TCL Group clarifies the report on the production reduction of 8.5-generation LCD panels: TCL Huaxing continues to sell at full production in large sizes
In response to the media report that 'TCL China Star’s 8.5-generation LCD panel production has decreased by 10%TCL Huaxing's large size continues to be sold at full production, and the area shipped from January to November increased by 16% year-on-year. The t6 production line was delivered as planned, and the t7 production line construction project progressed smoothly. Mass production is expected in 2021.
TCL Group stated that TCL China Star Optoelectronics Technology Co., Ltd. (hereinafter referred to as 'TCL China Star') is the company's semiconductor display and material business operation management, as well as the business entity of the upstream and downstream industry chain layout and coordination. Since its establishment in 2009, TCL China Star has achieved good profitability at all stages of the industry cycle, leading the industry in terms of efficiency and benefit indicators. TCL Huaxing’s large and small size shipments are in a period of rapid growth, benefiting from the release of high-generation line production capacity and leading line technology, the continuous optimization of product structure and the accelerated expansion of multi-scenario applications have strengthened TCL Huaxing’s comprehensive competitive advantage.
Large sizes continue to be sold at full production. From January to November, the shipment area increased by 16% year-on-year, and the proportion of high value-added products such as commercial displays and e-sports increased significantly; the two G8.5 production lines (t1, t2) continued to improve the level of technology, new products and new applications The introduction went smoothly; the t6 production line was delivered as planned, and the t7 production line construction project progressed smoothly. Mass production is expected in 2021.
Small and medium size is positioned in the high-end market, and sales continue to increase. G6's LTPS-LCD production line (t3) has reached a 50K board, which exceeds the design capacity by 11.1%, and maintains full sales and full production. The Q3 market share of LTPS-LCD products has been ranked second in the world; through active promotion of customers and products The structure has been upgraded. Since Q4, the proportion of branded customers’ shipments and the proportion of mid-to-high-end products have reached new heights. G6 flexible AMOLED production line (t4), after more than half a year of product development and trial production, AMOLED products are mass-produced and shipped this month.
TCL Group also said that since the beginning of this year, due to the oversupply of the global semiconductor display industry, the average price of large-size panels has continued to fall. With the expansion of industry losses, the restructuring of the industry and the acceleration of product technology iterations, although there will be new capacity releases in the next two years, some companies or capacity exits at the same time, the oversupply will gradually ease, and the current large-size product prices have stabilized trend. (Love Jiwei)
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