Displays
Digitimes Research: China government further invests in panel industry
Tony Huang, DIGITIMES Research, Taipei

The China government as of December 2015 finalized investments of CNY1.7 billion (US$257.73 million) in China-based panel maker BOE and CNY1 billion in China Star Optoelectronics Technology (CSOT) in order to foster the nation's panel industry and further create competitive supply chain solutions, according to Digitimes Research.

The central government and local governments throughout China have been proactive in working with investment firms and banks to provide loans in addition to investments with low return on investments. The strategy is geared toward providing a sound financial structure for China supply chain makers and to give the nation a more complete manufacturing industry.

Media reports coming from China and Taiwan have stated the investments will initially be used to develop 8.5G fabs from the two makers despite expected oversupply in the market.

Digitimes Research also recently found that while global large-size TFT-LCD panel shipments and revenues in 2015 are expected to decrease on year, BOE will see its large-size panel shipments and consolidated revenues for the year increase 43% and 37% respectively.

Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.

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