Peng Shuanglang pointed out that as a peer of BOE, he said that although Taiwanese companies are diligent in diversification, they have not managed well by mainland companies.
According to the financial data, AUO achieved revenue of NT$74,440 million in the first quarter, which fell by 7.7% from the previous quarter and net profit declined to NT$4,31 million.
In BOE, sales revenue fell by only 1.32% to 21.567 billion yuan, net profit reached 966 million yuan, or approximately NT$4.57 billion.
At the same time, BOE’s gross profit margin and net profit margin were 20.8% and 9%, respectively, while AUO was 10.9% and 5.4%, respectively.
Peng Shuanglang emphasized that the decrease in industry revenue was mainly due to the fact that TV panel prices had fallen all the way since mid-2017. In the downturn period of the industry, the quality of operations is more reflective of corporate wisdom.
Of course, because of falling prices, he also said that the average size of television will increase by 1 to 2 inches in 2018.