As we all know, in 2021, mainland China's panel industry has surpassed South Korea, taking about 41.5% of the global share, becoming the world's number one.
In South Korea, in 2004, took the world's number one panel position from Japanese manufacturers and held it for 17 years until it was defeated by China in 2021.
As the markets in Japan, South Korea, and mainland China continue to change, Taiwan, China is also causing trouble, making the entire panel war extremely fierce, but the panel factories in Taiwan, China, actually finally got a share of the pie.
is only the final result, and it is also quite absurd, that is, the LCD panel was born in the United States and industrialized in Japan. In the end, China, Taiwan, Japan, and South Korea fought back and forth. Everyone spent a lot of money, totaling at least hundreds of billions. In the end, no one beat the other to death, and everyone is still alive.
Why is this happening? The reason is that panels are a cyclical industry, and there are always cyclical fluctuations such as price increases, price decreases, and price increases. At the bottom of the price, most companies are losing money and everyone is struggling. But when the price reaches the top, everyone is eating meat and drinking soup. If
panel companies want to make money, they basically start a price war at the bottom, expand the production capacity of and , and then outlast their opponents to gain more share, and then use more share to make more money when the price is at the top.
But at the same time, the panel industry is an industry with rapid technology iteration, from CRT to LCD, and in between are rear projection, plasma and other technologies, and then there are OLED, MiniLED, MicroLED, etc.
everyone's costs are very high, so if you want to make money, you can only make a desperate large-scale investment in the early stage, and then in the later stage can make money by expanding its share to dilute production costs.
Panels are one of the foundations of the technology industry. After all, mobile phones, TVs, computers, cars, etc. all need screens. Based on this need, governments around the world will make great efforts to support the panel industry to avoid importing large quantities at high prices and being choked by others.
Therefore, the panel war has always been extremely fierce. From an industry perspective, there is basically no winner, because basically no one of the companies participating in the panel war has made any money.
Whether it is Samsung , or LG, or BOE , TCL Huaxing , Sony , Sharp , etc., everyone makes no money after calculating the input and output.
However, based on the panel industry, a number of excellent upstream and downstream companies have been cultivated, such as mobile phone, TV, computer, monitor and other companies. This is the foundation of the panel war.
In China, the rise of companies such as BOE has led to the rise of smartphones, TVs, monitors, computers and other industries, and has even become the number one in the world. This is the significance of the panel war.
