lcd panel manufacturer in india pricelist

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Sector 1, Noida, Dist. Gautam Budh Nagar Ground Floor, 101, Main Bisrakh Road, Near Idgah, Haldoni, Sector 1, Noida - 201301, Dist. Gautam Budh Nagar, Uttar Pradesh

Lower Parel, Mumbai 1st Floor, 105, Senapati Bapat Marg, Near Phonix Mills, Adhyaru Industrial Estate, Lower Parel, Mumbai - 400013, Dist. Mumbai, Maharashtra

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Goregaon West, Mumbai Shop No. 4, A Wing, Neptune CHS, Vasant Galaxy Bangur Nagar, Goregaon West, Goregaon West, Mumbai - 400104, Dist. Mumbai, Maharashtra

Grand Road (East), Mumbai 7/16, Ground Floor, Kamat Building, Shamrao Vitthal Lane, Lemington Road, Grand Road (East), Mumbai - 400007, Dist. Mumbai, Maharashtra

Grant Road East, Mumbai 104, Trimurti Building, 1st Floor 18, Tribhuwan Road, Off Lamington Road, Grant Road East, Mumbai - 400007, Dist. Mumbai, Maharashtra

Girgaon, Mumbai Shop No. 102, 1st Floor, Rajdeep Building Tara Temple Lane, Lamington Road, Grant Road East, Girgaon, Mumbai - 400007, Dist. Mumbai, Maharashtra

Mumbai 23, Ground Floor, Gandhi Bhavan, Chunam Lane,Lamington Road, Grant Road East Chunam Lane, Lamington Road, Mumbai - 400007, Dist. Mumbai, Maharashtra

Thane Shop No Sb-33, 2nd Floor, High Street Mall , High Land Corporate Centre Near Goenka International School , Majiwade Gb Road, Kapur Bawdi, Thane - 400607, Dist. Thane, Maharashtra

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Searching for the best TFT LCD module manufacturers in India? Well, that is admittedly a daunting task. With the growing number of TFT LCD display suppliers and manufacturers, it’s truly hard to pick which ones are reputable and which ones are not.

STONE Technologies is a proud manufacturer of superior quality TFT LCD modules and LCD screens. The company also provides intelligent HMI solutions that perfectly fit in with its excellent hardware offerings.

There is also a downloadable design software called STONE Designer. This is a completely free GUI design software you can use to create responsive digital module-ready user interfaces.

STONE TFT LCD modules come with a microcontroller unit that has a 1GHz Cortex-A8 CPU. Such a module can easily be transformed into an HMI screen. Simple hexadecimal instructions can be used to control the module through the UART port. Furthermore, you can seamlessly develop STONE TFT LCD color user interface modules and add touch control, features to it.

You can also use a peripheral MCU to serially connect STONE’s HMI display via TTL. This way, your HMI display can supply event notifications and the peripheral MCU can then execute them. Moreover, this TTL-connected HMI display can further be linked to microcontrollers such as:

Becoming a reputable TFT LCD manufacturer is no piece of cake. It requires a company to pay attention to detail, have excellent manufacturing processes, the right TFT display technology, and a consumer’s mindset.

Hence, we’ve rounded up 7 famous and reputable Indian LCD module manufacturers. These companies all produce quality display and screen-related products such as:

Videocon Industries Ltd is a well-known Indian manufacturer of TFT display modules, color TVs, home appliances, and consumer electronics. Videocon is a large company based in Mumbai, India.

Videocon has several manufacturing plants across different countries. It also boasts of several brands under its name, including Videocon Telecom, DigiWorld, Next, and Planet M.

The company takes pride in being India’s pioneer in color TV production and retail. Before the advent of the TFT display module, Videocon has been the world’s third-largest picture tube (CRT) manufacturer.

Videocon is popular for its high-quality products. Videocon manufactures an LCD display screen for LCD TV sets. A lot of Indians trust Videocon’s television sets.

Videocon assembles and manufactures their TFT LCD module products in world-class factories. The company’s main factories are in India. However, they also have manufacturing plants in Mainland China, Mexico, Poland, and Italy.

All of Videocon’s TFT LCD display products passed strict quality control checks. Testing is done throughout the entire manufacturing and assembly process. Furthermore, quality checks are done from the raw materials phase until the products’ release.

Videocon’s TFT display screens and TVs are affordable of good quality. The company knows how to manufacture quality TV sets at pocket-friendly prices since it is a pioneer in the Indian color TV industry.

Videocon’s mobile phone range is equipped with the latest touch LCD display technology. Smartphones are assembled in the company’s TFT touch screen factory. Hence, customers are ensured of high-performance mobile phones with a crisp touch screen LCD display.

To sum it up, Videocon Industries Limited is a strong TFT LCD display manufacturer. The company’s quality manufacturing plants, good end-products, and affordable prices make it among the famous TF LCD manufacturers in India.

Teronix is an Indian electronics company based in New Delhi. It specializes in TV sets with LED and LCD screen module technology. The company also offers a range of smart mobiles and power banks.

Teronix has been in the electronics industry since 2017. But the company has proven that it has what it takes to be a reputable LCD manufacturer in India. Teronix has risen to popularity among Indian consumers because of the following qualities:

The company’s products are all high-quality and durable. Teronix sees to it that its range of smart LCD and LED TVs, along with their other products, reach their customers in good condition, and perform at their best all the time.

Teronix knows that good quality LCD module and other electronic parts are the cores of high-performance products. Hence, their assembly and product research units are stocked with the latest technology to produce the best possible products. Furthermore, Teronix’s research and assembly hubs are strategically located in Delhi.

Special teams are assigned to run quality control tests for all of Teronix’s products. Tests are done before and after launch to ensure that their LED TV range and power banks are all working well with no defects. Also, Teronix has a minimum quality test duration of 3 years.

BPL Limited is a recognized Indian leader in health care equipment and consumer electronics. The Bangalore-based company operates business groups which include:

The company started manufacturing televisions and telecom equipment in the 1980s. BPL joined forces with Japanese company Sanyo in 2006 to strengthen BPL’s consumer electronics brand, including TF-LCD display products and color televisions. The joint venture ended in 2007, leaving BPL to focus on its healthcare equipment sector.

1.  BPL takes pride in its superior-quality television sets. The TVs are made with combinations of TFT-LCD display and LED output. The products are manufactured by third-party TFT LCD suppliers. Then, the TV parts are assembled at a plant in Baddi, Himachal Pradesh.

2. BPL also takes the lead when it comes to medical display equipment. BPL uses different combinations of TFT display, VGA output, LED, and touch LCD display to manufacture the following devices:

3. The company upholds strict quality standards in all TFT LCD display products. This is achieved through quality tests at all stages of production and assembly. Even the third-party suppliers providing the raw materials for TFT-LCD modules are required to run through tests to ensure quality.

4. BPL is known to create innovative products ever since its heydays. This continues up to now, as BPL strives to improve market research to manufacture better televisions, consumer electronics, and healthcare equipment.

In a nutshell, BPL continues to be an industry leader in India’s consumer electronics and medical equipment industries. BPL provides households and health facilities with top-notch TFT-LCD display module sets used in televisions and health monitoring equipment. And in recent years, BPL has clearly shown no signs of slowing down.

Dixon Technologies Limited is a long-standing company providing consumer electronics, LED and LCD TVs, light fixtures, appliances, mobile phones, and CCTV systems. The company was founded in 1993 with its current headquarters in New Delhi and Uttar Pradesh.

Dixon’s creed is providing consumers with world-class products at affordable prices. Consequently, the company is among the top TFT LCD manufacturers in India because:

Dixon is proud to create its products in local factories. For instance, the company has an LCD display module factoryin Tirupati, Andhra Pradesh. Furthermore, the company also operates three facilities in Uttarakhand and three more in Noida, Uttar Pradesh.

Dixon is an Original Design Manufacturer (ODM) company. This means that the company takes its designs from its Research and Development Center. Eventually, Dixon turns them into original products that stand out on the market.

Reasonable prices also make Dixon’s LCD module products and TVs appealing to the public. Couple that with features that are on par with the world’s best TV sets. Dixon believes that quality shouldn’t be sacrificed at the expense of affordability.

In conclusion, Dixon Technologies (India) Limited is among India’s famous TFT LCD manufacturers simply because it provides original, feature-packed, high-quality, and pocket-friendly products to both tech companies and end-consumers.

Oriole Electronics is an electronics company based in Mumbai. It was established in 1972 and is among the famous long-standing TFT LCD manufacturers in India.

Oriole is an Original Equipment Manufacturer (OEM). Hence, the company produces high-quality products marketed under its name. However, product parts and components are sourced from reputable third-party suppliers.

Oriole’s strongest quality lies in its extensive experience in the TFT LCD and electronics industry. The company’s experience puts them at an edge against many younger industry competitors. All these thanks to several insights and expertise the company collected since 1972.

Furthermore, Oriole is dedicated to meeting its client’s needs as much as it can. The company partners with its customers throughout the product cycle, making sure that client inputs are incorporated into the products’ final design and functionality. This type of customer partnership uniquely reflects Oriole’s commitment to creating products that truly meet its customers’ various needs.

Another Oriole advantage is its in-house Research and Development team. Oriole’s R&D team conceptualizes products for its customers. They also formulate quality control guidelines that are strictly implemented during the production and testing phases. All these things are done to ensure the highest quality of Oriole’s TFT, LCD modules, and other product ranges.

Speaking of quality, Oriole is also ISO 9001:2008 certified. This credential ultimately proves the company’s utmost dedication to quality processes. Also, this ensures consistent operations of Oriole’s TFT LCD display factory network throughout India.

To wrap it all up, Oriole Electronics is indeed a quality display module manufacturer in India. Superior quality products, customized services, and affordable rates – all of these are testaments to Oriole’s good reputation.

RandServ proudly provides and even encourages custom manufacturing services. The company responds to unique client needs by creating LCD display modules and designs according to customer requirements. RandServ lets clients specify custom shapes, display sizes, and interactive touch support integration.

Another good point of RandServ is its superior-quality product range. The company may be new to the industry, but its products are made with world-class technology and attention to detail. RandServ’s electronic, TFT, LCD, and LED technologies make their end-products among the most long-lasting and robust electronic/digital products in the Indian market today.

Businesses across several industries tend to neglect ethical business practices. But not RandServ. The company takes pride in its clean business practices and integrity. Commitment to ethical standards enabled RandServ to steadily grow as a reputable LCD screen manufacturer.

In conclusion, RandServ Systems deserves a spot in our 7 famous TFT LCD manufacturers list mainly because of three things – cutting-edge LCD and digital products, customized client services, and high regard for ethical business practices.

Royal Display India is a reputable TFT display supplier and manufacturer based in Mumbai. Royal Display is relatively new, being in the business since 2003. But the company didn’t let their newness stop them from growing into a successful LCD display supplier and manufacturer.

A major factor that Royal Display holds in regard is value for money. The company keeps this in mind when creating and supplying display modules to their clients. Furthermore, Royal Display firmly believes that people need not shell out several bucks to get world-class quality products.

Another considerable advantage of Royal Display is its spacious manufacturing and warehousing units. Both are located in Maharashtra. The manufacturing unit boasts of specialized techniques used to produce modules for TFT, LCD, and OLED. Meanwhile, the warehouse unit is large enough to accommodate bulk orders from clients.

To wind this up, Royal Display is a young yet quality manufacturer for LCD modules and other related display screens in India. The company continues to grow with its plethora of quality display products coupled with many satisfied clients.

To conclude, Teronix is a young but reputable and promising LCD manufacturer in India. Lots of satisfied customers flock to them because of their dedication to high-quality products and top-notch manufacturing technologies.

To conclude this post, we’ve rounded up 7 Famous TFT LCD Manufacturers in India. Some of them are industry pioneers, while some are novices. However, we’re sure all these reputable companies will be a good source of products for all your display module needs.

STONE provides a full range of 3.5 inches to 15.1 inches of small and medium-size standard quasi TFT LCD module, LCD display, TFT display module, display industry, industrial LCD screen, under the sunlight visually highlight TFT LCD display, industrial custom TFT screen, TFT LCD screen-wide temperature, industrial TFT LCD screen, touch screen industry. The TFT LCD module is very suitable for industrial control equipment, medical instruments, POS system, electronic consumer products, vehicles, and other products.

Nikkei Asia reported on the 21st that the price of LCD panels for Smart TVs kept falling. Among the prices in June, that has been determined by panel manufacturers in China, Taiwan, South Korea, and TV manufacturer, the 55-inch Opencell price has decreased. The wholesale price of semi-finished products without backlight fell around 6 percent from May to around $90. The price has been declining for 11 consecutive months, continuing to rewrite the record low since the survey began in 2006.  The price of 32-inch products for small-size TVs also dropped by 15 percent, setting a new record low.

The report points out that the price of TV LCD panels will continue to fall. Apparently, one of the strong reasons is continuous inflation. The continuous inflation has been deeply engulfing the world. The continuous health concerns, and the war, are leading to a major slowdown in the economy. There are rising doubts about the demand for TVs as the customer’s needs are changing. For instance, people are now considering essential goodies rather than spending on electronics when they already have one. For example, one user with a good Smart TV will think twice before upgrading to a new model just because yes. If the old model is serving well, then there is no real reason to upgrade due to technological upgrades.

However, there is still hope for small TVs. According to reports, panel factories in mainland China are reportedly expanding the production of 32-inch LCD panels. In the past, 55-inch products were the main priority due to their higher profit margin. However, the 55-inch panels now sit in unsatisfactory market conditions. Therefore, the factories will expand the supply of small products. After all, these smart TVs are commercialized at lower prices. Furthermore, some users are willing to save money no matter the display’s size.

We’ll keep following the supply chain reports for more details. However, we are probably seeing the beginning of a hard time for TV manufacturers. This is at a time when several smartphone makers have entered this segment.

Samsung, which always has been a strong maker in the LCD business, is shutting down the division.The company will focus on OLED and upcoming technologies. However, we don’t know if the costlier OLED TVs are in a better situation.

New Vision Display is a custom LCD display manufacturer serving OEMs across diverse markets. One of the things that sets us apart from other LCD screen manufacturers is the diversity of products and customizations we offer. Our LCD portfolio ranges from low-cost monochrome LCDs to high-resolution, high-brightness color TFT LCDs – and pretty much everything in between. We also have extensive experience integrating LCD screen displays into complete assemblies with touch and cover lens.

Sunlight readable, ultra-low power, bistable (“paper-like”) LCDs. Automotive grade, wide operating/storage temperatures, and wide viewing angles. Low tooling costs.

Among the many advantages of working with NVD as your LCD screen manufacturer is the extensive technical expertise of our engineering team. From concept to product, our sales and technical staff provide expert recommendations and attentive support to ensure the right solution for your project.

In addition, our extensive technology portfolio and manufacturing capabilities enable us to deliver high-quality products that meet the unique specifications of any application. To learn more about what makes us the display manufacturer for your needs, get in touch with us today.

As a leading LCD panel manufacturer, NVD manufactures custom LCD display solutions for a variety of end-user applications: Medical devices, industrial equipment, household appliances, consumer electronics, and many others. Our state-of-the-art LCD factories are equipped to build custom LCDs for optimal performance in even the most challenging environments. Whether your product will be used in the great outdoors or a hospital operating room, we can build the right custom LCD solution for your needs. Learn more about the markets we serve below.

Ready to get started or learn more about how we can help your business? Call us at +1-855-848-1332 or fill out the form below and a company representative will be in touch within 1 business day.

For over 20 years we"ve been helping clients worldwide by designing, developing, & manufacturing custom LCD displays, screens, and panels across all industries.

Newhaven Display has extensive experience manufacturing a wide array of digital display products, including TFT, IPS, character displays, graphic displays, LCD modules, COG displays, and LCD panels. Along with these products, we specialize in creating high-quality and affordable custom LCD solutions. While our focus is on high-quality LCD products, we also have a variety of graphic and character OLED displays we manufacture.

As a longtime leader in LCD manufacturing, producing top-quality LCD modules and panels is our highest priority. At Newhaven Display, we’re also incredibly proud to uphold our reputation as a trusted and friendly custom LCD manufacturing company.

As a custom LCD manufacturing company, we ensure complete control of our custom displays" reliability by providing the industry"s highest quality standards. Our design, development, production, and quality engineers work closely to help our clients bring their products to life with a fully custom display solution.

Our excellent in-house support sets Newhaven Display apart from other display manufacturers. Modifications in the customization process are completed at our Illinois facility, allowing us to provide an exceptionally fast turnaround time.

Customer support requests sent by phone, email, or on our support forum will typically receive a response within 24 hours. For custom LCD project inquiries, our response time can take a few days or weeks, depending on the complexity of your display customization requirements. With different production facilities and a robust supply chain, we are able to deliver thefastest turnaround times for display customizations.

We work hard to ensure that personalized support is available and highly reliable. Our extended support center is available through our website, including example codes, IC datasheets, font tables, engineering changes, a video library, and answers to frequently asked questions. You can visit our knowledge center and community forum, where you can find answers, browse topics, and talk to other engineers in the display and electronics field.

Our excellent in-house support and custom display modifications set Newhaven Display apart from other LCD display manufacturers. From TFTs, IPS, sunlight readable displays, HDMI modules, EVE2 modules, to COG, character, and graphic LCDs, our modifications in the customization process are completed at our Illinois facility, allowing us to provide quality and fast turnaround times.

As a display manufacturer, distributor, and wholesaler, we are able to deliver the best quality displays at the best prices. Design, manufacturing, and product assembly are completed at our headquarters in Elgin, Illinois. Newhaven Display International ensures the best quality LCD products in the industry in this newly expanded facility with a renovated production and manufacturing space.

With assembly facilities in the US, manufacturing facilities in China, and distribution channels worldwide, we pride ourselves on delivering high-quality custom display solutions quickly to locations worldwide.

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Android, Google, Google Play, Nexus and other marks are trademarks of Google LLC. The Android robot is reproduced or modified from work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License. Oreo is a trademark of Mondelez International, Inc. group.

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Advanced LED video wall with MicroLED models in 0.6, 0.7 and 0.9mm pixel pitches, and 1.2mm pixel pitch standard LED; with powerful processing, proprietary alignment technology and off-board electronics.

Planar® CarbonLight™ VX Series is comprised of carbon fiber-framed indoor LED video wall and floor displays with exceptional on-camera visual properties and deployment versatility, available in 1.9 and 2.6mm pixel pitch (wall) and 2.6mm (floor).

From cinema content to motion-based digital art, Planar® Luxe MicroLED Displays offer a way to enrich distinctive spaces. HDR support and superior dynamic range create vibrant, high-resolution canvases for creative expression and entertainment. Leading-edge MicroLED technology, design adaptability and the slimmest profiles ensure they seamlessly integrate with architectural elements and complement interior décor.

From cinema content to motion-based digital art, Planar® Luxe Displays offer a way to enrich distinctive spaces. These professional-grade displays provide vibrant, high-resolution canvases for creative expression and entertainment. Leading-edge technology, design adaptability and the slimmest profiles ensure they seamlessly integrate with architectural elements and complement interior decor.

Advanced LED video wall with MicroLED models in 0.6, 0.7 and 0.9mm pixel pitches, and 1.2mm pixel pitch standard LED; with powerful processing, proprietary alignment technology and off-board electronics.

From cinema content to motion-based digital art, Planar® Luxe MicroLED Displays offer a way to enrich distinctive spaces. HDR support and superior dynamic range create vibrant, high-resolution canvases for creative expression and entertainment. Leading-edge MicroLED technology, design adaptability and the slimmest profiles ensure they seamlessly integrate with architectural elements and complement interior décor.

Advanced LED video wall with MicroLED models in 0.6, 0.7 and 0.9mm pixel pitches, and 1.2mm pixel pitch standard LED; with powerful processing, proprietary alignment technology and off-board electronics.

LED video wall solution with advanced video wall processing, off-board electronics, front serviceable cabinets and outstanding image quality available in 0.9mm pixel pitch

Planar® CarbonLight™ VX Series is comprised of carbon fiber-framed indoor LED video wall and floor displays with exceptional on-camera visual properties and deployment versatility, available in 1.9 and 2.6mm pixel pitch (wall) and 2.6mm (floor).

Carbon fiber-framed indoor LED video wall and floor displays with exceptional on-camera visual properties and deployment versatility for various installations including virtual production and extended reality.

a line of extreme and ultra-narrow bezel LCD displays that provides a video wall solution for demanding requirements of 24x7 mission-critical applications and high ambient light environments

Since 1983, Planar display solutions have benefitted countless organizations in every application. Planar displays are usually front and center, dutifully delivering the visual experiences and critical information customers need, with proven technology that is built to withstand the rigors of constant use.

Samsung’s display-making subsidiary, Samsung Display initially decided to shut down its LCD business by the end of 2020. The company was reportedly forced to reconsider after the demand for LCD panels increased in the post-pandemic (Covid-19) period. In 2021, more reports suggested that the company again decided to stop producing LCD panels, but Samsung didn’t stop making them. However, according to a report by Sammobile, Samsung Display is now finally ready to shut down its LCD production. The report also suggests that Samsung is now buying LCD panels from China.

As per the report, Samsung might be planning to shut down LCD panel production in June as it doesn’t align with Samsung Display’s long-term vision for the business. The company plans to substitute LCD panels with Quantum Dot (QD-OLED) displays as Samsung recently repurposed an obsolete LCD plant to produce OLED panels.

The company is not willing to compete in a market that’s dominated by affordable panels from Chinese and Taiwanese counterparts. The falling prices of LCD are also preventing Samsung from continuing production, the report claims.

Samsung Display’s largest buyer was the consumer electronics arm of the conglomerate, Samsung Electronics. However, the company itself is opting for affordable LCD panels from Chinese and Taiwanese suppliers. Samsung Display is expected to primarily focus on the manufacturing of Quantum Dot and OLED displays after its LCD business shuts down. The employees appointed for the LCD production are also likely to be transferred to the QD division.

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Large LCD panel prices have been continuously increasing for last 10 months due to an increase in demand and tight supply. This has helped the LCD industry to recover from drastic panel price reductions, revenue and profit loss in 2019. It has also contributed to the growth of QD and miniLED LCD TV. Strong LCD TV panel demand is expected to continue in 2021, but component shortages, supply constraints, and very high panel price increase can still create uncertainties.

It was earlier anticipated that price increases would decelerate in 2Q, but now the price increase is accelerating compared to 1Q, according to a research by DSCC. Panel prices increased by 27 percent in 4Q20 compared to 3Q and slowed down to 14.5 percent in 1Q21 compared to 4Q, but the current estimate is that average LCD TV panel prices in 2Q21 will increase by another 17 percent. The prices are expected to peak sometime in 3Q21.

There has been a surge in prices across the board from a low in May 2020 to a high point in June 2021 which does not represent the peak. There have been multiple inflection points for this cycle: the first inflection point, the month of the biggest MoM price increases, was passed in September 2020, and the price increase slowed down, then started to accelerate again in January 2021, and there is another slowdown starting in May 2021. Prices in May 2021 have reached levels last seen in July 2017.

Prices increased in 1Q21 for all sizes of TV panels, with double-digit percentage increases in sizes from 32- to 65-inch ranging from 12-18 percent. Prices for 75-inch increased by 8 percent as capacity has continued to increase on Gen 10.5 lines, where 75-inch is an efficient six-cut. Prices for every size of TV panel will continue to increase in 2Q at an even faster rate, ranging from 12 percent for 75-inch to 24 percent for 32-inch. The prices are expected to continue to increase in 3Q.

The current upturn in the crystal cycle has seen the biggest trough-to-peak price increases for LCD TV panels, and the recent acceleration of prices has further extended this record. Comparing the forecast for June 2021 panel prices with the prices in May 2020, there is a trough-to-peak increases from 34 percent for 75-inch to 181 percent for 32-inch, with an average of 111 percent. In comparison, the average trough-to-peak increase of the 2016 to 2017 cycle was 48 percent, and prior cycles saw smaller increases.

Before the current upswing, the largest panels sold with an area premium, but the current cycle has flipped that upside down. Whereas in May 2020, 75-inch panels sold at an area premium of USD 77 per square meter higher than the 32-inch panel price, as of May 2021, they are selling at a USD 65 discount on an area basis. This means that those Gen 10.5 fabs could earn higher revenues from making 32-inch panels than from 75-inch panels. The pattern for 65-inch is even more severe, and 65-inch is now selling at a USD 69 per square meter discount (alternately, a 22% area discount) compared to 32-inch.

The improved pricing for LCD TV panels has already improved the profitability of panel makers. It will continue to drive their profits even higher, especially the two prominent Taiwanese players, who have Gen 7.5 and Gen 8.5 fabs but no Gen 10.5 fabs. Chinese panel makers HKC and CHOT have a similar industrial profile and stand to benefit greatly as well. The leading companies with Gen 10.5 fabs (BOE, CSOT and Foxconn/Sharp) stand to benefit less because the price increases on the largest sizes are more modest, but every LCD panel maker is doing well.

TV price index has increased from its all-time low of 42 in May 2020 to 87 in May 2021, and it is expected to reach 89 in June and over 90 in 3Q21 before declining in 4Q. The YoY increase has surpassed 100 percent in May 2021. It will remain at elevated levels throughout the second half of 2021.

In addition to being an exceptionally large upcycle, the current upswing matches some of the longest stretches of increasing prices ever seen, more than a full year from trough to peak. The length of the upswing can be attributed to several factors: glass and driver IC shortages, the pandemic-driven demand or the potential for Korean fab downsizing.

TV makers continued to make strong profits in 1Q21 despite increasing panel prices. The TV market typically slows down in 1Q and 2Q. TV maker revenues declined seasonally in 1Q but less than usual, and the operating margins for both Samsung and LGE increased sequentially. Samsung’s CE division operating profits exceeded USD 1 billion for the quarter for only the second time ever. With demand remaining strong, TV makers have weathered the increase in panel prices and remained very profitable.

There is a surge in LCD equipment spending to respond to dramatically improved market conditions in the LCD market. DSCC sees LCD revenues rising 32 percent in 2021 to USD 112 billion on strong unit and area growth with prices and profitability rebounding to or even exceeding the 2017 levels. With LCD suppliers able to sell everything they can make at attractive margins; it should be no surprise that most LCD manufacturers are looking to expand capacity.

However, unlike previous upturns when many new fabs were built, in this upturn panel suppliers are looking to stretch their capacity through smaller investments, simplifying their processes and debottlenecking. Having said that, there will be two new Gen 8.6 mega fabs being built. The result versus last quarter is a 10 percent or a USD 2.2 billion increase in 2020-2024 LCD spending from USD 21.8 billion to USD 24 billion. The 2021 LCD equipment spending forecast is up 15 percent versus last quarter’s forecast to USD 10 billion, with 2021 LCD equipment spending up 125 percent versus 2021. In addition, 2022 was upgraded by 28 percent to USD 3.5 billion.

Although there is a healthy upgrade in LCD equipment spending in 2021 and 2022, the outlook for 2022-2024 spending is still significantly lower than in previous years, resulting in tighter capacity and slower price reductions in the next downturn. In addition, with Korean LCD suppliers expected to reduce their LCD capacity and convert to potentially higher margin OLEDs, the outlook for LCD pricing and profitability looks quite healthy, which may result in even more equipment spending, especially as miniLEDs gain acceptance.

An unfortunate and untimely string of accidents has created a historic tight glass market and caused a very unusual industry average price increase of several percent. In last few months top glass suppliers Corning, NEG, and AGC have all experienced production problems. A tank failure at Corning, a power outage at NEG, and an accident at an AGC glass plant all resulted in glass supply constraints when demand and production has been increasing.

In March 2021 Corning announced its plan to increase glass prices in 2Q21. Corning has also increased supply by starting glass tank in Korea to supply China’s Gen 10.5 fabs that are ramping up. Most of the growth in capacity is coming from Gen 8.6 and Gen 10.5 fabs in China.

Besides glass there have been other component shortages including driver ICs and polarizers. The lack of investment in polarizers and base films in 2019 caught the industry off guard when demand turned around in 2020. Multiple other materials are also in tight supply and are affecting different makers in different ways, supporting inflationary price trends.

Widespread component supply shortages could impact availability on LCD TV panels from CSOT and Innolux. The display panel manufacturers have warned that supplies of panels are expected to be tight throughout the year.

According to Li Dongsheng, chairman, TCL, panel shortages will continue in 1H21, following conditions already hampered last year during the start of the COVID-19 pandemic. The situation for 2H21 remains to be seen but for 2021 overall panel supply will be tight.

James Yang, president, Innolux, has warned of a shortage in LCD panels caused by strong demand for LCD coming out of the global crisis and the conditions are expected to continue through 2021. Innolux has seen shortages in LCD components including power semiconductors, driver ICs and glass substrates that have kept production below capacity. Shortages of ICs and semiconductors could continue right up to the 1H22.

Ironically, prior to the run-on LCD panel supplies, manufacturers were faced with the dilemma of overproduction causing a glut in inventory, which was driving prices artificially lower. This was the result of giant new LCD fabs coming online in China and other areas of Asia.

Panel makers, being cognizant of that threat, are expected to produce panels at a more tempered pace to keep margins healthy. LCD panel prices continued to rise in March after moving up in February.

Almost all Chinese panel makers are doing everything they can to incrementally increase their current factories’ capacities through productivity enhancements and new equipment purchases for debottlenecking or capacity expansions. For the same reasons, South Korean panel makers continue to delay shutting down their domestic LCD TV factories.

TV manufacturers have been moving aggressively to replenish inventories of LCD panels to meet strong sales of TVs and other devices to meeting escalating demand, particularly in the United States and Europe.

An increase in demand for larger size TVs in 2H20 combined with component shortages has pushed the market to supply constraint and caused continuous panel price increases from June 2020 to March 2021. The panel price increase resulting in higher costs for TV brands. It has also made it difficult for lower priced brands to acquire enough panels to offer lower priced TVs. Further, panel suppliers are giving priority to top brands with larger orders during supply constraint.

For 3 years, from 2017 to 2020, LCD panel makers suffered through a continuous pattern of price declines interrupted only with brief respites. With the COVID-19 demand surge assisted by shortages in glass and DDICs, panel prices are spiking. Korean, Taiwanese, and Chinese panel makers are reporting robust margins in 1Q 2021 and the good news is anticipated for panel makers to get even better in 2Q.

Although multiple caveats remain about how both supply and demand will trend over the coming months, the modeled glut level is a leading indicator that the next cycle is now on its way, which implies falling prices, utilization, and profitability. Industry players should consider the implications when planning business strategies for the next 2 years.

A plasma display panel (PDP) is a type of flat panel display that uses small cells containing plasma: ionized gas that responds to electric fields. Plasma televisions were the first large (over 32 inches diagonal) flat panel displays to be released to the public.

Until about 2007, plasma displays were commonly used in large televisions (30 inches (76 cm) and larger). By 2013, they had lost nearly all market share due to competition from low-cost LCDs and more expensive but high-contrast OLED flat-panel displays. Manufacturing of plasma displays for the United States retail market ended in 2014,

Plasma displays are bright (1,000 lux or higher for the display module), have a wide color gamut, and can be produced in fairly large sizes—up to 3.8 metres (150 in) diagonally. They had a very low luminance "dark-room" black level compared with the lighter grey of the unilluminated parts of an LCD screen. (As plasma panels are locally lit and do not require a back light, blacks are blacker on plasma and grayer on LCD"s.)LED-backlit LCD televisions have been developed to reduce this distinction. The display panel itself is about 6 cm (2.4 in) thick, generally allowing the device"s total thickness (including electronics) to be less than 10 cm (3.9 in). Power consumption varies greatly with picture content, with bright scenes drawing significantly more power than darker ones – this is also true for CRTs as well as modern LCDs where LED backlight brightness is adjusted dynamically. The plasma that illuminates the screen can reach a temperature of at least 1200 °C (2200 °F). Typical power consumption is 400 watts for a 127 cm (50 in) screen. Most screens are set to "vivid" mode by default in the factory (which maximizes the brightness and raises the contrast so the image on the screen looks good under the extremely bright lights that are common in big box stores), which draws at least twice the power (around 500–700 watts) of a "home" setting of less extreme brightness.

Plasma screens are made out of glass, which may result in glare on the screen from nearby light sources. Plasma display panels cannot be economically manufactured in screen sizes smaller than 82 centimetres (32 in).enhanced-definition televisions (EDTV) this small, even fewer have made 32 inch plasma HDTVs. With the trend toward large-screen television technology, the 32 inch screen size is rapidly disappearing. Though considered bulky and thick compared with their LCD counterparts, some sets such as Panasonic"s Z1 and Samsung"s B860 series are as slim as 2.5 cm (1 in) thick making them comparable to LCDs in this respect.

Wider viewing angles than those of LCD; images do not suffer from degradation at less than straight ahead angles like LCDs. LCDs using IPS technology have the widest angles, but they do not equal the range of plasma primarily due to "IPS glow", a generally whitish haze that appears due to the nature of the IPS pixel design.

Less visible motion blur, thanks in large part to very high refresh rates and a faster response time, contributing to superior performance when displaying content with significant amounts of rapid motion such as auto racing, hockey, baseball, etc.

Superior uniformity. LCD panel backlights nearly always produce uneven brightness levels, although this is not always noticeable. High-end computer monitors have technologies to try to compensate for the uniformity problem.

Unaffected by clouding from the polishing process. Some LCD panel types, like IPS, require a polishing process that can introduce a haze usually referred to as "clouding".

Earlier generation displays were more susceptible to screen burn-in and image retention. Recent models have a pixel orbiter that moves the entire picture slower than is noticeable to the human eye, which reduces the effect of burn-in but does not prevent it.

Due to the bistable nature of the color and intensity generating method, some people will notice that plasma displays have a shimmering or flickering effect with a number of hues, intensities and dither patterns.

Earlier generation displays (circa 2006 and prior) had phosphors that lost luminosity over time, resulting in gradual decline of absolute image brightness. Newer models have advertised lifespans exceeding 100,000 hours (11 years), far longer than older CRTs.

Uses more electrical power, on average, than an LCD TV using a LED backlight. Older CCFL backlights for LCD panels used quite a bit more power, and older plasma TVs used quite a bit more power than recent models.

For those who wish to listen to AM radio, or are amateur radio operators (hams) or shortwave listeners (SWL), the radio frequency interference (RFI) from these devices can be irritating or disabling.

Fixed-pixel displays such as plasma TVs scale the video image of each incoming signal to the native resolution of the display panel. The most common native resolutions for plasma display panels are 852×480 (EDTV), 1,366×768 and 1920×1080 (HDTV). As a result, picture quality varies depending on the performance of the video scaling processor and the upscaling and downscaling algorithms used by each display manufacturer.

Early plasma televisions were enhanced-definition (ED) with a native resolution of 840×480 (discontinued) or 852×480 and down-scaled their incoming high-definition video signals to match their native display resolutions.

The following ED resolutions were common prior to the introduction of HD displays, but have long been phased out in favor of HD displays, as well as because the overall pixel count in ED displays is lower than the pixel count on SD PAL displays (852×480 vs 720×576, respectively).

Early high-definition (HD) plasma displays had a resolution of 1024x1024 and were alternate lighting of surfaces (ALiS) panels made by Fujitsu and Hitachi.

Later HDTV plasma televisions usually have a resolution of 1,024×768 found on many 42 inch plasma screens, 1280×768 and 1,366×768 found on 50 in, 60 in, and 65 in plasma screens, or 1920×1080 found on plasma screen sizes from 42 inch to 103 inch. These displays are usually progressive displays, with non-square pixels, and will up-scale and de-interlace their incoming standard-definition signals to match their native display resolutions. 1024×768 resolution requires that 720p content be downscaled in one direction and upscaled in the other.

Ionized gases such as the ones shown here are confined to millions of tiny individual compartments across the face of a plasma display, to collectively form a visual image.

A panel of a plasma display typically comprises millions of tiny compartments in between two panels of glass. These compartments, or "bulbs" or "cells", hold a mixture of noble gases and a minuscule amount of another gas (e.g., mercury vapor). Just as in the fluorescent lamps over an office desk, when a high voltage is applied across the cell, the gas in the cells forms a plasma. With flow of electricity (electrons), some of the electrons strike mercury particles as the electrons move through the plasma, momentarily increasing the energy level of the atom until the excess energy is shed. Mercury sheds the energy as ultraviolet (UV) photons. The UV photons then strike phosphor that is painted on the inside of the cell. When the UV photon strikes a phosphor molecule, it momentarily raises the energy level of an outer orbit electron in the phosphor molecule, moving the electron from a stable to an unstable state; the electron then sheds the excess energy as a photon at a lower energy level than UV light; the lower energy photons are mostly in the infrared range but about 40% are in the visible light range. Thus the input energy is converted to mostly infrared but also as visible light. The screen heats up to between 30 and 41 °C (86 and 106 °F) during operation. Depending on the phosphors used, different colors of visible light can be achieved. Each pixel in a plasma display is made up of three cells comprising the primary colors of visible light. Varying the voltage of the signals to the cells thus allows different perceived colors.

The long electrodes are stripes of electrically conducting material that also lies between the glass plates in front of and behind the cells. The "address electrodes" sit behind the cells, along the rear glass plate, and can be opaque. The transparent display electrodes are mounted in front of the cell, along the front glass plate. As can be seen in the illustration, the electrodes are covered by an insulating protective layer.

Control circuitry charges the electrodes that cross paths at a cell, creating a voltage difference between front and back. Some of the atoms in the gas of a cell then lose electrons and become ionized, which creates an electrically conducting plasma of atoms, free electrons, and ions. The collisions of the flowing electrons in the plasma with the inert gas atoms leads to light emission; such light-emitting plasmas are known as glow discharges.

Relative spectral power of red, green and blue phosphors of a common plasma display. The units of spectral power are simply raw sensor values (with a linear response at specific wavelengths).

In a monochrome plasma panel, the gas is mostly neon, and the color is the characteristic orange of a neon-filled lamp (or sign). Once a glow discharge has been initiated in a cell, it can be maintained by applying a low-level voltage between all the horizontal and vertical electrodes–even after the ionizing voltage is removed. To erase a cell all voltage is removed from a pair of electrodes. This type of panel has inherent memory. A small amount of nitrogen is added to the neon to increase hysteresis.phosphor. The ultraviolet photons emitted by the plasma excite these phosphors, which give off visible light with colors determined by the phosphor materials. This aspect is comparable to fluorescent lamps and to the neon signs that use colored phosphors.

Every pixel is made up of three separate subpixel cells, each with different colored phosphors. One subpixel has a red light phosphor, one subpixel has a green light phosphor and one subpixel has a blue light phosphor. These colors blend together to create the overall color of the pixel, the same as a triad of a shadow mask CRT or color LCD. Plasma panels use pulse-width modulation (PWM) to control brightness: by varying the pulses of current flowing through the different cells thousands of times per second, the control system can increase or decrease the intensity of each subpixel color to create billions of different combinations of red, green and blue. In this way, the control system can produce most of the visible colors. Plasma displays use the same phosphors as CRTs, which accounts for the extremely accurate color reproduction when viewing television or computer video images (which use an RGB color system designed for CRT displays).

Plasma displays are different from liquid crystal displays (LCDs), another lightweight flat-screen display using very different technology. LCDs may use one or two large fluorescent lamps as a backlight source, but the different colors are controlled by LCD units, which in effect behave as gates that allow or block light through red, green, or blue filters on the front of the LCD panel.

To produce light, the cells need to be driven at a relatively high voltage (~300 volts) and the pressure of the gases inside the cell needs to be low (~500 torr).

Contrast ratio is the difference between the brightest and darkest parts of an image, measured in discrete steps, at any given moment. Generally, the higher the contrast ratio, the more realistic the image is (though the "realism" of an image depends on many factors including color accuracy, luminance linearity, and spatial linearity). Contrast ratios for plasma displays are often advertised as high as 5,000,000:1.organic light-emitting diode. Although there are no industry-wide guidelines for reporting contrast ratio, most manufacturers follow either the ANSI standard or perform a full-on-full-off test. The ANSI standard uses a checkered test pattern whereby the darkest blacks and the lightest whites are simultaneously measured, yielding the most accurate "real-world" ratings. In contrast, a full-on-full-off test measures the ratio using a pure black screen and a pure white screen, which gives higher values but does not represent a typical viewing scenario. Some displays, using many different technologies, have some "leakage" of light, through either optical or electronic means, from lit pixels to adjacent pixels so that dark pixels that are near bright ones appear less dark than they do during a full-off display. Manufacturers can further artificially improve the reported contrast ratio by increasing the contrast and brightness settings to achieve the highest test values. However, a contrast ratio generated by this method is misleading, as content would be essentially unwatchable at such settings.

Each cell on a plasma display must be precharged before it is lit, otherwise the cell would not respond quickly enough. Precharging normally increases power consumption, so energy recovery mechanisms may be in place to avoid an increase in power consumption.LED illumination can automatically reduce the backlighting on darker scenes, though this method cannot be used in high-contrast scenes, leaving some light showing from black parts of an image with bright parts, such as (at the extreme) a solid black screen with one fine intense bright line. This is called a "halo" effect which has been minimized on newer LED-backlit LCDs with local dimming. Edgelit models cannot compete with this as the light is reflected via a light guide to distribute the light behind the panel.

Image burn-in occurs on CRTs and plasma panels when the same picture is displayed for long periods. This causes the phosphors to overheat, losing some of their luminosity and producing a "shadow" image that is visible with the power off. Burn-in is especially a problem on plasma panels because they run hotter than CRTs. Early plasma televisions were plagued by burn-in, making it impossible to use video games or anything else that displayed static images.

Plasma displays also exhibit another image retention issue which is sometimes confused with screen burn-in damage. In this mode, when a group of pixels are run at high brightness (when displaying white, for example) for an extended period, a charge build-up in the pixel structure occurs and a ghost image can be seen. However, unlike burn-in, this charge build-up i