The latest panel quotation report recently released by TrendForce shows that the prices of TV and monitor panels have risen for three consecutive months, of which the mainstream specifications of 55/65-inch products rose by at least 9% in late May. According to survey data from Omdia, the prices of all sizes of TV and monitor panels will return to manufacturers’ cash costs by the end of this quarter. This means that panel makers will no longer ship at a loss, and TV and display panel products will be profitable.
▲ Image source TrendForce
According to the report, in the past three months, the accumulative increase of TV and display products of all sizes has been at least 10%, and the price increase of mainstream specifications of 55/65-inch panels has been as high as 26%. This trend has also attracted the attention of the industry. At present, the mainstream view is that TV and display panel manufacturers may continue to increase prices.
Previously, Innolux, a major panel manufacturer, notified customers in May that they would increase the price of display panels in an all-round way, and some customers have accepted the price increase. Omdia expects that the prices of display panels will increase across the board in May, and the prices of semi-finished TV and display panels may increase by US$1. Compared with the strength of TV and display panels, the price trend of mobile phone panels is relatively sluggish. The latest report from CINNO Research pointed out that with the arrival of the peak promotion season in the middle of the year, the stocking momentum of terminal brands has increased, and the demand for panels in the second quarter has continued to be strong. However, in order to reduce costs, brand customers mostly stock up at low prices in advance. It continues in the second quarter. Whether the price will bottom out in the second half of the year still depends on the follow-up demand situation. In the short term, the price of mobile phone panels is still in a downward cycle.
Although the prices of TV and monitor panels have risen, considering the lag of panel price increases, consumers can find the right time to buy them in large-scale promotions such as 618 without worrying too much about price increases.
