Korean media worry that large-size LCD loses advantage: Chinese companies develop faster than expected
'South Korea's last bastion-the large LCD industry is also at risk, being chased by China.' Korea’s “Chosun Ilbo”’s financial website “North Korea BIZ” reported on the 7th that large liquid crystal displays (LCDs) have always been regarded as the last bastion for Korean companies to maintain their advantages in the LCD field, but Chinese companies are in this field. The speed of development has exceeded expectations.
According to the report, according to market research agency IHS Markit, Korean companies accounted for 45.1% of the market for large TV panels over 60 inches from January to March this year. , Chinese companies accounted for 33.9%. Compared with the data of the same period last year, we can see how fast China is catching up: South Korean companies accounted for 54.8% last year, while Chinese companies only 3.6%.
IHS Markit analyzed that BOE officially launched the world’s largest production line of 10.5 generation LCD panels (panel size 3370×2940㎜) in March last year, and produced 120,000 panels, making BOE a leap Occupies 29% of the large LCD market, becoming the industry's first. In addition, China's Shenzhen Huaxing Optoelectronics Co., Ltd.'s 10.5-generation panel production line has also been officially put into operation in the first quarter of this year, and LCD companies such as CLP Panda and Rainbow Optoelectronics have also fully launched the 8.6-generation panel production line, bringing a large number of large-scale LCD products made in China to the market. .
Korea DB Investment Securities researcher Quan Seung-yul said that taking 65-inch TV panels as an example, the 10.5-generation production line can produce 6 panels at a time, but the 8-generation production line currently operated by Korean companies can only produce 6 panels at a time. Created 3 panels, the former obviously has a competitive advantage. A South Korean expert said that Chinese and South Korean LCD manufacturers are currently focusing on large-scale LCD production. In the future, fierce competition will inevitably lead to a downward trend in product prices. At that time, Korean companies will be unable to stop the 'price + quantity' from Chinese companies. offensive.
In addition to the large LCD market, Korean media 'Edaily News Network' is also worried about LCD for Samsung. According to the media, South Korea is also being closely followed by Chinese companies in the OLED field. According to a South Korean market research organization, Samsung accounted for 86% and 88.8% of the global flexible OLED and flat OLED market share in the first quarter of this year, but compared with the market share of the same period last year (97% and 97.2%), respectively. A decline of 11 and 8.4 percentage points. During the same period, BOE’s share in the flexible OLED market soared from 0.1% to 9.4%, becoming the second in the industry; China Guoxian Optoelectronics (GVO)’s share in the flat OLED market increased from 1.8% to 7.5%, ranking first The second in the industry, both left behind the old second in the industry, LG.
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