Taiwan panel makers have rosy outlook for 3Q20

Taiwanese panel makers have seen improvements to their sales, and most of them are expected to return to profitability in third-quarter 2020, thanks to rising panel prices amid tight supply and strong demand from the end-device market. AUO has disclosed its order visibility has extended to November with robust demand from all major application segments. But memory module firms had weak results for second-quarter 2020, with profits eroded by falling spot market prices.

Panel makers likely to swing back to profit in 3Q20: Most of Taiwan’s flat panel makers are expected to swing back to profitability in August as well as third-quarter 2020 thanks to panel prices being driven up by hefty end-market device demand and tight supply, according to industry sources.

AUO sees clear order visibility ahead: AU Optronics (AUO) has seen its order visibility extend to November with panel demand from all major application sectors coming robustly, according to company president Frank Ko.

Memory module firms post profit drops in 2Q20: Memory module makers saw their second-quarter profits eroded by the weakening of spot market prices.-Digi Times

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