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China Based Panel Maker Companies Overtakes Other Asian Rivals

China-based panel makers continue to overtake its rival Asian nations Korea, Taiwan and Japan in sales performance of display products in the current year.

Four Chinese panel makers namely BOE Technology, China Star Optoelectronics Technology, Tianma Microelectronics and Visionox, all posted growth in sales and profits.

Korea’s LG Display and Samsung Display, Taiwan’s AU Optronics and Innolux, Japan’s Japan Display Inc all posted net loss. TV panels were weighed down by the aggressive move of the Chinese panel companies and shipments.

Chinese government’s subsidy support for the panel industry of China, most panel makers operating outside China will have a hard time to have a profitable quarter. Other issue of panel makers is facing the oversupply of products.

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