Core tip: After some statistics, the latest panel investment production line in Chinese Mainland has been released. From the table, it can be seen that in 2022, there was hardly any significant action by panel factories, with only BOE and Tianma each announcing their plans to build a new panel production line. The remaining panel factories are committed to expanding production or bringing the original production line into operation, mass production, ramping up production capacity, adjusting production capacity structure, or improving panel technology.
Affected by events such as the epidemic, the Russo Ukrainian War, and global economic inflation, the year 2022 has been quite difficult for panel factories.
On the one hand, in response to the impact of the epidemic, panel factories have placed stable work and production in the first place; On the other hand, in 2022, market demand was sluggish, and the panel market experienced a cyclical decline, putting pressure on the annual revenue of panel factories. Based on the annual revenue released by several panel factories (Samsung, LG, AUO, and INNOLUX) recently, the 2022 revenue of panel factories may not be ideal.Looking ahead to 2023, the agency expects the panel industry to slightly rebound, and panel manufacturers can breathe a sigh of relief. However, in terms of investing in new production lines, it is expected that panel factories will remain relatively conservative, mainly based on market demand.
In 2023, it is expected that the market will still bring some new opportunities, such as flexible displays, high-end in car, and VR display applications.
