[CINNO: global panel factory revenue is expected to decline by 10% year on year in 2023] Science and Technology Innovation Board Daily reported on the 30th that looking ahead to 2023, due to geopolitical conflicts, high inflation and other factors, the global economy remains in the doldrums. In 2023, the global display industry still faces challenges such as relatively weak terminal demand, oversupply in the overall market and lower-than-expected shipments of high-end display applications. LCD TV panel prices are also gradually returning to above the cash cost line, but the sustainability of the subsequent reversal remains to be tested by the market, and there is still no significant reversal in the price and demand of application panels such as IT and smartphones. Combined with exchange rate fluctuations and other factors, global panel sales are expected to fall back to $110 billion in 2023, a year-on-year decline of about 10 per cent.