Jiwei.com News (text/Xiaoshan), panel prices continue to decline, and since mid-2017, the price has fallen by more than 50%. In addition, the market oversupply pressure has not diminished, reducing production capacity has also made panel manufacturers' revenue "not very good-looking". According to the Economic Daily, Qunchuang Optoelectronics announced its September revenue today, a decrease of 11% from the same period last year, and its third-quarter revenue decreased by 14.4% from the same period last year.
Qunchuang Optoelectronics' self-determining consolidated revenue in September NT$21.7 billion (approximately RMB 5.028 billion), an increase of 3.1% from August, but a decrease of 11% from the same period last year. At the same time, the combined shipments of large-size panels in September were 10.2 million pieces, a decrease of 1.4% from August; the combined shipments of small and medium-sized panels in September were 21.2 million pieces, an increase of 2.4% from August.
Quanchuang Optoelectronics pointed out that the self-conjugated and revenue in the third quarter was NT$63.3 billion (approximately RMB 14.669 billion), a decrease of 14.4% from the same period last year and an increase of 0.2% from the second quarter. The combined shipment of large-size panels totaled 30.63 million pieces, a decrease of 0.9% from the second quarter of shipment of 30.92 million pieces; the combined shipment of small and medium-sized panels was 63.9 million pieces, an increase of 6.8% from the second quarter of shipment of 59.85 million pieces. (Proofreading/holly)
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