目前，50英寸以下电视面板的价格已经开始回升，因为它们之前已经低于成本水平。 然而，彭表示，随着中国制造商将继续增加产量，65英寸及以上电视面板的价格可能会保持在较低水平。 对于第二季度的业务展望，友达光电预计大尺寸面板的出货量将保持平稳或略有增长，而中小尺寸面板的出货量将连续增长11-13％。
友达光电的第一季度总面积为634.2万平方米，平均售价为每平方米312美元。 出货量包括2587万块大尺寸面板，按季减少9.1％，同比下降9.4％，中小尺寸面板减少2496万块，季度下降22.4％，同比下降46.4％。 第一季度的平均库存周转率为37天。
|项目||量||Q / Q||Y /|
TFT-LCD panel maker AU Optronics (AUO) released financial report for the first quarter of 2019 at an April 25 investor conference, suffering net operating loss of NT$5.1 billion (US$165 million).
The net operating loss was mainly because oversupply of handset- and TV-use panels resulted in drops in price and short supply of CPUs led to decreased shipments of IT-use panels in the first quarter, company chairman and CEO Paul Peng said. The oversupply arose from China-based makers' bringing into operation 10.5th-generation production capacities, Peng noted.
Currently, prices for sub-50-inch TV panels have begun to pick up as they have previously fallen below the level of costs.However prices of 65-inch and above TV panels are likely to stay at a low level as China-based makers will continue to increase output, Peng indicated. For business outlook for the second quarter, AUO expects shipments for large-size panels to remain flat or slightly increase on quarter and those for small- to medium-size panels to grow 11-13% sequentially.
AUO shipped panels of a total area of 6.342 million square meters with an average selling price of US$312 per square meter in the first quarter. The shipments consisted of 25.87 million large-size panels, decreasing 9.1% on quarter and 9.4% on year, and 24.96 million small- to medium-size panels, slipping 22.4% on quarter and 46.4% on year. The average inventory turnover rate in the first quarter was 37 days.
In terms of applications, LCD TVs accounted for 39% of the sales revenues from panels in the first quarter, LCD monitors for 17%, tablets and other mobile devices for 24% and commercial displays and others for 20%. As for panel sizes, sub-10-inch panels accounted for 16% of the sales revenues, 10- to sub-20-inch models for 28%, 20- to sub-39-inch models for 19%, 39- to sub-50-inch models for 11% and 50-inch and above for 26%.
AUO will continue focusing on mini LED-backlit panel development for the time being and has been shipping the panels for high-end business-use devices since the fourth quarter of 2018.
|AUO: Financial report, 1Q19 (NT$m)|
|Gross margin||0.37%||down 4.93pp||down 10.57pp|
|Net operating loss||5,100||net operating loss of NT$1,454||net operating profit of NT$2,953|
|Net loss||3,688||net profit of NT$281 million||net profit of NT$4,309 million|
|Net loss per share (NT$)||0.38|
*Note: Earnings before interest, tax, depreciation, amortization.
Source: Company, compiled by Digitimes, April 2019