Capacity utilization rates at most LCD fabs in China, excluding those in Hubei province – the epicenter of the coronavirus outbreak – are recovering and are estimated to reach roughly 80% by the end of March, according to a Korea-based The Elec report.
The capacity resumption at the LTPS lines of Tianma Microelectronics is expected to reach 95% by the end of March, said the report.
While the capacity utilization at BOE Technology’s a-Si lines is likely to reach 80% by the end of March, the company may see its LTPS and OLED lines, which roll out panels mostly for Huawei, still operate at 60% by then, as Huawei has deferred its panel orders for its forthcoming P40 and also reduced flexible OLED panel orders for its mid-tier Nova lineup, the report added.
The LTPS line of China Star Optoelectronics Technology (CSOT) in Wuhan is expected to run at 40% of its capacity by end-March. Also, its planned production of OLED panels for a 6.2-inch Razr foldable smartphone to be rolled out by Motorola has been delayed because the assembly lines for the Razr phone are located in Wuhan.