Huaxing Optoelectronics applied for a new increase in panel tariff protection for domestic enterprises

According to the newly released data of the China Video Association, from January to May this year, the sales volume of color TVs was 14.7 million units, down 12.9% year-on-year; the sales volume was 51.64 billion yuan, down 19.9% ​​year-on-year.

In the context of the decline in the volume and price of color TV industry, TCL multimedia business is remarkable. TCL sold 6.477 million LCD TVs in the first half of the year, a year-on-year increase of 60%. TCL said that the grasp of domestic market opportunities and the improvement of sales capabilities in overseas markets is the key to TCL Multimedia's winning market.

In the first half of this year, TCL Multimedia achieved a total sales revenue of 13.322 billion yuan; net profit of 356 million yuan, a year-on-year increase of 224.21%. In the background of the low gross profit margin of the color TV industry, TCL multimedia gross margin increased from 16.1% in the same period last year. 17.5%.

However, TCL Communication and Huaxing Optoelectronics have dragged down the overall performance of TCL Group. The overall product yield of Huaxing Optoelectronics, which is 55% of TCL's shareholding, reached 92.8% in June, but the operating loss still reached 428 million yuan.

TCL believes that, on the one hand, Huaxing Optoelectronics' production capacity and yield rate are still in the climbing stage; on the other hand, the global panel industry is still in a cyclical low, the industry continues to lose money, Huaxing Optoelectronics can not be spared. In the first half of the year, Huaxing Optoelectronics' 80% panel was digested by TCL itself. However, since July, Huaxing Optoelectronics has received several external orders, including major domestic TV manufacturers, and its market share has gradually increased. TCL's expectation is future internal and external orders. At the end of this year, by the end of this year, the median level of the entire panel industry can be reached, which is equivalent to the level of Taiwanese panel giants Chi Mei and AUO.

Li Dongsheng, president of TCL Group, believes that the current tariff of LCD panels will be raised from 3% to 5%, which will help Huaxing Optoelectronics to improve its performance. It also reveals that the current 5% panel tariff is still low. The company has applied for a higher tariff on panel to protect it. Domestic panel companies.

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