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Panel Prices Up but Revenue Down in February
March 22, 2020
During February two panel producers were able to show an increase in revenue, AU Optronics and Samsung Display although the Samsung numbers only show large panel production, excluding the company’s OLED small panel business. The panel industry in total saw a decline 8.4% in sales for February sequentially and a 12.1% decline Y/Y, with large panel sales declining 6.7% sequentially and 12.8% Y/Y while small panel sales declined 15.8% sequentially and 8.2% Y/Y, all of which took place while panel prices increased.
Table 1: Panel Sales ($b) by Region
March 22, 2020
During February two panel producers were able to show an increase in revenue, AU Optronics and Samsung Display although the Samsung numbers only show large panel production, excluding the company’s OLED small panel business. The panel industry in total saw a decline 8.4% in sales for February sequentially and a 12.1% decline Y/Y, with large panel sales declining 6.7% sequentially and 12.8% Y/Y while small panel sales declined 15.8% sequentially and 8.2% Y/Y, all of which took place while panel prices increased.
Table 1: Panel Sales ($b) by Region
Source: SCMR LLC, IHS, Company Data
Table 2: Panel Price Variances
Source: SCMR LLC, IHS, WitsView Company Data