacity and shipment growth.
This brought more pressure to Taiwan panel makers in the fourth quarter. Under the impact of BOE and Huaxing Optoelectronics, Chi Mei and AUO have gradually abandoned the supply of 32-inch and 42-inch LCD panels to mainland TV manufacturers. Taiwan's panel will gradually shift to small and medium-sized high-pixel touch panels, as well as large-size LCD panels of 55 inches or more, to compete with mainland panel manufacturers.
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