AUO Peng Shuanglang: The demand is just recovering, and PC panel shipments are expected to be about 190 million pieces this year

Peng Shuanglang, chairman of panel maker AUO, said today (20th) that he is currently seeing a rebound in rigid demand and "the frequency of meeting customers has become higher." Not only are there urgent orders for TV panels, but also for information products. For example, computer panels are expected to see improvement in April-May, and the overall quotation is also trending positive.

Peng Shuanglang pointed out that the panel industry has improved, and not only TV panels have urgent orders , including IT panels are also seen. In addition, although the inventories of PC panels vary among products, they have gradually returned to a healthy level. It is certain that the bottom will be recovered between April and May this year.

Peng Shuanglang said that PC panel shipments this year are expected to fall around 190 million pieces. Although it is not as good as 2021, it has returned to normal demand

In addition, Peng Shuanglang said that since the panel industry has not opened up new production capacity in the past two years, when demand returns to normal, the supply and demand situation is expected to be healthier. The industry situation in the second half of the year will be better than that in the first half, and he also maintains a positive view on subsequent quotations.

Data show that AUO's full-year consolidated revenue in 2022 was NT$246.79 billion (approximately 55.528 billion yuan), a 33.4% decrease from 2021.

Source: juheng.com