Net profit of leading enterprises doubled last year panel industry to meet the upsurge of new production line

2022-04-25 0 By

Recently, panel leader TCL Technology, Boe respectively released the 2021 annual performance express, the two enterprises last year attributable to the shareholders of the listed company’s net profit increased 129.3%, 412.86%, to achieve more than 10 billion and 20 billion.Panel leading enterprises net profit doubled last year, the entire industry revenue scale is also expected to create a new historical high.Specifically, LAST year, TCL Technology’s total operating revenue was 163.528 billion yuan, up 112.8% year on year, and its net profit was 10.062 billion yuan, up 129.3% year on year.Boe’s total revenue last year was 219.442 billion yuan, up 61.89% year on year;Net profit returned to mothers reached 25.826 billion yuan, up 412.86% year on year.TCL Technology disclosed in the bulletin that TCL Huoxing’s panel business net profit increased by about 340% year-on-year, benefiting from increased production capacity, high-end large-size panels, breakthroughs in medium-size panels, and differentiation of small-size panels.The former Suzhou Samsung LCD panel factory and Maojia Technology were included in the company’s consolidated statement in the second quarter of 2021, which improved TCL’s revenue scale and profitability last year through integration and coordination with existing production lines, businesses and products.In 2021, the LCD panel industry continued its longest business cycle ever in the first half of the year, boe said.Since the third quarter of last year, BOE has actively adjusted its LCD panel product portfolio. Meanwhile, in terms of flexible OLED, the shipment volume has increased rapidly. In December 2021, the monthly shipment volume exceeded 10 million for the first time.Boe also put forward the “Screen of Things” strategy last year. The transformation of the Internet of Things continues to deepen, and the “1+4+N” business develops rapidly.Data show that in terms of panel categories, global shipments of smartphone panels in 2021 increased by about 2.6% year-on-year, while OLED smartphone panels increased by 31.1% year-on-year.The global TV panel increased by about 25.4% year on year, but the pen PC market with the application direction of home office and game entertainment increased by about 50.9% year on year, especially the middle and high-end market with strong demand.Groupwise Research report also shows that in terms of panel shipment performance, the shipment performance of TV, monitor, notebook computer, mobile phone and other four mainstream applications in 2021 is characterized by “weak at both ends and strong in the middle”.Traditional panel is difficult to make money, high value-added product business will become the common choice of panel bibcock.The reporter noted that the beginning of 2022 ushered in a wave of high-end panel production expansion:Guangzhou Huaxing construction 8.6 generation oxide semiconductor project, LG Display guangzhou new 8.5 generation OLED production line and Tianma Xiamen sixth generation flexible AMOLED production line officially lit, will cover large, medium and small sizes, pointed OLED, 4K/8K, high-level IT panel and other high-end applications, display industry usher in the year of structural upgrading.Review: Tan Lugang