According to the monthly panel factory production survey data of cinno research, in February 2022, the average production rate of China’s LCD panel factory was 86.1%, down 6.8 percentage points from January. Among them, the average crop movement rate of the low generation line (G4.5 ~ G6) was 81.4%, down 7.8 percentage points from January; The average planting rate of the high generation line (G8 ~ G11) was 86.6%, down 6.7 percentage points from January.
Due to the small number of days in February and the Spring Festival holiday, the decline rate of TFT-LCD production line in February was within a reasonable range, but the year-on-year decline rate in February 2021 was 4 percentage points. Each G10 The ramp up of production capacity of generation 5 / 11 line has come to an end temporarily. The total production area of LCD panels in China in February decreased by 7.3% compared with that in January.
With the expansion of China’s AMOLED production capacity, the tight supply of driving IC has not been alleviated. Combined with the impact of weakening demand in the off-season, the average production rate of China’s AMOLED panel plants decreased to 38% in February, a further decrease of 1.6 percentage points compared with January. Among them, the average planting rate of G6 generation line was 36.0%, a slight decrease of 0.9 percentage points compared with January.
