CINNO Research released the November cell phone panel market report, which said the fourth quarter smartphone panel prices are still expected to have no signs of stabilization, and the price decline will expand.
The report points out that the impact of the epidemic and the global economic downturn, the global smartphone market demand remains weak, coupled with the smartphone products into the development of maturity, market growth slowing down, consumers changing mobile energy is insufficient, cell phone panel market oversupply state serious.
Source: CINNO Research
- a-Si: Although the production capacity of a-Si cell phone products continues to shift to shared production lines for IT/ industrial control/ vehicle products, a-Si panel prices continue to be under pressure due to the continued release of a-Si large generation line capacity and the price squeeze of LTPS products, and a-Si panel prices are expected to decline at a rate of 0.3 US dollars per month in the fourth quarter.
- LTPS: Due to the continued decline in the price of LTPS cell phone panels, the main manufacturer Japan Display (JDI) will reduce the production of cell phone products, especially the domestic mainstream brand shipments will be scaled back, the production capacity from cell phones to automotive and other products, and brands in the selection of new project suppliers will give more consideration to domestic LTPS panel manufacturers.
- Rigid AMOLED: Although the main rigid AMOLED panel manufacturer Samsung Display (SDC) in the domestic mainstream Android brands promotes shipments, due to the domestic flexible AMOLED panel manufacturers’ aggressive prices, to promote resistance.
- Flexible AMOLED: The flexible AMOLED panel market continues to outstrip supply and price competition is fierce, with vendors fighting for orders at aggressive prices to fill capacity gaps, and panel profitability continues to deteriorate.
CINNO Research forecasts that in the absence of obvious favorable factors in demand, smartphone panel prices will continue to fall and expand, November and December a-Si / LTPS panel prices will fall by $ 0.3 per month; rigid AMOLED panel prices will continue to fall by $ 1; flexible AMOLED panel prices may fall 1.5 The price of flexible AMOLED panels may drop by $1.5.
