Although almost all high-end panel production lines in the country are in a state of deficit, many companies and local governments are still involved.
In recent years, BOE, a Chinese panel company, has fallen into a “loss-financing-loss†situation. Despite this, BOE has repeatedly been able to obtain support from state-funded background companies.
Zhao Wei, deputy director of the Beijing Economic and Technological Development Zone Administrative Committee, told reporters: “BOE is indeed having difficulties, but the development space behind the flat-panel display industry is huge. BOE has mastered the advanced technology of South Korea through mergers and acquisitions, so it is in the technical process. There is no problem. The future Beijing Digital Industrial Park will develop with BOE as the main body."
Zhou Zixue, chief economist of the Ministry of Industry and Information Technology, told reporters that if panel companies want to achieve profitability, they must have 3 to 5 production lines for protection. “The main business entities must be centralized, and at least 3 economies can achieve economies of scale. From a global point of view, large-scale production is possible. There are only 10 companies in the panel, and the remaining 5 are not making money. Whoever develops early will have more advantages. The future industrial pattern will surely be divided and concentrated on a few big giants."
The sales data of China TV in 2010 also made all flat-panel display companies optimistic.
Data from Ovid Consulting shows that in 2010 China's color TV market is expected to reach 39.98 million units, an increase of 16% year-on-year; among them, the retail sales of LCD TVs will be 33.47 million units, and the retail volume of plasma will be 2.11 million, an increase of 42% year-on-year. And 24%.
At the same time, Aowei Consulting expects that China's color TV retail sales will reach 43.65 million units in 2011, with sales of 181.3 billion yuan, an increase of 9% and 20% respectively year-on-year.
Yang Dongwen, executive director and president of Skyworth Group, said in an interview with the reporter of “Daily Economic News†that “if we calculate at a compound annual growth rate of 10% per year, by 2015, the color TV sales in the Chinese market will reach 70 million units. The color TV industry is still a sunrise industry."
In recent years, BOE, a Chinese panel company, has fallen into a “loss-financing-loss†situation. Despite this, BOE has repeatedly been able to obtain support from state-funded background companies.
Zhao Wei, deputy director of the Beijing Economic and Technological Development Zone Administrative Committee, told reporters: “BOE is indeed having difficulties, but the development space behind the flat-panel display industry is huge. BOE has mastered the advanced technology of South Korea through mergers and acquisitions, so it is in the technical process. There is no problem. The future Beijing Digital Industrial Park will develop with BOE as the main body."
Zhou Zixue, chief economist of the Ministry of Industry and Information Technology, told reporters that if panel companies want to achieve profitability, they must have 3 to 5 production lines for protection. “The main business entities must be centralized, and at least 3 economies can achieve economies of scale. From a global point of view, large-scale production is possible. There are only 10 companies in the panel, and the remaining 5 are not making money. Whoever develops early will have more advantages. The future industrial pattern will surely be divided and concentrated on a few big giants."
The sales data of China TV in 2010 also made all flat-panel display companies optimistic.
Data from Ovid Consulting shows that in 2010 China's color TV market is expected to reach 39.98 million units, an increase of 16% year-on-year; among them, the retail sales of LCD TVs will be 33.47 million units, and the retail volume of plasma will be 2.11 million, an increase of 42% year-on-year. And 24%.
At the same time, Aowei Consulting expects that China's color TV retail sales will reach 43.65 million units in 2011, with sales of 181.3 billion yuan, an increase of 9% and 20% respectively year-on-year.
Yang Dongwen, executive director and president of Skyworth Group, said in an interview with the reporter of “Daily Economic News†that “if we calculate at a compound annual growth rate of 10% per year, by 2015, the color TV sales in the Chinese market will reach 70 million units. The color TV industry is still a sunrise industry."