innolux the emergence of small urgent orders on the it panel is now helping to eliminate inventory

By:Admin on 2023-07-28 11:06:52

Yang Zhuxiang, general manager of Innolux, said on the 24th that after TV panels, small urgent orders for IT panels have emerged, which will help to continue to destock until the first quarter of next year; the outlook for next year's Q2 tends to be cautiously optimistic. Innolux held a year-end media dinner today. Chairman Hong Jinjue, General Manager Yang Zhuxiang and Sustainability Director Peng Junhao shared the staged achievements of Innolux in recent years in terms of breakthrough, transformation and innovation. Hong Jinyang said that Innolux launched the second phase of transformation, and will carry out cross-domain transformation and upgrading through restructuring its advantages. Yang Zhuxiang pointed out that following the Double 11 and Black Friday promotions, there was a wave of urgent orders for TV panels, and this season there are also small urgent orders for IT panels, which will help to continue to reduce inventory until the first quarter of next year; the outlook for next year's Q2 tends to be cautiously optimistic ; And look forward to the good news of the industry's recovery in Q3.

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perfect display settled in huizhou zhongkai high-tech zone and joined with many high-tech enterprises to jointly promote the construction of the greater bay area

By:Admin on 2023-07-28 11:05:39

In order to carry out the practical action of “Manufacture to Lead” project, strengthening the idea of “Project is the Utmost Thing”, and focusing on the development of “5 + 1” modern industrial system, which integrates advanced manufacturing industry and modern service industry. On December 9, Zhongkai High-tech Zone of Huizhou held a contract signing ceremony with Perfect Display and six other high-tech enterprises. The project is expected to invest 5 billion yuan to set up an electronic and information industry cluster and build an intelligent manufacturing industrial base. The project involves electronic information, new materials of petrochemical energy, life and health, intelligent terminal, high-definition video display, intelligent energy, artificial intelligence, laser and additive manufacturing, etc. Shenzhen Perfect Display Technology Co. , Ltd. is a professional manufacturer specializing in differential professional display equipment, such as e-sports monitors, security monitors, Xinchuang home-made alternative monitors, smart-screen advertising monitors, wirelessmonitors, ultra-low-power energy-saving monitors. The company integrates R & D, production and sales. The successful set up in the International Cooperation Industrial Park of Tonghu Ecological Wisdom Zone in Huizhou City, will be the start to have a new product R & D base in Huizhou to further improve product line segmentation and global product market distribution. With the rise of a new round of scientific and technological revolution and industrial transformation, the intelligentization of manufacturing enterprises is bound to become the only way. The launch of the “Manufacture to Lead” project in Guangdong-Hong Kong-Macao Bay Area, is co-led by more than ten government officials and jointly landed by a number of well-known entrepreneurs. Chairman David He, general manager Chen Fang, general manager of Korean branch company Kim Byung-Ki, business manager Li Shibai, project manager Qian Jiaxiu were on behalf of the company to hold the signing ceremony. At the signing ceremony, David He, chairman of the board of directors, expressed his confidence in the development prospects of Perfect Display, as well as the development of the global display industry. And even more optimistic about the good investment environment of Zhongkai High-tech Zone. And will make use of the advanced Korean design team, together with the excellent management team of Perfect Display, to step deep into the fertile soil of Great Bay Area to radiate the world, making contribution to the development of the global business display field. David He also highlighted the proposed investment of RMB380M by Perfect Display (Huizhou) , would base on e-sports monitors of high response speed, high refresh frequency and high resolution, security monitor, Xinchuang home-made replacement integrated computer, smart screen advertising monitor, wireless display, ultra-low power consumption and energy-saving monitor, increasing the production and development of 5G + 8K mobile intelligent display, AR and VR, medical display, intelligent security display equipment to boost the display field with technology and hardware. In addition, we will provide global users with one-stop procurement of e-sports equipment and full-service online trading platform and industrial ecology, expanding the output value to 3 billion yuan. And through three to five years of efforts to achieve IPO listing. Finally, he highlighted that the core business philosophy of the company is “To be the world's leading professional display equipment providers and creators. To seek happiness for employees. To create value for customers. To obtain returns for shareholders. To make contribution for the society.” The establishment of the company in Huizhou will play an important role in promoting the future development of the company. The cooperation and launch of this project will be covered simultaneously by Southern Daily, Huizhou Daily, Huizhou TV Station, KAI TV Network and many other media.

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panel factory next year’s q1 utilization rate may be left at 60%

By:Admin on 2023-07-28 11:04:39

The number of confirmed cases has increased recently, and some panel factories encourage employees to take vacations at home, and the capacity utilization rate in December will be revised downward. Xie Qinyi, research director of Omdia Display, said that the capacity utilization rate of panel factories was at a low level in December. The Lunar New Year holiday will be longer in January next year, and the number of working days will be fewer in February. While the diagnosis rate soared, factory production was also affected. It is rumored that the first-tier mainland panel factories have recently encouraged their employees to take vacations and rest at home to avoid further escalation of the factory epidemic. The epidemic also caused a reduction in the production of panel factories, and the capacity utilization rate dropped again in December. Xie Qinyi said that with the decline in TV panel inventory and the demand for early-order purchases before the Lunar New Year has picked up in October and November, the production volume of panel factories has also increased slightly, and the average capacity utilization rate of global panel factories has risen to 7. become. Now due to the spread of the epidemic, the capacity utilization rate of mainland panel makers has dropped again. On the other hand, panel makers have seen that strict control of capacity utilization rate can effectively stop the price of panels from falling or even rise slightly, so they are still quite cautious about the regulation of production volume . Now the panel factory is "production to order", that is, to select orders with reasonable prices to produce, so as to avoid further loosening and falling panel prices. On the other hand, the downstream brand manufacturers were more cautious in purchasing goods because they were raised by panel manufacturers after placing urgent orders. Xie Qinyi said that brand manufacturers adopt a "Buy to price" strategy. In order to avoid the price increase of the order, they are willing to place an order only when they step on the price. Therefore, it is expected that panel prices may be in a "terrorist balance" in December, and even in January and February next year. "period", that is, the price cannot rise or fall. Xie Qinyi said that another variable in the market is LGD. LGD announced that it will terminate the production of LCD panels in South Korea. Even the 8.5-generation plant in Guangzhou will stop producing LCD TV panels and switch to producing IT panels. This is equivalent to the complete withdrawal of Korean panel manufacturers. In the LCD TV panel market, it is calculated that the output of TV panels will decrease by about 20 million pieces next year. If LGD withdraws from LCD TV panels early, brand manufacturers will have to stock up as soon as possible, but if LGD just talks and fights, the L-shaped trend of panel supply and demand may continue for a long time.

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