chinese lcd panel manufacturers pricelist

LCD manufacturers are mainly located in China, Taiwan, Korea, Japan. Almost all the lcd or TFT manufacturers have built or moved their lcd plants to China on the past decades. Top TFT lcd and oled display manufactuers including BOE, COST, Tianma, IVO from China mainland, and Innolux, AUO from Tianwan, but they have established factories in China mainland as well, and other small-middium sizes lcd manufacturers in China.

China flat display revenue has reached to Sixty billion US Dollars from 2020. there are 35 tft lcd lines (higher than 6 generation lines) in China,China is the best place for seeking the lcd manufacturers.

The first half of 2021, BOE revenue has been reached to twenty billion US dollars, increased more than 90% than thesame time of 2020, the main revenue is from TFT LCD, AMoled. BOE flexible amoled screens" output have been reach to 25KK pcs at the first half of 2021.the new display group Micro LED revenue has been increased to 0.25% of the total revenue as well.

Established in 1993 BOE Technology Group Co. Ltd. is the top1 tft lcd manufacturers in China, headquarter in Beijing, China, BOE has 4 lines of G6 AMOLED production lines that can make flexible OLED, BOE is the authorized screen supplier of Apple, Huawei, Xiaomi, etc,the first G10.5 TFT line is made in BOE.BOE main products is in large sizes of tft lcd panel,the maximum lcd sizes what BOE made is up to 110 inch tft panel, 8k resolution. BOE is the bigger supplier for flexible AM OLED in China.

Technology Co., Ltd), established in 2009. CSOT is the company from TCL, CSOT has eight tft LCD panel plants, four tft lcd modules plants in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou and in India. CSOTproviding panels and modules for TV and mobile

three decades.Tianma is the leader of small to medium size displays in technologyin China. Tianma have the tft panel factories in Shenzhen, Shanhai, Chendu, Xiamen city, Tianma"s Shenzhen factory could make the monochrome lcd panel and LCD module, TFT LCD module, TFT touch screen module. Tianma is top 1 manufactures in Automotive display screen and LTPS TFT panel.

Tianma and BOE are the top grade lcd manufacturers in China, because they are big lcd manufacturers, their minimum order quantity would be reached 30k pcs MOQ for small sizes lcd panel. price is also top grade, it might be more expensive 50%~80% than the market price.

Panda electronics is established in 1936, located in Nanjing, Jiangshu, China. Panda has a G6 and G8.6 TFT panel lines (bought from Sharp). The TFT panel technologies are mainly from Sharp, but its technology is not compliance to the other tft panels from other tft manufactures, it lead to the capacity efficiency is lower than other tft panel manufacturers. the latest news in 2022, Panda might be bougt to BOE in this year.

Established in 2005, IVO is located in Kunsan,Jiangshu province, China, IVO have more than 3000 employee, 400 R&D employee, IVO have a G-5 tft panel production line, IVO products are including tft panel for notebook, automotive display, smart phone screen. 60% of IVO tft panel is for notebook application (TOP 6 in the worldwide), 23% for smart phone, 11% for automotive.

Besides the lcd manufacturers from China mainland,inGreater China region,there are other lcd manufacturers in Taiwan,even they started from Taiwan, they all have built the lcd plants in China mainland as well,let"s see the lcd manufacturers in Taiwan:

Innolux"s 14 plants in Taiwan possess a complete range of 3.5G, 4G, 4.5G, 5G, 6G, 7.5G, and 8.5G-8.6G production line in Taiwan and China mainland, offering a full range of large/medium/small LCD panels and touch-control screens.including 4K2K ultra-high resolution, 3D naked eye, IGZO, LTPS, AMOLED, OLED, and touch-control solutions,full range of TFT LCD panel modules and touch panels, including TV panels, desktop monitors, notebook computer panels, small and medium-sized panels, and medical and automotive panels.

AUO is the tft lcd panel manufacturers in Taiwan,AUO has the lcd factories in Tianma and China mainland,AUOOffer the full range of display products with industry-leading display technology,such as 8K4K resolution TFT lcd panel, wide color gamut, high dynamic range, mini LED backlight, ultra high refresh rate, ultra high brightness and low power consumption. AUO is also actively developing curved, super slim, bezel-less, extreme narrow bezel and free-form technologies that boast aesthetic beauty in terms of design.Micro LED, flexible and foldable AMOLED, and fingerprint sensing technologies were also developed for people to enjoy a new smart living experience.

Hannstar was found in 1998 in Taiwan, Hannstar display hasG5.3 TFT-LCD factory in Tainan and the Nanjing LCM/Touch factories, providing various products and focus on the vertical integration of industrial resources, creating new products for future applications and business models.

driver, backlight etc ,then make it to tft lcd module. so its price is also more expensive than many other lcd module manufacturers in China mainland.

Maclight is a China based display company, located in Shenzhen, China. ISO9001 certified, as a company that more than 10 years working experiences in display, Maclight has the good relationship with top tft panel manufacturers, it guarantee that we could provide a long term stable supply in our products, we commit our products with reliable quality and competitive prices.

Maclight products included monochrome lcd, TFT lcd module and OLED display, touch screen module, Maclight is special in custom lcd display, Sunlight readable tft lcd module, tft lcd with capacitive touch screen. Maclight is the leader of round lcd display. Maclight is also the long term supplier for many lcd companies in USA and Europe.

If you want tobuy lcd moduleorbuy tft screenfrom China with good quality and competitive price, Maclight would be a best choice for your glowing business.

(Yicai Global) June 13 -- BOE Technology Group, TCL China Star Optoelectronics Technology and other big Chinese liquid crystal display manufacturers are reducing output starting from this month to try and stop a freefall in prices caused by a global glut.

Panel makers are cutting production by 16 percent on average from this month, Rong Chaoping, senior researcher at market research firm AVC Revo, told Yicai Global. Television panel makers are expected to ship 3.6 million less panels than last month.

Panel makers will reduce capacity by between 15 and 20 percent this month, said Wu Rongbing, chief analyst at Chinese semiconductor intelligence service Omdia.

LCD TV display shipments from China’s five largest panel manufacturers accounted for 68.5 percent of the global market in April, a new high, and they were expected to exceed 70 percent this year, according to Omdia.

The global panel industry is expected to slash production by about 20 percent this year, according to Beijing-based Sigmaintell. It is the first time since 2013 that the worldwide sector has implemented such a large-scale and wide-ranging cut in manufacturing. But it should help to slow the fall in prices, Li said.

“Tumbling prices are squeezing profits,” Li said. “The price of a TV panel is now below cost price and that of some data panels is also below the manufacturing cost.”

“Panel makers are facing rising liquidity pressure and bigger losses as prices are now below cost price, so the display industry is likely to undergo another big reshuffle,” Rong said.

Panel prices are likely to stop dropping this month or next as output falls, Wu said. Whether prices will start to pick up soon depends on when demand improves.

(Yicai Global) June 7 -- HKC Optoelectronics Technology has completed its pre-listing tutoring and is ready for an initial public offering, sources at China"s third-largest maker of liquid crystal display panels told Yicai Global.

HKC has LCD panel production bases in Chongqing and Mianyang in southwest China and Chuzhou in the east, and has formed a vertical industrial chain including LCD panels, light-emitting diode backlights, LCD modules and whole machine production.

The Shenzhen-based firm ranked third among Chinese companies for global display panel shipments last year, after BOE Technology Group and TCL China Star Optoelectronics Technology, according to data from Sigmaintell Consulting. HKC also accounted for 10.1 percent of the global television screen market, and 6.5 percent of the global display panel market.

But global LCD panel prices have been falling, posing a challenge for HKC"s short-term business outlook. According to research firm Omdia, since last September the average price of 43-inch LCD panels has dropped 46 percent, and for 55- and 65-inch panels prices are down 34 percent.

“Current prices pose a big challenge for all panel makers,” Zhang Hong, director of TV research at Sigmaintell, told Yicai Global, adding that losses are growing at some manufacturers of LCD TV panels.

Cinno Research’s Chief Analyst Zhou Hua told Yicai Global that HKC"s LCD panel production line has had a lot of support from the local government, but in the current economic environment it is harder to secure such high subsidies.

LCD panel prices have risen for 4 months in a row because of your home gaming? Since this year, the whole LCD panel market smoke. Whether after the outbreak of the epidemic, LCD panel market prices rose for four months, or the panel giants in Japan and South Korea successively sold production lines, or the Chinese mainland listed companies frequently integrated acquisition, investment, and plant construction, all make the industry full of interesting.

LCD panel pricesare already a fact. Since May this year, LCD panel prices have risen for four months in a row, making the whole industry chain dynamic. Why are LCD panels going up in price in a volatile 2020? The key factor lies in the imbalance between supply and demand.

The price of LCDS for large-size TVs of 70 inches or more hasn"t budged much. In addition, LTPS screens and AMOLED screens used in high-end phones have seen little or no increase in price.

As for October, LCD panel price increases are expected to moderate. The data shows that in October 32 inches or 2 dollars; Gains of 39.5 to 43 inches will shrink to $3;55 inches will fall back below $10; The 65-inch gain will narrow to $5.

During the epidemic, people stayed at home and had no way to go out for entertainment. They relied on TV sets, PCS, and game consoles for entertainment. After the resumption of economic work and production, the market of traditional home appliances picked up rapidly, and LCD production capacity was quickly digested.

However, due to the shutdown of most factories lasting 1-2 months during the epidemic period, LCD panel production capacity was limited, leading to insufficient production capacity in the face of the market outbreak, which eventually led to the market shortage and price increase for 4 consecutive months.

In fact, the last round of price rise of LCD panel was from 2016 to 2017, and its overall market price has continued to fall since 2018. Even in 2019, individual types have fallen below the material cost, and the whole industry has experienced a general operating loss. As a result, LCD makers have been looking for ways to improve margins since last year.

A return to a reasonable price range is the most talked about topic among panel makers in 2019, according to one practitioner. Some manufacturers for the serious loss of the product made the decision to reduce production or even stop production; Some manufacturers planned to raise the price, but due to the epidemic in 2020, the downstream demand was temporarily suppressed and the price increase was postponed. After the outbreak was contained in April, LCD prices began to rise in mid-to-late May.

In fact, the market price of LCD panels continued to decline in 2018-2019 because of the accelerated rise of China"s LCD industry and the influx of a large number of local manufacturers, which doubled the global LCD panel production capacity within a few years, but there was no suitable application market to absorb it. The result of excess capacity is oversupply, ultimately making LCD panel prices remain depressed.

Against this background, combined with the impact of the epidemic in 2020, the operating burden of LCD companies in Japan and South Korea has been further aggravated, and it is difficult to make profits in the production of LCD panels, so they have to announce the withdrawal of LCD business.

business in June 2022. In August, Sharp bought JDI Baishan, a plant in Ishikawa prefecture that makes liquid crystal display panels for smartphones. In early September, Samsung Display sold a majority stake in its SUZHOU LCD production plant to Starlight Electronics Technology, a unit of TCL Technology Group. LGD has not only pulled out of some of its production capacity but has announced that it will close its local production line in 2020. According to DSCC, a consultancy, the share of LCD production capacity in South Korea alone will fall from 19% to 7% between 2020 and 2021.

It is worth mentioning that in industry analysis, in view of the fact that Korean companies are good at using "dig through old bonus - selling high price - the development of new technology" the cycle of development mode, another 2020 out of the LCD production capacity, the main reason may be: taking the advantage of China"s expanding aggressively LCD manufacturers, Korean companies will own LCD panel production line hot sell, eliminating capacity liquid to extract its final value, and turning to the more profitable advantage of a new generation of display technologies, such as thinner, color display better OLED, etc. Samsung, for example, has captured more than 80% of the OLED market with its first-mover advantage.

From the perspective of production capacity, the launch of LCD tracks by major manufacturers in Japan and South Korea must reduce some production capacity in the short term, which to some extent induces market price fluctuations. In the long run, some of the Japanese and Korean LCD production capacity has been bought by Chinese manufacturers, coupled with frequent investment in recent years, the overall capacity is sure to recover as before, or even more than before. But now it will take time to expand the production layout, more or less will cause supply imbalance, the industry needs to be cautious.

The LCD panel industry started in the United States and then gradually moved to Japan, South Korea, China, and Taiwan. At present, the proportion of production capacity in The Chinese mainland has reached 52% in 2020, and there are leading LCD panel products in China represented by BOE, Huxing Optoelectronics. Meanwhile, the production capacity layout of BOE, Huike, Huxing Optoelectronics, and other manufacturers has been basically completed, making industrial integration a necessity.

On the one hand, South Korean enterprises out of the LCD track, the domestic factory horse enclosure, plant expansion action. While LCDs may not sell as well as "upstart" flexible screens, respondents believe they are still strong enough in the traditional home appliance market to warrant continued investment. Zhao Bin, general manager of TCL Huaxing Development Center, has said publicly that the next-generation display technology will be mature in four to five years, but the commercialization of products may not take place until a decade later. "LCD will still be the mainstream in this decade," he said.

On the other hand, there is no risk of neck jam in China"s LCD panel industry, which is generally controllable. In mainland China, there will be 21 production lines capable of producing 32-inch or larger LCD panels by 2021, accounting for about two-thirds of the global total. In terms of the proportion of production capacity, the Chinese mainland accounted for 42% of the global LCD panel in 2019, 51% this year, and will continue to climb to 63% next year.

Of course, building factories and expanding production cannot be accomplished overnight. In the process of production capacity recovery, it is predicted that there will be several price fluctuations, and the cost may be passed on to the downstream LCD panel manufacturers or consumers when the price rises greatly, which requires continuous attention.

The price of LCD display panels for TVs is still falling in November and is on the verge of falling back to the level at which it initially rose two years ago (in June 2020). Liu Yushi, a senior analyst at CINNO Research, told China State Grid reporters that the wave of “falling tide” may last until June this year. For related panel companies, after the performance surge in the past year, they will face pressure in 2022.

LCD display panel prices for TVs will remain at a high level throughout 2021 due to the high base of 13 consecutive months of increase, although the price of LCD display panels peaked in June last year and began to decline rapidly. Thanks to this, under the tight demand related to panel enterprises last year achieved substantial profit growth.

According to China State Grid, the annual revenue growth of major LCD display panel manufacturers in China (Shentianma A, TCL Technology, Peking Oriental A, Caihong Shares, Longteng Optoelectronics, AU, Inolux Optoelectronics, Hanyu Color Crystal) in 2021 is basically above double digits, and the net profit growth is also very obvious. Some small and medium-sized enterprises directly turn losses into profits. Leading enterprises such as BOE and TCL Technology more than doubled their net profit.

Take BOE as an example. According to the 2021 financial report released by BOE A, BOE achieved annual revenue of 219.31 billion yuan, with a year-on-year growth of 61.79%; Net profit attributable to shareholders of listed companies reached 25.831 billion yuan, up 412.96% year on year. “The growth is mainly due to the overall high economic performance of the panel industry throughout the year, and the acquisition of the CLP Panda Nanjing and Chengdu lines,” said Xu Tao, chief electronics analyst at Citic Securities.

In his opinion, as BOE dynamically optimizes its product structure, and its flexible OLED continues to enter the supply chain of major customers, BOE‘s market share as the panel leader is expected to increase further and extend to the Internet of Things, which is optimistic about the company’s development in the medium and long term.

“There are two main reasons for the ideal performance of domestic display panel enterprises.” A color TV industry analyst believes that, on the one hand, under the effect of the epidemic, the demand for color TV and other electronic products surges, and the upstream raw materials are in shortage, which leads to the short supply of the panel industry, the price rises, and the corporate profits increase accordingly. In addition, as Samsung and LG, the two-panel giants, gradually withdrew from the LCD panel field, they put most of their energy and funds into the OLED(organic light-emitting diode) display panel industry, resulting in a serious shortage of LCD display panels, which objectively benefited China’s local LCD display panel manufacturers such as BOE and TCL China Star Optoelectronics.

Liu Yushi analyzed to reporters that relevant TV panel enterprises made outstanding achievements in 2021, and panel price rise is a very important contributing factor. In addition, three enterprises, such as BOE(BOE), CSOT(TCL China Star Optoelectronics) and HKC(Huike), accounted for 55% of the total shipments of LCD TV panels in 2021. It will be further raised to 60% in the first quarter of 2022. In other words, “simultaneous release of production capacity, expand market share, rising volume and price” is also one of the main reasons for the growth of these enterprises. However, entering the low demand in 2022, LCD TV panel prices continue to fall, and there is some uncertainty about whether the relevant panel companies can continue to grow.

According to Media data, in February this year, the monthly revenue of global large LCD panels has been a double decline of 6.80% month-on-month and 6.18% year-on-year, reaching $6.089 billion. Among them, TCL China Star and AU large-size LCD panel revenue maintained year-on-year growth, while BOE, Innolux, and LG large-size LCD panel monthly revenue decreased by 16.83%, 14.10%, and 5.51% respectively.

Throughout Q1, according to WitsView data, the average LCD TV panel price has been close to or below the average cost, and cash cost level, among which 32-inch LCD TV panel prices are 4.03% and 5.06% below cash cost, respectively; The prices of 43 and 65 inch LCD TV panels are only 0.46% and 3.42% higher than the cash cost, respectively.

The market decline trend is continuing, the reporter queried Omdia, WitsView, Sigmaintel(group intelligence consulting), Oviriwo, CINNO Research, and other institutions regarding the latest forecast data, the analysis results show that the price of the TV LCD panels is expected to continue to decline in April. According to CINNO Research, for example, prices for 32 -, 43 – and 55-inch LCD TV panels in April are expected to fall $1- $3 per screen from March to $37, $65, and $100, respectively. Prices of 65 – and 75-inch LCD TV panels will drop by $8 per screen to $152 and $242, respectively.

“In the face of weak overall demand, major end brands requested panel factories to reduce purchase volumes in March due to high inventory pressure, which led to the continued decline in panel prices in April.” Beijing Di Xian Information Consulting Co., LTD. Vice general manager Yi Xianjing so analysis said.

“Since 2021, international logistics capacity continues to be tight, international customers have a long delivery cycle, some orders in the second half of the year were transferred to the first half of the year, pushing up the panel price in the first half of the year but also overdraft the demand in the second half of the year, resulting in the panel price began to decline from June last year,” Liu Yush told reporters, and the situation between Russia and Ukraine has suddenly escalated this year. It also further affected the recovery of demand in Europe, thus prolonging the downward trend in prices. Based on the current situation, Liu predicted that the bottom of TV panel prices will come in June 2022, but the inflection point will be delayed if further factors affect global demand and lead to additional cuts by brands.

With the price of TV panels falling to the cash cost line, in Liu’s opinion, some overseas production capacity with old equipment and poor profitability will gradually cut production. The corresponding profits of mainland panel manufacturers will inevitably be affected. However, due to the advantages in scale and cost, there is no urgent need for mainland panel manufacturers to reduce the dynamic rate. It is estimated that Q2’s dynamic level is only 3%-4% lower than Q1’s. “We don’t have much room to switch production because the prices of IT panels are dropping rapidly.”

Ovirivo analysts also pointed out that the current TV panel factory shipment pressure and inventory pressure may increase. “In the first quarter, the production line activity rate is at a high level, and the panel factory has entered the stage of loss. If the capacity is not adjusted, the panel factory will face the pressure of further decline in panel prices and increased losses.”

In the first quarter of this year, the retail volume of China’s color TV market was 9.03 million units, down 8.8% year on year. Retail sales totaled 28 billion yuan, down 10.1 percent year on year. Under the situation of volume drop, the industry expects this year color TV manufacturers will also set off a new round of LCD display panel prices war.

At present, TFT LCD touch panel prices rebounded, after six months of continuous decline, TFT LCD touch panel prices began to rebound at the end of July. Global TFT LCD panel prices have rebounded since August, according to Displaysearch, an international market-research firm. The price of a 17-inch LCD touch panel rose 6.6% to $112 in August, up from $105 in July, and fell from $140 in March to $105 in July. At the same time, 15 – inch, 19 – inch LCD touch panel prices also showed a different range of recovery. The price of a 17-inch LCD touch panel rose 5.8 percent, to $110, from $104 in late July, according to early August quotes from consulting firm with a view. Analysts believe the rebound will continue through the third quarter; LCDS will see seasonal growth in the third quarter, driven by back-to-school sales in us and the completion of inventory liquidation in the first half of the year. Dell and Hewlett-Packard (HPQ) started placing orders for monitors in the third quarter, and display makers Samsungelectronics (SXG) and TPV (TPV) are expected to increase production by 25% and 18% respectively.

It seems that due to the increasing demand in the market, the production capacity of the display panel production line has been released. Domestic TFT-LCD touch panel makers boe and Shanghai guardian said their production schedules have been set for September, and their production capacity may reach full capacity by the end of the year. Jd will produce 85,000 glass substrates per month (with a designed capacity of 90,000), according to boe and Shanghai guardian. Previously, panel makers have been hit by falling prices, with boe, SFT, and even international panel giant LG Philips all reporting losses. If the rebound continues into the fourth quarter, boe, Shanghai radio and television and other panel makers will use the rebound to reverse the decline, according to industry analysts.

It is understood that the first quarter of the boe financial results show that the company’s main business income of 2.44 billion yuan, a loss of 490 million yuan.Jd.com attributed the loss to a drop in the price of 17-inch TFT-LCD displays made by its Beijing TFT-LCD fifth-generation production line of Beijing boe photoelectric technology co., LTD., a subsidiary. Boe has issued the announcement of pre-loss in the first half of the year in April. Due to the influence of the off-season of TFT-LCD business operation in the first quarter of 2006, the company has suffered a large operating loss, and the low price in the TFT-LCD market has continued till now. Therefore, it is expected that the operating loss will still occur in the first half of 2006.LG Philips, the world’s largest TFT LCD maker, reported a won322bn ($340m) loss in July, compared with a won41.1bn profit a year earlier.LG Philips attributed the loss to fierce price competition and market demand did not meet expectations.

The Korean display industry drove Korea’s exports, making Korea a display powerhouse in the world one exporter just 10 years ago. But it has been put into a position to completely lose its power as Korea’s national strategic industry due to a price war initiated by Chinese display makers and a complex global crisis.

LG Display and Samsung Display are struggling to find their ways out of the deterioration of their performance even after withdrawing from production of liquid crystal display (LCD) panels. The high-priced organic light emitting diode (OLED) panel sector regarded as a future growth engine is not growing fast due to the economic downturn. Even in the OLED panel sector, Chinese display makers are within striking distance of Korean display makers, experts say.

On Aug. 30, Display Supply Chain Consultants (DSCC), a market research company, predicted that LCD TV panel prices hit an all-time low in August and that an L-shaped recession will continue in the fourth quarter. According to DSCC, the average price of a 65-inch ultra-high-definition (UHD) panel in August was only US$109, a 62 percent drop from the highest price of US$288 recorded in July in 2021. The average price of a 75-inch UHD panel was only US$218, which was only about half of the highest price of US$410 in July last year. DSCC predicted that the average panel price in the third quarter will fall by 15.7 percent. As Chinese companies’ price war and the effect of stagnation in consumption overlapped, the more LCD panels display makers produce, the more loss they suffer.

As panel prices fell, manufacturers responded by lowering facility utilization rates. DSCC said that the LCD factory utilization rate descended from 87 percent in April to 83 percent in May, 73 percent in June, and 70 percent in July.

Now that the LCD panel business has become no longer lucrative, Korean display makers have shut down their LCD business or shrunk their sizes. In the LCD sector, China has outpaced Korea since 2018. China’s LCD market share reached 50.9 percent in 2021, while that of Korea dropped to 14.4 percent, lower than Taiwan’s 31.6 percent.

Samsung Display already announced its withdrawal from the LCD business in June. Only 10 years have passed since the company was spun off from Samsung Electronics in 2012. LG Display has decided to halt domestic LCD TV panel production until 2023 and reorganize its business structure centering on OLED panels. Its Chinese LCD production line will be gradually converted to produce LCD panels for IT or commercial products. TrendForce predicted that LG Display will stop operating its P7 Plant in the first quarter of next year.

Korean display makers’ waning LCD business led to a situation in which Korea even lost first place in the display industry. Korea with a display market share of 33.2 percent was already overtaken by China with 41.5 percent) in 2021 according to market researcher Omdia and the Korea Display Industry Association. Korea’s market share has never rebounded in for five years since 2017 amid the Korean government’s neglect. Seventeen years have passed since 2004 when Korea overtook Japan to rise to the top of the world in the LCD industry. Korea’s LCD exports amounted to more than US$30 billion in 2014, but fell to US$21.4 billion last year.

A bigger problem is that Korean display makers may lose its leadership in the OLED panel sector although it is still standing at the top spot. While Korea’s OLED market share fell from 98.1 percent in 2016 to 82.8 percent last year, that of China rose from 1.1 percent to 16.6 percent. Considering that the high-end TV market is highly likely to shrink for the time being due to a full-fledged global consumption contraction, some analysts say that the technology gap between Korea and China can be sharply narrowed through this looming TV market slump. According to industry sources, the Chinese government is now focusing on giving subsidies to the development of OLED panel technology rather LCD technology. On the other hand, in Korea, displays were also wiped out from national strategic technology industry items under the Restriction of Special Taxation Act which can receive tax benefits for R&D activities on displays.

The price of LCD TV panels continues to fall, and that could be welcome news for anyone who’s in the market to buy a new living room portal in time for the World Cup and the Christmas holidays.

A report this week from the analyst firm Sigmaintell Consulting revealed that LCD panel prices fell again last month, with the cost of 32-inch displays slipping by $2 per panel, and 55-inch units falling by $4 each. Meanwhile, 65-inch panels now cost $8 less, while 65-inch ones are $10 cheaper than they were a month ago.

The price of LCD TV panels has been sliding for months now, since the end of last year. That’s great for consumers of course, with the price of upper-end TVs that use LCD panels falling quite noticeably, including some of the newest models out this year.

Typically, LCD panels that are shipped out from the factory go straight into production once they reach their customer, and then end up in stores as finished TVs within just a few of months. As such, analysts believe the latest price drops will result in some steep discounts on LCD TV prices just before Christmas and Black Friday come around.

LCD display prices are falling because the market is becoming increasingly clogged with panels made by Chinese manufacturers, who’re able to make them more cheaply. Indeed, their competitiveness is so extreme that they have forced traditional South Korean display making giants such as Samsung Display and LG Display to withdraw from the market. Last month it was reported that Samsung will exit completely by the end of this month, while LG has drastically reduced its own production and is likely to quit altogether in the coming months.

There were fears that recent COVID-19 related lockdowns in China might push LCD prices back up again, however that didn"t happen, and with cities like Beijing and Shanghai now reopening, it’s expected that the downward price pressure will continue unabated, Sigmaintell Consulting said.

China is the leader in producing LCD display panels, with a forecast capacity share of 56 percent in 2020. China"s share is expected to increase in the coming years, stabilizing at 69 percent from 2023 onwards.Read moreLCD panel production capacity share from 2016 to 2025, by countryCharacteristicChinaJapanSouth KoreaTaiwan-----

DSCC. (June 8, 2020). LCD panel production capacity share from 2016 to 2025, by country [Graph]. In Statista. Retrieved January 06, 2023, from https://www.statista.com/statistics/1056470/lcd-panel-production-capacity-country/

DSCC. "LCD panel production capacity share from 2016 to 2025, by country." Chart. June 8, 2020. Statista. Accessed January 06, 2023. https://www.statista.com/statistics/1056470/lcd-panel-production-capacity-country/

DSCC. (2020). LCD panel production capacity share from 2016 to 2025, by country. Statista. Statista Inc.. Accessed: January 06, 2023. https://www.statista.com/statistics/1056470/lcd-panel-production-capacity-country/

DSCC. "Lcd Panel Production Capacity Share from 2016 to 2025, by Country." Statista, Statista Inc., 8 Jun 2020, https://www.statista.com/statistics/1056470/lcd-panel-production-capacity-country/

DSCC, LCD panel production capacity share from 2016 to 2025, by country Statista, https://www.statista.com/statistics/1056470/lcd-panel-production-capacity-country/ (last visited January 06, 2023)