CINNO Research report shows that in order to curb the disorderly decline in LCD panel prices, the domestic BOE, Huaxing photoelectric, Huike three panel factory average crop rate has dropped to 70% below.
The report points out that the current LCD TV panel inventory level of several major panel factories has been reduced to about 3 to 3.5 weeks, the inventory backlog problem has been significantly alleviated, so the LCD panel price drop in September significantly slowed down, the rate of decline is also in line with previous expectations.
CINNO Research said that although it has come to the second half of the traditional peak season, but due to the strong negative effect of international inflation and other factors, demand rebound is still difficult to see in the short term. On the other hand, due to the new production line to join and completed production line to pull up production capacity, next year the panel factory capacity area is expected to grow 13%-15%, so maintain low crop to stabilize prices as soon as possible during the year to become the mainstream operation.
In addition, the report said that the price of each size panel in August fell in line with previous forecasts, indicating that the panel factory to reduce crop strategy is effective. Is expected in September 32 “- 65” will maintain a small decline of 1-2 U.S. dollars, 75 “significantly narrowed, is expected to bottom out in the fourth quarter.
