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In 2018, the panel economy in Taiwan is likely to slow down, and operators must actively develop high-level technologies
Time:2023-09-08 08:34:06

Beijing time on November 1st news, China touch screen network news, Taiwan panel output growth is slowing down waiting for new technology to add momentum. As the panel boom continued to rise in 2017, coupled with a low base period in 2016, the output value of large and small panels in Taiwan has grown significantly, especially for small panels with smart phones as the main application, with a growth rate of more than 20%. IEKCQM estimates that the output value of the panel industry in 2017 was NT $898 billion, an increase of 10.6% from 2016. However, in 2018, Taiwan's panel economy is likely to slow down, and operators must actively develop advanced technologies to accumulate momentum for the next wave of growth.


 Therefore, the Taiwan panel industry will slow down from its peak in 2018.


 In 2018, the annual growth rate of Taiwan's panel industry output value will be about -1.7%~1.0%, mainly benefiting from the economic stability of Europe and the United States, and the warming of the terminal consumer market, which is conducive to the continuation of the growth trend of the panel industry.


In addition, the recovery of demand in China and the start of the stocking tide of the eleventh holiday are expected to continue to increase export orders; Coupled with the development of niche products or advanced technologies such as public displays, automotive panels, and e-sports panels, the adjustment of product structure will be positive for profit.


It is worth noting that in 2017, China's new panel production capacity has been opened, such as BOE 10.5 generation line is about to begin to expand. After 2018, the overall oversupply pressure will gradually amplify;  Lin believes that based on past experience, it will take about two more seasons for the Chinese production line to affect Taiwanese products, so the impact may not be seen until 2019.