According to relevant data, the new plant currently under planning will increase the capacity of large display panels by 31% or 77.7 million square meters from 2018 to 2021.
However, according to current demand forecasts, there will be about 49 million square meters of output in 2021, far exceeding market demand.
This excess supply and demand situation is expected to continue to grow from 12% in 2018 to 23% in 2021, still far above the proportion that can maintain a balanced market.
IHS Markit said that a large number of LCD TV panel production capacity will be built between 2019 and 2021, mainly from China's Gen10.5 / 11 factory.
David Hsieh, senior director of IHS Markit Display, said: "Some panel makers may be forced to reduce utilization, and some planned capacity may never be built. In addition, traditional factory restructuring may accelerate in the next few years. In order to make TFT LCD
The industry is returning to a balanced supply and demand level and may need to close multiple Gen 5, Gen 6, or even Gen 8 plants."
Oksmart has make its endevor with all the sophisticated engineers to explore new area in TFT and catch the chance for improving the development.