It is learned from BOE data that BOE’s flexible OLED business basically completed its annual shipment target in 2022, maintaining a year-on-year growth of more than 30 percent. BOE pointed out that in 2023, with the continued growth of the company’s flexible OLED business, as well as the continued increase in client share, the company’s flexible OLED product shipments are expected to continue to maintain significant growth.

In terms of production lines, BOE said the company has 17 semiconductor display production lines (one under construction) in Beijing, Chengdu, Mianyang, Hefei, Ordos, Chongqing, Fuzhou, Wuhan, Kunming and Nanjing, including eight high-generation lines, including six 8.X generation lines and two 10.5 generation lines; three sixth-generation flexible OLED production lines; in addition, it also has one silicon-based OLED production line and In addition, BOE has 1 silicon-based OLED production line and 1 sixth-generation new semiconductor display device production line (under construction).

In terms of the supply chain, BOE said the company attaches great importance to supply chain security construction, maintains good cooperation with thousands of suppliers worldwide, and actively promotes the localization and localization of raw materials to reduce raw material costs and supply chain risks. At the same time, the company continues to actively layout in the industrial chain to promote better and sustainable development of the industrial chain. At present, the company has helped dozens of upstream material and equipment partners to grow rapidly and healthily through itself and industrial funds.

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Omdia said that September 2022 will be the last month of the LCD TV Open Cell price reduction cycle. Since October, panel makers have been clamoring for higher prices or they will not accept orders.

The report points out that more and more TV brands and OEMs are accepting price increases. Not only did the smaller sizes end up seeing price increases, but almost all sizes, including 32″, 43″, 50″, 55″ and 65″.

Before increasing the utilization rate of production lines, the price increase target of panel makers is to ensure that the selling price is higher than the cash cost. According to Omdia, most LCD TV brands and OEMs will have to accept price increases. Accepting higher panel prices is the only way to secure the supply of TV panels they need, especially during periods of low production line utilization.

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The latest data from the General Administration of Customs of China shows that China’s LCD TV exports continue to grow, with 8.43 million units exported in July, up 30.4% year-on-year, and 51.58 million units exported from January to July, up 16.4% year-on-year.

According to CCTV Finance, Liu Tangzhi, vice chairman of the board of directors of a TV manufacturer, said that China accounts for at least 60% of global TV manufacturing, R&D and shipments.

There is also a TV production company in Guangdong, the general manager said that since the third quarter, the shipment volume has increased greatly, all shipping ports 24 hours full load non-stop delivery status.

Industry insiders believe that in recent years, China-made television products, in terms of quality and technology have reached the international leading level, recognized by overseas consumers.

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The report points out that for most industry players, the price of all panels below 75 inches has now fallen below cash cost.

According to DSCC’s quarterly panel plant capacity utilization report data, the LCD industry’s utilization rate dropped from 87 percent in April to 83 percent in May to 73 percent in July. While the monthly price decline slowed to 4.8% in July, a further slowdown is expected in August and September. However, the damage from the steep price decline in June will add to the year-over-year decline throughout the third quarter. Prices are expected to fall by an average of 15.6 percent in the third quarter.

DSCC said that when looking at pricing on an area basis, higher-generation lines have a greater price premium for producing larger sizes. 65-inch and 75-inch, produced on the 10.5-generation line, have long enjoyed a significant price premium over smaller screen sizes, but that premium disappeared in the second quarter. in August, area prices for 65-inch are expected to be on par with 32-inch, which is the industry’s The lowest in the industry, at $96 per square meter.

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