China panel industry to accelerate production of upstream suppliers to scramble for position

With Samsung, LGD, AUO three catfish in Chinese high generation LCD panel has lasted nearly a year of "Errenzhuan" rhythm is broken.

In Huaxing Power active speed declared the main plant of stories, another domestic panel giants also finally Chouqi Beijing Yizhuang 8 generation line need all 28 billion yuan of funds.

Through October this year following the successful private placement to raise 8 billion 900 million yuan of funds after November 30th, the BOE announced that the BOE display and by the National Development Bank led the lending syndicate signed the eighth generation thin film transistor liquid crystal display device is equivalent to about 10 billion 500 million yuan "(TFT-LCD) project syndicated loan contract".

It is reported that, the participating banks including the Agricultural Bank China Limited by Share Ltd of Beijing economic and Technological Development Zone Branch of China Everbright Bank, Chang'an Avenue branch, Beijing East China Limited by Share Ltd Limited by Share Ltd Beijing Yizhuang branch of Huaxia Bank, Beijing rural commercial bank Limited by Share Ltd chengshousi branch, and the loan amount is 5 billion 175 million yuan and $800 million, for a period of 9 years loans.

At the same time, three foreign giants panel just got approval of Samsung and friend are the most active. Samsung Electronics Company, the official said, if the January 2011 start, we expect to achieve the earliest production time is in June 2012, rather than the previous forecast by the end of 2012. "

And AUO wholly acquired 100% stake in Longfei photoelectric negotiations have been basically finalized, and the body more than a year of stagnation TAPPI photovoltaic plant construction will soon restart, apparently for the two panel domestic giants, although the Commission's approval to postpone its first mover advantage, but the yield climbing test really it is faced with hitherto unknown crisis.

Forced speed

"Although we hope that foreign giants to enter the China panel market, but from the perspective of competition, we hope they enter as late as possible. Huaxing Electric Source in December 29th, told reporters this.

However finally got approval of foreign giants panel but soon into the state. According to Samsung's original plan, at the beginning of 2010 to start the third quarter of 2011, mass production can be achieved in Suzhou 7.5 generation line, however, at the beginning of this year, the South Korean government conditional release after the approval of China NDRC it had cost 8 months, this has disrupted the Samsung Electronics $3 billion investment plan.

Approved in mid November, Samsung immediately began to set up wholly-owned companies, and the production plan ahead to June 2012, according to the normal construction period of 18 months and 6 months of climbing to calculate, Samsung Electronics in Suzhou 7.5 generation production line will be faster than normal 6 months earlier.

Market Research Institute Vice President of Displaysearch Greater China, Xie Qinyi said, "Samsung apparently hopes to speed to get approval for the time wasted, in addition to the plant need to speed up the building, according to Samsung in the high generation line of mature production technology, the climbing period is expected to be reduced to 3 months, and the BOE, Huaxing Power for at least 5 months. "

December won Taiwan's official release although in the acquisition of Longfei photoelectric issues as well as some policy details need to be in consultation with the relevant parts of the mainland and Taiwan, but Fei photoelectric had already completed a 7.5 generation line of EIA and land leveling, will soon enter the stage of the construction of the main plant.

And Taiwan's policy is expected to further relax, Taiwan's "Ministry of economy" in charge of economic affairs officer Shi Yanxiang said in December 28th, the beginning of this year for investment in the mainland to Taiwan enterprises, is to open new factories as conditions, did not open equity acquisitions, because there was no panel factory, can be shared. Now the situation has changed, if the enterprise needs, can be properly dealt with, is currently evaluating the decision.

This is obviously AUO equity Fei photoelectric open cut, also provides an opportunity for entering the market and investment Chinese CMO, LGD and SKYWORTH, Guangzhou Caold joint venture company will set up, although the speed is slow, but by the end of 2012 to achieve mass production is still the main target.

Is worth noting that, in the "5 2" temporarily eliminated Nanjing panda SHARP even raised 36 billion yuan investment in the construction of monthly production capacity of 80 thousand of the 10 generation line planning and ongoing eia. In this regard, insiders said: SHARP's 10 generation line in Japan last October was put into operation, it is impossible to invest in China in the 10 generation line, the EIA who can submit materials, even if it is also difficult to implement. "

In foreign giants panel faster, in September of this year has achieved the main plant cap Beijing BOE 8 generation line also completed the final financing, in the private placement financing of 8 billion 900 million yuan, this time with a number of banks signed a 10 billion 500 million yuan loan contract.

But before Huaxing Power through TCL group A share placement and syndicated loans have solved 24 billion 500 million yuan of funds required, the BOE will use 8 generation line project within the scope of all land use rights, housing and factories (including the corresponding land use rights), and some existing equipment to mortgage loans syndicated.

Obviously two local panel giants in speed, and which is also behind the LCD panel industry since November to pick up, according to Shuanglang executive vice president Peng AUO said recently, the overall climate panel industry next year will be better than this year. Taiwan in November this year