Although the chairman of the panel maker Chi Mei Electronics has been dystocia so far, and has entered the bank debt negotiation process, the market doubts have been added. However, in terms of performance, the demand for new-size TV panels (39-inch and 50-inch, etc.) and low-cost LED-backlit TV panels, which are leading by Chi Mei Electric, is quite promising, and the 39-inch panel offers even a chance to increase in the near future. It is expected that this will help Chi Mei's operation improvement in 2012, and it is estimated that the 2012 full-year revenue is expected to reach more than 570 billion yuan. The loss per share is expected to be reduced from 8 yuan in 2011 to about 2 yuan in 2012.
Benefiting from the introduction of new-sized TV panels (especially 39-inch models) and low-cost LED-backlit TV panels, which are favored in the mainland market, Chi Mei’s revenue in the fourth quarter of 2011 reached NT$130 billion and increased quarter-on-quarter. About 5%, better than expected, and better than the same industry AUO's fourth quarter 2011 revenue.
As the new-size TV panel has an advantage in the price of the terminal product, it has been planned and introduced by many brand manufacturers. The 39-inch TV panel is expected to have the opportunity to increase the price in the first quarter of 2012. In addition, new size TV panels are also more effective in glass cutting.
For example, a 39-inch panel is produced with a 6-generation line, and a 50-inch panel is produced with a 7.5-generation line. The utilization rate of the glass substrate is 95%-99%, which contributes to cost improvement. It is generally expected that with the growth of new-size TV panel shipments, it will bring positive help to the performance of CMO.
On the other hand, CMO launched a low-cost (thick-type direct-lit) LED-backlit TV panel in the second half of 2011. Therefore, it is also ahead of the competition (such as AUO) in the development and shipment of related products. . If the shipment of LED-backlit TV panels grows, it is expected to help Chi Mei's financial situation improve.
Shenzhen Ruidian Technology CO., Ltd , https://www.wisonen.com