(China Glass Network) The year of 2012 is the milestone of China LCD panel industry development with the great results from the investment on depressed market.
Due to the overcapacity and depressed economy environment, global LCD panel industry was in lose for seven consecutive quarters. The domestic market also went through two and half years in up and down.
The profit is the most concerned thing for the manufacturers.
They had taken a series of action to save markets and themselves, destocking and rising price. China government also lunched series policies to support China LCD panel industry, such as modify taffies, and lunch subsidy policy. In the third quarter of 2012, the industry finally turned from loss to profit.
In term of the whole China LCD panel industry, the small and middle size panel was developed consecutive quarters with large size panel. The up-stream material technology was still large behind than other developed countries. But we never give up. We are expected to the future days.
