Panel import tariff adjustment is difficult to introduce in the short term
Global LCD TV shipments decline in the first year of the current domestic panel import tariff adjustment is difficult to introduce short-term Despite not yet feel warmth, flat panel industry out of the woods has become clearer. NPD DisplaySearch yesterday released the latest quarter large-size LCD panel shipment survey pointed out that 2011 is the first year of global LCD TV shipments showing a decline in the year. Despite this, NPD DisplaySearch estimates that the total shipment area of ​​LCD TVs in 2012 will still grow by 3% from 2011.
Zhang Yu, vice president of BOE, told Nandu reporter that he expects to remain stable in the first half of the year and pick up the industry in the second half of the year.
Recoverable in 2012
According to the latest survey from NPD DisplaySearch, overall shipments of large-size (nine inch or larger) TFT LCD panels reached 728 million units in 2011, which is only 6% higher than in 2010; however, total revenue declined 12% to US$75.5 billion.
LCD TVs, LCD monitors and netbooks have all experienced declines in shipments since 2010, mainly due to inventory adjustments in the supply chain.
Data shows that the strong shipment trend of tablet PCs, especially the Apple iPad, has enabled tablet PC panels to ship nearly 60 million units in 2011, a 21% increase over 2010.
Xie Qinyi, president of NPDDisplaySearch in Greater China, pointed out: “2012 can be considered as a recovery period for TFT LCD industry. We also observed that the market recovery and technological evolution occur at the same time. High-resolution, ultra-thin panel, narrow and thin frames, and LED backlight applications, It will be the main driving force for the growth of LCD panels in 2012."
As the top six of the industry, BOE has gradually felt the changes in the market environment. Zhang Yu said that there has been a slight increase in market demand in the near future. This is mainly due to the influence of the inventory of the entire machine company and the limited production of the panel plant. However, it stressed that panel prices have not recovered.
Panel tariff adjustment has no timetable
Due to the long-term downturn in the industry, the capacity expansion of major panel makers in the world in 2012 and 2013 has been significantly delayed. NPDDisplaySearch predicts that, especially in 2013, the panel supply and demand balance will be tighter, and the surplus will be lower than the first time since the second quarter of 2010 to below 10%. The flat panel industry will start a new cycle, panel prices will gradually increase, profits will increase, and investment will increase.
Zhang Yu said that there are many uncertainties this year and it is expected that the industry situation can actually recover in the second half of this year. “North America has already shown a warming trend. Europe also has uncertainties, but the London Olympics and the debt crisis have eased and are expected to provide good support. Coupled with the domestic market, it is expected that the situation will improve in the third quarter.â€
As for the domestic market, Zhang Bing, research director of DisplaySearch China, analyzed that the status of China's panel market in 2012 also depends on the following two aspects. First, when will China's new subsidy plan be issued? Second, whether real estate and tariff policies have been adjusted .
From 2011 onwards, the rumors of mainland China's panel import tariff increase will continue to be heard. The import tariffs on panels with 32 inches and above will increase from 3% to 5%.
Zhang Yu said that last year the electronic video industry associations and other domestic panel makers and machine manufacturers to adjust several rounds of adjustment of import tariffs on LCD panels, but it has not heard of recent results.
A flat-panel industry official put forward a less optimistic view. “I consulted relevant departments, according to the process, tariff adjustment needs of the NDRC and the Ministry of Industry and the Ministry of Finance to the Ministry of Finance, the current situation is that the Ministry of Industry only conducted discussions and did not form a conclusion Reported to the National Development and Reform Commission. Panel tariff adjustment is inevitable, but the time is not yet set, and there is little hope that tariffs will be adjusted and landed in the short term."
Zhang Yu, vice president of BOE, told Nandu reporter that he expects to remain stable in the first half of the year and pick up the industry in the second half of the year.
Recoverable in 2012
According to the latest survey from NPD DisplaySearch, overall shipments of large-size (nine inch or larger) TFT LCD panels reached 728 million units in 2011, which is only 6% higher than in 2010; however, total revenue declined 12% to US$75.5 billion.
LCD TVs, LCD monitors and netbooks have all experienced declines in shipments since 2010, mainly due to inventory adjustments in the supply chain.
Data shows that the strong shipment trend of tablet PCs, especially the Apple iPad, has enabled tablet PC panels to ship nearly 60 million units in 2011, a 21% increase over 2010.
Xie Qinyi, president of NPDDisplaySearch in Greater China, pointed out: “2012 can be considered as a recovery period for TFT LCD industry. We also observed that the market recovery and technological evolution occur at the same time. High-resolution, ultra-thin panel, narrow and thin frames, and LED backlight applications, It will be the main driving force for the growth of LCD panels in 2012."
As the top six of the industry, BOE has gradually felt the changes in the market environment. Zhang Yu said that there has been a slight increase in market demand in the near future. This is mainly due to the influence of the inventory of the entire machine company and the limited production of the panel plant. However, it stressed that panel prices have not recovered.
Panel tariff adjustment has no timetable
Due to the long-term downturn in the industry, the capacity expansion of major panel makers in the world in 2012 and 2013 has been significantly delayed. NPDDisplaySearch predicts that, especially in 2013, the panel supply and demand balance will be tighter, and the surplus will be lower than the first time since the second quarter of 2010 to below 10%. The flat panel industry will start a new cycle, panel prices will gradually increase, profits will increase, and investment will increase.
Zhang Yu said that there are many uncertainties this year and it is expected that the industry situation can actually recover in the second half of this year. “North America has already shown a warming trend. Europe also has uncertainties, but the London Olympics and the debt crisis have eased and are expected to provide good support. Coupled with the domestic market, it is expected that the situation will improve in the third quarter.â€
As for the domestic market, Zhang Bing, research director of DisplaySearch China, analyzed that the status of China's panel market in 2012 also depends on the following two aspects. First, when will China's new subsidy plan be issued? Second, whether real estate and tariff policies have been adjusted .
From 2011 onwards, the rumors of mainland China's panel import tariff increase will continue to be heard. The import tariffs on panels with 32 inches and above will increase from 3% to 5%.
Zhang Yu said that last year the electronic video industry associations and other domestic panel makers and machine manufacturers to adjust several rounds of adjustment of import tariffs on LCD panels, but it has not heard of recent results.
A flat-panel industry official put forward a less optimistic view. “I consulted relevant departments, according to the process, tariff adjustment needs of the NDRC and the Ministry of Industry and the Ministry of Finance to the Ministry of Finance, the current situation is that the Ministry of Industry only conducted discussions and did not form a conclusion Reported to the National Development and Reform Commission. Panel tariff adjustment is inevitable, but the time is not yet set, and there is little hope that tariffs will be adjusted and landed in the short term."
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