LCD panel import tariffs finalized: MFN tax rate is 5%

More than half of the panel tariffs raised after the brewing of the matter finally settled down.

Yesterday, the Ministry of Finance issued a notice, and approved by the State Council, will adjust the provisional tariff rates on imports of liquid crystal display panels, camera eyepieces and other four commodities, and implement them from April 1 this year.

According to the notice, 32-inch and above liquid crystal display panels without backlight modules will cancel the provisional tax rate, and the MFN tax rate in 2012 will be 5%. Prior to this, mainland China imported panel tariffs with a border of 32 inches, tariff rates below 5% were 5%, and taxes of 32 inches and above were 3%.

People in the industry pointed out that the adjustment of panel import tariffs is beneficial to the growth of domestic high-end panel projects such as BOE and TCL.

Zhang Yu, vice president of BOE believes that the previous 3% of the import tariff is too low, in the case of the original domestic LCD panel line, this tariff is to reduce the cost of the entire machine, but with BOE, Huaxing photoelectric production, need protection With the birth of the domestic high generation line, orders for panel makers such as BOE, TCL and Changhong are expected to increase.

The South Korean companies Samsung and LGD, which are most affected by tariff adjustment, have moved to set up factories in China in order to seize the Chinese market and evade the impact of higher panel import tariffs. Not long ago, the LG Display (LGD) Guangzhou 8.5-generation LCD panel project was delayed for more than a year, while the Samsung Suzhou 7.5-generation line rose to the 8.5-generation line waiting for Chinese government approval. Li Qiuwei, deputy general manager of the AVC Industry Chain Center, expects that the increase in tariffs will accelerate the speed of the production of both factory panels in China.

The long-term dependence on the import panel of the entire machine company pressure is not small.

Gu Zhihua, Director of the Flat Panel Display Center at Fudan University, said that at present, about 70% of panel purchases for TVs in China are all from panel makers such as Korea and Taiwan, and TV makers’ profit margins are not that high. The pressure can be imagined. (Responsible for: Gong Fenmei)

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