It is reported that due to seasonality and financial crisis, the impact of factors such as CPT (CPT) has been greatly reduced. In the first quarter of 2019, the number of small and medium-sized LCD panels shipped by Taiwanese manufacturers in China was 184 million. The chain fell by nearly 23.6%.
Due to the financial crisis, the CPT with production disruption decreased by 68.7% in the first quarter. At the same time, Hanyu Caijing reduced the number of products for functional models due to accidental orders from smartphones. Shipments, so shipments also fell by nearly 25.5%; and due to strong industry demand for automotive and tablet panels, Innolux's shipments fell the smallest in the first quarter, only 2.5%.
Analysts believe that due to the rebound in seasonal demand and the gradual recovery of CPT panel production, the shipments of small and medium-sized panels by Taiwanese manufacturers in the second quarter are expected to achieve a 6.7% quarter-on-quarter increase.
However, due to the inability of CPT to resume the production of functional mobile phone panels, HannStar will plan to increase the shipment of automotive and smart phone panels and reduce the shipment of functional model panels. Therefore, shipments of small and medium-sized panels in Taiwan will decline year-on-year in 2019. 37.3%.
Midsize panel shipments for consumer electronics applications fell 49.1% in the first quarter due to seasonal inventory adjustments and are expected to rebound 29.5% in the second quarter.
In addition, due to the gradual recovery of production capacity, CPT shipments are expected to increase by 75.2% in the second quarter. However, Hanyu Color Crystal may become the only panel shipment due to the continuous expansion of shipment of smart phone panels and medium-sized panels. Taiwan panel makers continue to decline.