Liquid crystal panel supply and demand tend to balance

"The second phase of construction will enable Huaxing Optoelectronics to achieve a competitive economic scale, which will allow domestic color TV manufacturers to work with us." Recently, at the official launch ceremony of China Star Optoelectronics Phase II project, TCL Group Chairman, CEO and Huaxing Optoelectronics Chairman Li Dongsheng expressed this. On the same day, Huaxing Optoelectronics' high-level flat panel display industry construction independent innovation achievement exhibition was held in Shenzhen. The Huaxing Optoelectronics Phase II project will be built in the original Guangming Plant Reserve Site with a total investment of 24.4 billion yuan and monthly production capacity of 100,000 pieces.

According to statistics, Huaxing Solar achieved a net profit of 1.42 billion yuan in the first three quarters of 2013, and a number of operating indicators were among the world's leading. In this regard, Li Dongsheng expressed to the media that this year's benefits are good and based on several factors. First, the entire project is solid. At the same time, last year the state promoted energy-saving subsidies and there was a wave of growth in the domestic LCD panel market, which just gave Huaxing Optoelectronics production capacity. freed.

As to whether the current LCD panel production capacity is excessive, Li Dongsheng believes that excess capacity is dynamic. In the past few years, the overall production capacity was somewhat surplus. However, since last year, the supply and demand of LCD panels have become more balanced. In the coming years, supply and demand will be balanced.