Seismic analysis in South Korea has little effect on the panel industry
South Korea occurred at 2.29 pm local time today on the eastern coast. The 5.5-magnitude Fukushima earthquake was located about 9 kilometers north of Pohang City, Gyeongsangbuk-do Province. For Wisdom incidents in South Korea, WitsView analysis has little impact on the overall panel industry.
As for the Samsung monitors, following the shutdown of the L6 in September this year, there are only three production lines of L7-2, L8-1, and L8-2 for the LCD production line in South Korea. When the earthquake is detected, it will automatically stop. WitsView understands that this earthquake caused a temporary shutdown of some of Samsung's machines, plus the time it took for the machine to return to operation. The overall impact was only within 1 to 2 hours, so it has little effect on the production capacity.
The 7th-generation line and the 8.5-generation line of the LGD monitor LGD are not affected by Paju City which is far from the epicentre, and the P5 and P6-2 production lines in Gumi City are closer to the epicentre, of which P5 is mainly Production of notebooks and electric panels, while P6-2 mainly produces 65-inch TV panels. Although these two production lines were temporarily shut down due to the earthquake, they have passed the traditional branding peak in November, and panel makers still have security in their hands. In response to inventory, this event has no flaws in panel supply.
With the launch of the iPhone X, OLED panels have recently become the focus of attention. South Korea's two major panel makers have multiple OLED production lines, of which the LGD 8.5-generation OLED TV production line in Paju was not affected by the earthquake. The other two AP2 (4.5 generation line) and E5 (6th generation line) and SDC three located in Gumi are A2 (5.5 generation line), A3 (6 generation line) and A4 (6 generations) Line). As of now, no news has been reported about the impact of this earthquake. Since the Korean plant is a major supplier of OLED panels, the follow-up supply conditions still need to be closely observed.
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