Huaxing photoelectric 16 billion yuan 6 generation line starts

In the past two years the domestic panel market ushered in the spring, panel enterprises have spent huge sums to build a new factory. Beijing News reporter learned yesterday, TCL Group's company Huaxing photovoltaic investment 16 billion yuan construction of the 6th Generation panel production line started construction, is expected to achieve the end of 2016 mass production.

Tcl Cash Cow launched new production line

Huaxing Photoelectric is TCL's panel company, in the past two years to become TCL group profit contribution of the main force.

In the first half of 2014, Huaxing realized sales revenue of 8.506 billion yuan, an increase of 24.8%, net profit of 981 million yuan, accounting for the first half of the total net profit of TCL group more than half of 1.474 billion yuan.

It is understood that this time huaxing photoelectric in Wuhan 6 generation line is the world's fourth, the first domestic 6 generation LTPs production line, product positioning in high-end small and medium-sized panel market. The production of the project phase one design capacity of 30,000 pieces/month, to produce the annual output of the display panels or modules of about 88 million pieces, can achieve more than tens of billions of dollars.

At present, Huaxing photoelectric a total of three production lines, Shenzhen has two 8.5 generation lines, mainly for TV panels to provide panels, the latest start of the Wuhan 6 generation line, on behalf of Huaxing photoelectric from the TV panel formally to the mobile phone, tablet computer display and other areas of development.

Tcl chairman Li said that Huaxing's goal is not only to succeed in the Chinese market, but also to strive for more market position in the global semiconductor display field.

Domestic and foreign giants grab the Chinese panel market

2012, the country raised the LCD panel import tariffs, from 3% to 5%, which opened the domestic panel industry in the spring. The global flat-panel display industry began to focus on investment in China, and the competition became increasingly fierce.

According to Lina analyst analysis, China currently has a total of 23 panel production lines, 8.5 generation line accounted for 9, Beijing Oriental 7 panel production line 3 is 8.5 generation line, huaxing photoelectric 3 line of two is 8.5 generation line, has become saturated. In the 2012, Samsung's 7.5-generation line in Suzhou rose to 8.5 generations. Earlier this month, the Korean panel enterprise LGD in Guangzhou 8.5 generation line completed and put into production.

Although huaxing photoelectric alternative, this time in Wuhan to locate the small size of the 6 generation line, but this field also has many opponents. It is understood that China's electronics under the Chinese-electric panda in Nanjing has a 6-generation line and a 8.5-generation line, in 2014, the company adjusted its strategy to allow only 30% of the built 8.5 generation lines to be used on large, higher-order TV panels, and 7 for high-end handsets and tablets for small and medium size.

Some insiders told the Beijing News reporter, from the national strategic point of view, a 8.5-generation panel production line of economic power than a car factory driving force is still high, so the country's support for the panel is very clear. The requirements of the national panel industry is that the domestic production of the panel self-sufficiency rate to reach 80%, the current self-sufficiency rate of only about 40%.