Recently, Chunghwa Picture Tubes, AUO, and Quchu Chuangxian successively issued their revenue announcements in May. Similar to the revenue in April, the revenue of the three panel makers continued to decline year-on-year in May. It is understood that AU Optronics has not been audited in May. Its comprehensive revenue reached NT$25.74 billion, which was a 5.2% increase from the previous quarter and a decrease of 8.3% year-on-year. Innolux's revenue for May was NT$22 billion, which was a year-on-year increase of 11.7% but was down 21.7% year-on-year. Chunghwa Picture Tubes The consolidated revenue was NT$2.308 billion, up by 4.9% from the previous quarter, but it was down 3.9% year-on-year.
In general, the first quarter was the off-season of the panel market, and the revenue of panel makers was not good. However, due to the spring release of display terminal manufacturers in the second quarter, panel demand picked up. Chunghwa Picture Tubes, AUO and Chung In May, revenue was up from the previous quarter. However, LCD panel prices declined in the second quarter. In particular, the prices of large-size LCD panels continued to decline, and some of them reached the cost price, although Innolux and AUO shipped large-size panel shipments in May. Both experienced year-on-year growth, but did not result in significant revenue growth. Unlike large-size panel markets, Chunghwa Picture Tubes and AU Optronics saw a drop in the size of mid- and small-size panel shipments in May. Can not afford to change the market, the mobile phone market growth slows down. Mobile phone manufacturers are more inclined to those who can bring a selling point of the display screen, such as full screen, under the screen fingerprint recognition, incision screen, etc. China Taiwan panel factory is accelerating the size of small and medium-sized panels Comprehensive screen upgrades to increase the production capacity of 18:9 LCD panels. According to sources, unit shipments of all panel sizes declined in May, as average sales of small-sized mobile phone panels With stable price and high price of 18:9 full screen shipments, Chunghwa Picture Tube's overall revenue will increase. According to Wits View data, in early June, although the TV LCD panel price has slowed down, it is still declining. In the downturn of the market, panel makers hope to provide promotional space for downstream display terminal manufacturers through low prices, stimulating growth in market demand, but it does not seem to be smooth, which will bring greater pressure on panel makers' profitability.
