Flat Panel Display Revenues and Profits Continued to Deteriorate in Q2’22

Published September 12, 2022

After reaching their all-time high in Q4’21, flat panel display maker revenues declined at a double-digit % sequentially for both Q1 and Q2’22, and total industry profits declined Q/Q at all levels of the income statement – gross profits, operating profits, pre-tax profits, net profits and EBITDA profits, according to the summary of their financial performance in DSCC’s Quarterly Display Supply Chain Financial Health Report. With all panel makers reporting their Q2’22 results, we can compile a full industry review for the first half of the year. The hefty profits of 2021 are now distant in the rear-view mirror for most panel makers, and many of them reported losses.

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Written by

Bob O'Brien