Market research firm Qunzhi Consulting pointed out that since the fourth quarter, panel prices have gradually bottomed out. Due to active stocking by TV brands, the demand for TV panel stocking is better than expected. On the other hand, panel manufacturers continue to reduce capacity utilization, making supply in the fourth quarter. Decrease, the oversupply of the market is reduced.
The panel market was once oversupplied, and prices continued to fall. Many panel makers sought profit opportunities by reducing production or targeting niche products.
In this regard, research institute Jibang Technology pointed out that global panel makers are most active in reducing production capacity. Korean panel makers are the most active. Samsung Display (SDC) significantly reduced the capacity utilization of Korean 7th generation lines by more than 50% in September and October; The rate is 30 to 40%. LG Display (LGD) will also close some production capacity of the 7.5 and 8.5 generation lines.
Qunzhi Consulting estimates that the supply and demand ratio of global LCD TV panels will shrink to 6.2% in the fourth quarter. On the whole, there is only a slight oversupply, but the supply and demand of some sizes have become balanced.
Therefore, the prices of many panel sizes stopped falling and stabilized in October. With panel makers controlling production capacity, most LCD TV panel prices are expected to stabilize and stabilize in November.
Qunzhi Consulting pointed out that the price of 32-inch TV panels remained stable in late October, with an average price of about $ 33 per piece. Demand for 39.5 to 43 inches is strong, with an average price of about $ 61 each. The 39.5-inch stops falling and stabilized, and the average price of each piece is about $ 83.
In addition, the average price of a 43-inch panel is about $ 66, a decline of only $ 1. The 49-inch to 50-inch panel converged. The average price of 49-inch panels was $ 83 in October, a small drop of $ 1. The average price of 50-inch panels was $ 85, a small drop of $ 1. It is expected to stop falling in November.