subject: 500 000 000 200 000 000 000 Tv Upgrade Funds To Be Invested Lcd Panels - Lcd Panels, Flat-panel Tvs, [print this page] LCD TV LCD TV
Era, so many companies opened a gamble.
Up to 2000 billion
LCD panel
Investment storm swept the whole of China within a short time.
China now has 500 million CRT TV sets, LCD TV, if used to replace, according to a 10% annual replacement rate is the annual 50 million units, while LCD TV CRT TV price is usually 2? 3 times This is a huge market cake.
To snatch of this big cake,
TCL
, BOE and other debt investments of domestic appliances giant LCD panels at the project, Samsung, LG,
Sharp
Chi Mei has also stepped up distribution of the mainland, seven high-generation LCD production line one after another fall this year in China.
BOE TCL debt to snatch the right to speak
12 1st, BOE issued a public notice, drawn to the additional 300 million -23 million shares A share issue price of not less than 4.64 yuan / share, raising funds of not more than 10 billion yuan net for the replenishment of the Beijing Beijing Oriental Display Technologies invest in eighth thin film transistor liquid crystal display devices (TFT-
LCD
) Production line and additional corporate liquidity.
"Our production line currently is the fastest progress, 6 on behalf of the line and the
8 on behalf of the line
Have already commenced. "BOE brand Minister Wei Jing told the Die Zeit reporter.
175 billion investment, the current BOE is concerned, can be described as a huge expenditure, but just in May 5.0 billion private placement shares and fund-raising 12 billion yuan for 6 on behalf of the BOE-line construction, now not to 6 months, had to re-financing, the difference between 7.5 billion investment, will be completed by its subsidiary, through bank credit. BOE's total liabilities have soared to 8.4 billion result.
"Now it seems that this is the best choice for BOE." Appliances Liu Buchen, a senior who told Die Zeit reporter, as upstream producers, in order to achieve the industry's voice, we must update the production line.
, However, can not be ignored is that BOE has 4 consecutive quarterly loss. In 2008, the downstream demand weakness led to a sharp decline in panel prices, LCD panel industry fell into a cyclical downturn. In 2009, the industry started to recover, BOE decreased losses quarter by quarter, third quarter of 2009, the company's net loss of 7.57 million yuan.
"In my opinion, in so many investors in the LCD panel, BOE was undoubtedly the most competitive." Liu Buchen, that the BOE LCD panel has been done in 2045, but not very successful, even has yet to open up the market. He said that the number of high-generation production line project launched and will create great pressure on the BOE. He said there have been rumors to prepare myself BOE LCD TV machine.
"We do not have any such plan." BOE brand minister denied the machine to market Wei Jing
Sell
Rumors.
Also announced a high profile project on Ma Gaoshi generation of LCD panels were TCL. November 16, TCL Group and the deep ultra-Technology Investment Co., Ltd. (hereinafter referred to as ultra-deep) announced jointly invest 24.5 billion yuan of domestic one start
8.5 on behalf of the line
LCD panel production line. And the BOE is the same, TCL and deep ultra-cooperation, one hand on the capital market financing, and the need to bank loans; with BOE difference is that the project is completed, TCL get through the whole industrial chain, and that they can digest a lot of panels.
BOE and TCL, the reason why the domestic color TV giants at all costs, to enter the LCD panel technology, because it had its unspeakable difficulties. According to industry sources said LCD panel has accounted for the profits of the entire LCD TV about 50% of profits, while purchasing panel manufacturers have to be in the market competition.
