According to sources, most Taiwanese flat-panel manufacturers expect December sales to continue to decline after a decline in November due to weaker demand and falling panel prices.
According to sources, since November, the pace of falling panel prices has become more and more obvious, which also reflects the end of seasonal demand. In addition, the downturn in TV sales during the China Double 11 Shopping Festival may further weaken the demand for TV panels by TV manufacturers, thereby further accelerating the decline in panel prices in December.
According to data from Panorama Consulting (AVC), online TV sales totaled 2.6 million units during the 11-day period this year, with a total amount of 6.4 billion yuan, down 10% and 22% year-on-year respectively. In addition, offline sales fell 5% year-on-year and sales fell 8%.
In the first half of December, the price of 32-inch panels may drop from $45 to $43, and the price of 39.5-inch and 40-inch panels will fall from $75 to $71. Others include 43, 50, 55, and 65 inches. The average price of the panel also dropped by $3.
AU Optronics (AUO) also announced that its consolidated revenue in November reached NT$25.85 billion (US$8.346 billion), down 2.8% from the previous month and down 6.0% year-on-year. Year-to-date total revenue was NT$282.78 billion, down 10.2% from the same period last year.
Due to the decline in panel prices and seasonal factors, Innolux’s revenue in November was NT$23.8 billion, a decrease of 4.4% from the previous quarter and a decrease of 12.9% from the same period last year.
At the same time, Innolux's large-size panel shipments reached 1089, an increase of 3% quarter-on-quarter; small and medium-sized panel shipments were 17.46 million, down 11.7%. In the first 11 months of 2018, revenues reached NT$25.5 billion, down 15.3% year-on-year.
Due to the weak demand for small and medium-sized panels in the mobile phone industry, CPT and HannStar's sales in November suffered major setbacks. As small and medium-sized panel shipments decreased by 6.9% to 9.37 million units from the previous month, large-size panels fell 39.8% to 80,000 units. CPT's revenue in November was 1.356 billion Taiwan dollars, down 10.7% from the previous month and down 55.5% year-on-year.
Although small and medium-sized panel shipments increased slightly by 11.7% to 52.77 million units, shipments of large-size panels and private-label panels soared 140.9% to 109,000. Hanyu Caijing's revenue in November reached NT$1.116 billion, a decrease of 16.3 billion. %, down 43.9% year-on-year.