Shortage of components and lack of water will affect the supply of panels all the way to the end of the year | Anue Juheng-Taiwan Stock News

Panel manufacturer Innolux (3481-TW) In the past three years, a substantive law discussion meeting was held today (3). Looking forward to this year, Chairman Hong Jinyang and General Manager Yang Zhuxiang are optimistic that the panel economy is improving, but the short-term shortage of components is limited, including polarizers and driver ICs. , Glass, etc., coupled with the water shortage in Taiwan, will continue to supply and demand in short supply of panels until the end of the year. The panel economy remains optimistic in the first half of this year and cautiously optimistic in the second half.

According to Yang Zhuxiang’s analysis, the panel will still be in short supply for the whole year of this year. The main reason is that although the current panel production capacity exceeds demand, the supply of key components cannot meet demand, including polarizers, driver ICs, glass, etc., so that the front-end investment of the panel cannot be left behind. Effective projection at the end, and Taiwan’s recent tight water conditions have also impacted panel operations.

In terms of demand, Yang Zhuxiang said that the epidemic has changed human life patterns and boosted the demand for ICT products. Driven by the demand for remote work, it is optimistic that the rigid demand for small-size panels will continue into this year, although the global demand for 5G, electric vehicles, and automotive chips In the short term, there are uncertainties in the supply of panel ICs, but Innolux will continue to provide a diversified product portfolio to meet customer needs, and is optimistic about operations in the first half of this year and cautiously optimistic about the second half of this year.

Yang Zhuxiang further pointed out that the education market has also remained strong. Last year, only 30% of global demand was met. It is expected that the remaining 70% of education demand will be deferred to this year. Innolux is very optimistic and actively deploys in the Japanese and Indian markets. After half a year, after adjusting the supply chain and equipment production capacity, the supply of Innolux notebook panels increased by 50%, and the supply has reached the second place in the world.

Driven by Innolux demand and rising panel prices, the third quarter of last year’s fourth quarter of last year’s triple rate rose three times, making two consecutive quarters of profit. The single-quarter after-tax net profit reached 10.143 billion yuan, and the net profit per share was 1.04 yuan, setting a new single-quarter high in the past 14 quarters. It also turned into a profit in 2009, with a net profit of RMB 1.636 billion and a net profit of RMB 0.17 per share.

Innolux has violated its own rules for three years. Hong Jinyang said that in the future, it will hold once every six months, twice a year, to establish effective communication channels with investors, shareholders, media, etc., and explain operations and future technologies. development of.