CINNO: under the influence of power cuts in Sichuan, Chongqing, Jiangsu and other places, some panel factories increased their production reduction in mid-August.

CTOnews.com August 21 news, CINNO Research latest report shows, In July 2022, Domestic LCD panel factory average operation rate is 73.3%, Compared with June fell 2.3 percentage points, Year-on-year July 2021 fell nearly 21 percentage points.

The report pointed out that in order to reduce the panel inventory pressure and slow down the panel price decline, panel factories around the world began to reduce the operation rate in the second quarter. In June, the operation rate of global panel production line dropped to 70%, further adjusted to 66% in July, and the operation rate of LCD panel enterprises outside the mainland of China in July has dropped to about 55%.

CINNO Research said that in mid-August, affected by power restrictions in Sichuan, Chongqing, Jiangsu and other places, some panel factories passively increased production reduction, predicting that the average production rate of the mainland of China panel production line in August will be further explored.

In addition, the data shows that the average operating rate of domestic AMOLED panel factories in July was 41.6%, an increase of 4.5 percentage points compared with June.

CTOnews.com Note: "activation rate" in English is called activation or utilization, which refers to the proportion of time occupied by equipment in order to create value within the time it can provide.