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Taiwan's display panel industry output value declined in the first half of 2016

The Optoelectronics Association said today that it will observe the development trend of Taiwan's LCD panel industry from 2015Q1 to 2016Q2. According to statistics, the output value of Taiwan's LCD panel factories in 2016Q2 was NT$164.135 billion, compared with the output value of Taiwan's LCD panel factories in 2016Q1 which was NT$144.109 billion, with a quarterly growth rate of 14%. Compared with the output value of Taiwan's LCD panel factories in the same period of 2015Q2, which was NT$205.141 billion, the annual decline rate was 20%.
Taking the first half of the year as a benchmark, observe the development trend of Taiwan's LCD panel industry after 2016. Statistics of Taiwan's LCD panel industry revenue from the first half of 2014 to the first half of 2016. The output value of Taiwan's LCD panel industry in the first half of 2016 was 308.244 billion yuan. Compared with the output value in the second half of 2015, which was 380.504 billion yuan, the half-year decline rate was 19%. Compared with the output value of 422.274 billion yuan in the first half of 2015, the annual decline rate was 27%.
The Optoelectronics Association said that although the Q4 production lines of Taiwanese panel manufacturers were fully occupied in the second half of 2016 due to the suspension of production by Korean manufacturers, as the large, medium and small-sized LCD panel production lines of various mainland panel manufacturers (BOE, China Star Optoelectronics, CEC Panda, Tianma Micro, Longteng Optoelectronics, etc.) are fully operational year by year, the global market share will increase significantly, and mainland China will eventually become the world's leader in LCD panels.

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