According to the report, in the first half of this year, the total shipments of TV panel factories in mainland China reached 81.45 million pieces, and their share in the global market reached a record high of 70%, an increase of 2.7 percentage points from the same period last year and an increase of 3.5 from the previous month. percentage point. The right to speak in the global LCD TV panel industry has been completely transferred to mainland Chinese manufacturers.

The establishment of the right to speak of mainland panel makers mainly benefited from the gradual withdrawal of Korean panel makers starting last year. In the first half of the year, the total shipments of Japanese and Korean panel makers both fell by about 40% year-on-year, and the combined market share was only 9.7%. The same period last year fell sharply by 4.9 percentage points, and the chain also dropped by 6.4 percentage points.

The only leading manufacturer in the industry (annual shipment of more than 60 million pieces) is BOE (BOE). It will ship approximately 29.3 million units in the first half of 2023, a year-on-year decrease of 7.8%. However, the market share increased to 25.2%, a slight increase of 0.2 and 0.7 percentage points year-on-year, ranking first in the global large-size LCD TV panel industry. The general annual shipment of the neck camp is 40-50 million pieces. These include CSOT (China Star Optoelectronics), HKC (Huike), and Innolux (Innolux), and the rankings of the three panel makers are stable.

2023H1 Global LCD TV Panel Factory Shipment Ranking, Unit: Million Pieces

In the first half of the year, 32-inch smartphones still ranked first in shipments, with shipments of about 28 million pieces, a sharp drop of 29.4% year-on-year, and a market share of 24.1%, a sharp drop of 7.1 percentage points from the same period last year. 42/43 inches ranked second in the first half of the year, with shipments of about 24.7 million pieces and a market share of 21.2%, a year-on-year increase of 2.1 percentage points. The 55-inch and 50-inch models ranked third and fourth respectively, with approximately 16.9 million and 15.2 million units shipped respectively. About 12.5 million 65-inch units were shipped, a year-on-year increase of 3.1%, and the market share reached 10.8%, an increase of 1.2 percentage points year-on-year.

It is noticed that the report also stated that in the first quarter of 2023 in the Chinese TV market, the market share of 65 inches has surpassed 55 inches, becoming the largest size. By June 2023, the average size of the complete machine market in China has exceeded 60 inches.

The post Report: China’s TV market average size has exceeded 60 inches appeared first on TechGoing.

In early December 2022, foreign media reported that LG Display planned to stop producing LCD TV panels in South Korea in 2022. At the time, foreign media, citing sources familiar with the matter, reported that the company was producing LCD panels for TVs at its P7 plant in Paju, South Korea, but that the plant would stop producing LCD TV panels in mid-December 2022 or by the end of December 2022.

At the end of December 2022, according to foreign media reports, Rakin Display will stop producing LCD TV panels in South Korea.

Rakin Display is one of the world’s largest manufacturers and suppliers of thin-film transistor liquid crystal display (TFT-LCD) panels, organic light-emitting diodes (OLEDs) and flexible displays, dominating the global market for large OLED TV screens. The company produces displays for a range of companies, including certain models of Apple’s iPhone.

The company is said to be focusing on the OLED TV panel and automotive markets, and will work to develop new markets for transparent and gaming OLEDs.

The post LG Display may continue to cut back on LCD TV panel production appeared first on TechGoing.

The report notes that prices for all six screen sizes it tracks were unchanged in December, with the average price in the fourth quarter increasing only 0.5 percent from the average price in the third quarter.

DSCC said it expects prices to remain unchanged again in January and begin to rise slowly in the last month of the quarter (March 2023) as excess inventory in the display supply chain is finally depleted on average in the first quarter.

On average, DSCC expects March prices to be 3.6 percent higher than December prices and expects prices in the first quarter of 2023 to be 2.5 percent higher than prices in the fourth quarter of 2022.

The DSCC expects the industry to recover to some extent after excess inventory in the display supply chain has been cleared. However, as the overall demand recovery in the market will take some time, it cannot be predicted with great certainty that the elimination of inventory means that panel prices will continue to rise.

The post DSCC: LCD TV panel prices are expected to remain unchanged in January and start to rise slowly in March appeared first on TechGoing.

Image source Unsplash

13 consecutive months of monthly shipments of the global LCD TV panel market, in thousands of units

Monthly shipments of global LCD TV panel market for 13 consecutive months, in thousands of units
The following are the characteristics of the global LCD TV panel market in November 2022.

Following the LCD panel in October to open the price increase, in November, 32-75-inch LCD TV panel prices continue to rise, up between 2-4 U.S. dollars. Panel price increases continue, on the one hand, manufacturers to regulate the crop rate results, on the one hand, is also the brand business in the month for the domestic overseas promotion expectations, ultimately reflected in the pulling attitude more positive.

Chinese mainland TV panel makers’ share of global market shipments was 65.7%, slightly down from October.

BOE (BOE) shipments for the month exceeded 5.2 million pieces, ranking first. BOE in 32-inch, 43-inch, 65-inch and 75-inch shipments of the four main sizes continue to lead. 85/86-inch product shipments stable, combined shipments in the last two months to maintain 70K-80K. is expected to ship this year’s annual shipments and its 2023 BP will be roughly equivalent.

CSOT (Huaxing Optoelectronics) shipped about 4.1 million units in the month, up 13% year-on-year and up a slight 1% YoY. 55-inch and 98-inch shipments maintained their leading position this month. Among them, the market share of 98-inch reached nearly 80% for the month and nearly 70% for the year, while the cumulative market share of 55-inch products exceeded 30% for the year. Also note that 43-inch products continue to double year-over-year and have been growing for five consecutive months sequentially. 2022 annual shipments are expected to be around 47 million pieces.

The company’s 85-inch products have been shipped steadily since mass production in the fourth quarter of last year, with shipments remaining at around 70K for the past three months and a market share of more than 30% this month. 32-inch and 43-inch products still occupy a major share of the company. The main focus will be on structural upgrades for larger sizes.

–The combined market share of Taiwan-based panel makers Innolux and AUO is 18.3 percent, down 1 percentage point from last year. Both plants grew by more than 20% YoY and their combined market share increased by 3.1 percentage points YoY. Innolux and AUO’s shipment plans for 2023 are 32 million and 12 million units respectively.

LGD’s (LGD) 86-inch product continues to maintain its lead this month, with a cumulative annual market share of over 70%. sharp (Sharp) and SDC (Samsung Display), which is in the process of clearing its inventory, both saw negative growth of varying degrees this month.

November 2022 Global LCD TV panel makers shipment ranking, unit: thousand pieces

Global LCD TV panel makers’ shipment ranking in November 2022, unit: thousand pieces
The overall crop rate of G8.5/8.6 is between 75~80% in December. The crop rate of G10.5 is between 60~65%.

For Q1-2023, the standard action for panel makers will continue to be to adjust prices through crop rates, with prices staying in the 3-5% range, and rising if there is a significant 6-10% drop.

(“Crop rate” is called activation or utilization, and refers to the proportion of time the equipment takes up to create value in the time it can provide.)

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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.

The post CINNO: Price decline of LCD TV panels continued to narrow in September appeared first on TechGoing.

LGD said the loss was due to weak demand for TV and IT displays, coupled with supply chain problems and China’s closure policy, and shipments failed to meet targets. The company plans to continue and reduce its LCD TV business and stop producing low-margin LCD panels for the Korean TV market; the Chinese LCD plant has also decided to convert some of its TV panel production lines to IT equipment.

It is reported that the company will focus on OLED TV panels and the automotive market, and will work to develop new markets for transparent and gaming OLEDs.

The post LG Display: Stop producing LCD TV panels for the Korean market by 2023 appeared first on TechGoing.