The relevant national authorities have decided to increase china's lcd import tariff this year from 3 per cent to 5 per cent in 32 inches and above. The intention of the state to support the development of domestic panels is evident。
In an environment of global losses in the industry as demonstrated by liquid crystals, the country's fledgling east and east china light has become more difficult. According to the director of the paint and power plant, the customs duties would be increased or increased as of 1 april, and the authorities concerned would make the above-mentioned announcement as a result of the launch of the panel tariff。
Global losses
The competitive nature of the global panel industry and its inability to squeeze into the top three to the top five in the industry make it difficult to build on in the long run. However, in 2011, even industries had lost a fortune。
In recent days, samsung electronics has published financial statements for the fourth quarter of fiscal year 2011, showing a loss of 22 billion won for operations in 2011. In the last fiscal year, its operating profits were 100 billion won. The biggest opponent, lg display, was not well. Lg display lost $144. 8 billion in business in the fourth quarter of last year, a net shortfall of $78. 79 billion in the 2011 fiscal year, compared to 1. 16 trillion in the previous fiscal year, as a result of the economic slowdown that reduced the demand for screen television. The giant sharp is also trapped, with a 10-generation cut-off on several occasions; matsuya plans to stop the plasma panel production at nizaki's third factory by the end of march this year, and to sell a lcd panel factory in chiba county; sony sells a s-lcd panel share with samsung, which he co-financed, to heat up with toshio and higashi。
Taiwan’s two-year-olds lost. In the third quarter of last year, there was a net shortfall of nz$ 15,796 million and nz$ 17. 26 billion in chimi. Kimmy stated that the company's capital expenditure would be reduced by 40 per cent in 2012 due to oversupply of television and computer panels。
The trip to china by the panel giant was also embarrassing. Although samsung intends to upgrade the suzhou lcd plant from 7. 5 to 8. 5 generations, it has not yet been approved by the relevant chinese authorities, and the lg display guangzhou project has not yet been acted upon because of the lack of prospects for the lcd industry. In december 2011, the lg, jointly financed by kang jiang, closed down; project 8. 5 generations of tokuyama was also stalled。
Only in september 2011 did china starlight produce a test, at a modest loss. Another panel producer in the country, four lcd production lines in the east of kyoto, may have lost more than $3 billion in operations in 2011. For domestic panel producers, policy support is crucial at a time when they have just entered industrial competition, when technology and production are in a state of climb and are facing constant losses。
Tariff increases
Starting in september 2011, the ministry of industry and information technology, namely the china electronic video industry association, the china flat display industry association, etc., conducted several rounds of consultations with domestic outsiders and machine manufacturers to adjust import tariffs for lcd panels。
At the time, the background for the increase in tax rates was the rise in domestic panels: on 30 march 2011, the nanjing six panel line under the cec powered panda was released; at the end of june, the 8. 5 generation line in the east was officially operational; and on 8 august, the 55 per cent-share chinese light power of the tcl group was officially operational. After delivery, 8. 5 generation will be able to produce a full range of products from 1. 7 inches of mobile phone screens to 55 inches of television liquid crystal screens。
