Shulou(Shulou.com)11/24 Report--

CTOnews.com, January 10 (Xinhua)-- Financial data show that consolidated revenue from panel companies fell to about NT $47.9 billion (about 10.634 billion yuan) in the fourth quarter of 2022, the lowest since the first quarter of 2010, according to Taiwan's Economic Daily.

Specifically, the latest financial data of Groupon are as follows:

Qunchuang received NT $16.113 billion (about 3.577 billion yuan) in December 2022, a decrease of 0.4% from the previous month and 39.2% from the same period last year.

Qunchuang's consolidated revenue in the fourth quarter of 2022 was 47.913 billion New Taiwan dollars (about 10.637 billion yuan), down 0.2% from the previous month and 40% from the same period a year earlier.

Qunchuang's consolidated revenue in 2022 was NT $223.715 billion (about 49.665 billion yuan), down 36.1% from a year earlier and the worst in 13 years.

Qunchuang said that in December 2022, large-size panels shipped 9.75 million pieces, an increase of 6.3% month-on-month, while small and medium-sized panels shipped 1900 million pieces, down 3.8% from the previous month. In the fourth quarter of last year, large-size shipments of 2770 million pieces, an increase of 6% month-on-month, while small and medium-sized shipments of 6066 million pieces, a decrease of 11.6%. Shipments of large-size panels in 2022 were 121 million pieces, down 18.3% from the same period last year, while those of small and medium-sized panels were 280 million pieces, down 15.4% from the same period last year.

CTOnews.com learned that Qunchuang believes that the overall economy has not yet improved and will not increase capacity utilization at present. It is expected that the capacity utilization rate in the first period of this quarter is about 60% to 70%, and the average capacity utilization rate in the latter section is about 80%. The outlook for the second quarter tends to be cautiously optimistic and looks forward to the good news of the industry's recovery in the third quarter.

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