On May 26th, TCL Group (000100) said that since March, some LCD panel products have been tightly supplied, and prices have stabilized and rebounded. The operating margin of Huaxing Optoelectronics Co., Ltd., a subsidiary of the company, increased significantly in the first quarter.
According to the investor relations record disclosed by TCL Group, prices have risen due to the decrease in upstream supply of 32-inch products and the improvement of overseas economy and the increase in overseas demand driven by the World Cup. The price of 32-inch products has risen to $80-$81 in May. Huaxing Optoelectronics is mainly based on 32 products, accounting for over 60%.
At the same time, TCL Group quoted media reports that the Ministry of Industry and Information Technology reported that the domestic LCD TV panel self-sufficiency rate has exceeded 35%, but the demand gap is still large, and it needs to be purchased from Taiwan enterprises and Korean enterprises.
It is reported that the 8.5-generation line of LCD panels that have been put into production in China has two lines of BOE Beijing and Hefei, a line of Huaxing Optoelectronics Shenzhen, and a line of Suzhou Samsung, among which Samsung Suzhou and BOE Hefei are still climbing. LG Guangzhou 8.5 generation line is expected to be put into production in the second half of this year. The Huaxing Photoelectric Phase II project (t2 project) is expected to be put into operation in mid-2015.
According to the investor relations record disclosed by TCL Group, prices have risen due to the decrease in upstream supply of 32-inch products and the improvement of overseas economy and the increase in overseas demand driven by the World Cup. The price of 32-inch products has risen to $80-$81 in May. Huaxing Optoelectronics is mainly based on 32 products, accounting for over 60%.
At the same time, TCL Group quoted media reports that the Ministry of Industry and Information Technology reported that the domestic LCD TV panel self-sufficiency rate has exceeded 35%, but the demand gap is still large, and it needs to be purchased from Taiwan enterprises and Korean enterprises.
It is reported that the 8.5-generation line of LCD panels that have been put into production in China has two lines of BOE Beijing and Hefei, a line of Huaxing Optoelectronics Shenzhen, and a line of Suzhou Samsung, among which Samsung Suzhou and BOE Hefei are still climbing. LG Guangzhou 8.5 generation line is expected to be put into production in the second half of this year. The Huaxing Photoelectric Phase II project (t2 project) is expected to be put into operation in mid-2015.
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