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China TFT screen industry scale over 100 billion in the first eight months of 2014

11/6/2014 7:16:10 PM Comments Hits Category:Industry News

According to the Ministry of industry and information, deputy director of Department of electronic information DiaoShi’s introduction, in 2013, Chinese TFT screen industry scale reached 107 billion RMB, up 44.6% year over year. The LCD screen production reached 20.88 million square meters, up 27% year over year. In December 2013 the global market share increased to 11.2%. The industrial scale went over one hundred billion RMB from January to August this year and four industry clusters of the Yangtze River Delta, Pearl River Delta, Chengdu-Chongqing and Hubei region came into being. In the first half of the year, BOE, HUAXING, TIANMA, several key TFT LCD panel companies have achieved full production over sales, total revenue of nearly 36 billion RMB, more than 15% gross margin, a profit of 20 billion RMB. Localization supporting capacity has gradually formed and the panel self-made ability has made the breakthrough. From January to August of 2014, the local LCD TV panels self-made rate increased to 48 percent and it‘s expected to exceed 50% by 2015.

CAS member Ouyang Chung Chan also introduced that in 2014 China's flat panel display market share would increase to 18.6% and it was the only region in the world to keep growing. By 2015, China's TFT-LCD panel production will reach the second position in the world. What’s more, the production of 8.5-generation line which is most suitable to produce TV screen would lead the world. Based on the improvement of domestic flat-panel display strength, in 2014 Chinese manufacturers in the global smart phone market share will reach 32%. ---“Chinese flat panel display industry’s development has beautiful scenery."