Panel manufacturers Groupon earned about 3.825 billion yuan in September, down 42.4 percent from the same period last year.

CTOnews.com news on October 9, according to the Taiwan media Central News Agency, TV panel quotations showed signs of stopping falling in October. Panel maker Groupon's financial data show that in September 2022, Groupon's revenue was 17 billion NT dollars (about 3.825 billion yuan), an increase of 11.1% from the previous month and a decrease of 42.4% from a year earlier.

CTOnews.com learned that Qunchuang Optoelectronics pointed out that the combined shipments of large-size panels in September totaled 9.23 million pieces, an increase of 6.7% over August, an increase of 6.7% over August. The combined shipments of small and medium-sized panels totaled 23.48 million pieces in September and 5.7% more than in August.

In the third quarter, Qunchuang Optoelectronics had consolidated revenue of NT $48 billion, down 17.1% from the previous month and 48.4% from the same period last year; combined shipments of large-size panels totaled 26.13 million pieces, down 19.5% from 3245 million pieces in the second quarter; and combined shipments of small and medium-sized panels totaled 68.66 million pieces, down 18.5% from 8427 million pieces in the second quarter.

Previously, Qunchuang said at the legal conference that the panel industry has a chance to bottom out in the fourth quarter, but inventory digestion may have to wait until the first quarter of next year.

For comparison, Qunchuang earned NT $15.3 billion (about 3.442 billion yuan) in August, down 3% from July and 51.3% from a year earlier, a nearly 30-month low.