In 2016, China's LCD panel production capacity continued to increase, but the demand for the entire market was somewhat weak. In the first quarter of 2016, panel supply exceeded demand by 20%, which is the largest panel supply surplus since the beginning of 2012. After the second half of 2016, the supply and demand of LCD panels continued to tighten, and some organizations predicted that the supply level of the LCD panel market may be further tightened in 2017.
In 2017, China will become the world's largest LCD panel production base. This year, China is welcoming the investment boom of glass substrates. Japan's Asahi Glass (AGC) set up a factory in Huizhou from April to June this year. Electric Glass (NEG) set up a factory in Nanjing, Corning. (Corning) Four glass substrate projects in Chongqing have also started, with a total investment of more than 3.5 billion yuan. The situation of China's glass substrates relying on imports has been gradually broken.
This year, panel prices have been declining, as the market demand for notebooks and monitors has begun to stabilize, and production and inventory have been indigested. At the same time, panel manufacturers are introducing new production lines to produce new panels. For example, this year's AMOLED panels have sprung up and may become the mainstream technology for small and medium-sized panels in 2017.
OLED is recognized by the industry as a revolutionary display technology that is expected to dominate the future display. With the physical advantages unmatched by LCD technology, the structure is very simple, and the body can be extremely thin. Quantum dot technology is based on the LED backlight, adding a new luminescent medium, obtaining pure color monochromatic light, and obtaining the illuminating characteristics beyond the traditional LED backlight, effectively improving the color performance of the LCD.
They pose a growing threat to traditional LCD panels. Their advantages over LCD panels will allow their market share to expand in the new year. In 2017, the display technology will be diversified. Many manufacturers are planning the future development of the market in the Chinese panel industry, and advance the card position to compete for more market share.
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