Due to the ease of material shortage, and the rise in panel prices, panel factories' revenue rebounded in May. AUO combined with revenue of 32.118 billion yuan (NTD, the same below), returning to the NTD 30 billion mark, with a monthly increase of 8.5%, a significant increase of 47.8% compared with the same period last year, marking the single-month high in the past six years. As for Caijing's revenue in May, it increased slightly by 2.3%, reaching 2.815 billion yuan, with an annual growth of 123%.
The second quarter is affected by supply chain material shortage, and AUO has arranged annual repairs for each production line this season, with monthly revenue fluctuations. Due to the shortage of materials and the small number of working days during the Qingming Festival holiday, AUD's revenue declined in April, shipments and revenue rose significantly in May, with self-contained revenue of 32.118 billion yuan, an increase of 8.5% from the previous month and a significant increase of 47.8% from the same period last year. The cumulative consolidated revenue in the first five months of this year was about 144.659 billion yuan, a significant increase of 51.3% compared with the same period last year. The total panel shipment area in May reached 2.138 million square meters, an increase of 3.5% from April.
Caijing announced that its self-conjugated and revenue in May was approximately 2.815 billion yuan, an increase of about 2.3% from April and an annual growth of 123%. In May, the shipments of medium and small-size panels were 35.14 million pieces, a decrease of about 3.8% from April, and the shipments of large-size monitor panels and private brand products were 269,000 pieces, an increase of about 53.7% from April.
Due to the tight panel supply, most production line repairs arranged in the first season were forced to be postponed. AUO said that it would arrange production line repairs in the second season. It is reported that BOE and Qunchuang will also start annual repairs from June. Overall, panel output will have some impact on more or less in the second and third quarters.
In addition, the epidemic situation in Taiwan is severe, and the panel factory area has also expanded screening. Qunchuang completed the screening of foreign employees in Zhunan factory last weekend, and recently launched the Tainan factory area screening. It also paid 7,000 to 8,000 yuan a month for foreign colleagues, thanking the employees for their cooperation in epidemic prevention measures to rest in the dormitory and not go out. AUO announced that it would cooperate with the government's policy of encouraging enterprises to screen the screening and entrust professional medical personnel to enter the factory from the 8th, and foreign workers will undergo screening for new coronavirus pneumonia. AUO also donated a positive pressure quarantine booth, which was set up in Zhongke. The quarantine booth is equipped with a safe positive pressure design and is equipped with a constant temperature air conditioner, which allows medical staff to perform procurement and inspection work in a safe environment, and can assist Zhongke in increasing the energy of inspection by about 30%.
News source: Taiwan Business Times
Cover image source: Paixin.com
