lcd panel catalogue pricelist

After a full year of rising LCD TV panel prices, the natural effect of rising prices on both supply and demand has kicked in, and prices are starting to fall, based on our latest update and forecast of LCD TV prices. The demand surge, which resulted from the COVID-19 pandemic, has eased and industry supply has caught up to demand. Prices in August and September are falling faster than expected and we now forecast that year-end prices will be lower than they were in December 2020, but still substantially higher than their all-time lows.

After the two months with the fastest price declines in the history of the industry in September and October, LCD TV panel prices continued to fall in November, but the pace of price decreases is slowing, and we expect that pattern to continue into 2022. After two months where the average decline in LCD TV panel prices exceeded 15%, the average decline in November among the seven TV sizes we track was “only” 6.4%. LCD TV panel prices have now lost most of the gains that they achieved in the long up-cycle from May 2020 to June 2021.

SEOUL, Oct 27 (Reuters) - South Korea"s LG Display Co Ltd (034220.KS) on Wednesday saw its third-quarter operating profit more than triple as strong television demand boosted panel prices but said it expects the buying spree prompted by the pandemic to slow next year.

"Panel shipments in the fourth quarter are expected to increase by mid-10% compared to the third quarter, with the delayed shipments affected by the industry’s component shortage ...while the prices of LCD TV panels are expected to remain on a downward trend," LG Display said in a statement.

"Panel makers including LG Display have enjoyed strong demand of their panels for both TVs and IT devices, including monitors and laptops, because people spent extra time amid COVID shutdowns, but such demand will likely ease as vaccinated people already have begun to spend less time in front of screens," said Park Sung-soon, an analyst at Cape Investment & Securities.

Prices of LG Display"s mainstay 55-inch liquid crystal display (LCD) panels for TV sets increased by about 57% in the third quarter year on year, market data from TrendForce"s WitsView showed.

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