The OLED panel Market compound annual growth rate of 23%, growth of about OLED panel, and Xin plan next year plans to invest 15 to 1 billion 800 million yuan expansion, the expansion rate of about 30%. in addition to Samsung, and Xin also actively layout, mobile phone customers, customers will be expected next year with up to the level of nearly 5 also, revenue is expected to restore growth momentum.

There is a 5.5 generation of touch sensor factory and x'flag, the main customers are Samsung, AMOLED touch sensor panel, in overall shipments accounted for approximately 68%. this year Samsung expand takeaway AMOLED panel, intelligent mobile phone brand, using AMOLED panel proportion of 15%.2017 year Apple will also use the AMOLED to push up the panel. AMOLED market demand, including Vivo, OPPO and other brands have launched AMOLED mobile phone screen, AMOLED penetration panel in the global smart mobile phone market is estimated to be pulled up to the 26%. estimated that by 2020, AMOLED hand machine panel compound annual growth rate will reach 23%.

Optimistic about the growth of the OLED market, and Xin internal research intends to expand production plans, estimates of a 5.5 generation production line investment spending of about 15 to $1 billion 800 million, the fastest start in the third quarter of 2017 installed in the fourth quarter can be put into operation

Last year, mobile phone brand AMOLED panel demand of about 50 million, increased to 85 million in 2016 2017, the main brands have a large number of new machine using the AMOLED panel, on the other hand, the mainland panel plants are also investing in AMOLED panel production line. And Xin rushing into the mainland market, the proportion of customers expected next year, will pull high to nearly 50% level, but also help to improve the profit.

The lower panel Market in the first half and warm, because early earthquake damaged capacity recovery, and Xin third quarter turnaround. Third quarter revenue of 833 million yuan, compared to the previous quarter nearly doubled, operating profit of about 330 million yuan, the industry turnaround, the net profit of about 199 million yuan, earnings per share 0.27 yuan. A total of three year ago quarter revenue of about 1 billion 815 million yuan, the annual reduction of 42.45% business losses of about 519 million yuan, net loss of 847 million yuan, net loss of 1.15 yuan per share.

And Xin South line affected by the beginning of the earthquake, serious damage to equipment, until the year before the repair is completed, shipping gradually returned to normal.10 monthly revenue in the third quarter reached 310 million yuan, the monthly increase of 7.64%, but since January this year, the second highest single month record. Expected in November, 12 Moonrise steady, compared to third in the fourth quarter the season is also expected to maintain growth.