typical lcd panel price

Prices for all TV panel sizes fluctuated and are forecast to fluctuate between 2020 and 2022. The period from March 2020 to July 2021 saw the biggest price increases, when a 65" UHD panel cost between 171 and 288 U.S. dollars. In the fourth quarter of 2021, such prices fell and are expected to drop to an even lower amount by March 2022.Read moreLCD TV panel prices worldwide from January 2020 to March 2022, by size(in U.S. dollars)Characteristic32" HD43" FHD49"/50" UHD55" UHD65" UHD------

DSCC. (January 10, 2022). LCD TV panel prices worldwide from January 2020 to March 2022, by size (in U.S. dollars) [Graph]. In Statista. Retrieved January 29, 2023, from https://www.statista.com/statistics/1288400/lcd-tv-panel-price-by-size/

DSCC. "LCD TV panel prices worldwide from January 2020 to March 2022, by size (in U.S. dollars)." Chart. January 10, 2022. Statista. Accessed January 29, 2023. https://www.statista.com/statistics/1288400/lcd-tv-panel-price-by-size/

DSCC. (2022). LCD TV panel prices worldwide from January 2020 to March 2022, by size (in U.S. dollars). Statista. Statista Inc.. Accessed: January 29, 2023. https://www.statista.com/statistics/1288400/lcd-tv-panel-price-by-size/

DSCC. "Lcd Tv Panel Prices Worldwide from January 2020 to March 2022, by Size (in U.S. Dollars)." Statista, Statista Inc., 10 Jan 2022, https://www.statista.com/statistics/1288400/lcd-tv-panel-price-by-size/

DSCC, LCD TV panel prices worldwide from January 2020 to March 2022, by size (in U.S. dollars) Statista, https://www.statista.com/statistics/1288400/lcd-tv-panel-price-by-size/ (last visited January 29, 2023)

LCD TV panel prices worldwide from January 2020 to March 2022, by size (in U.S. dollars) [Graph], DSCC, January 10, 2022. [Online]. Available: https://www.statista.com/statistics/1288400/lcd-tv-panel-price-by-size/

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.

lcd panel (Liquid crystal display) are made of liquid crystals that form digital images made visible through ambient light or through LED backlight. LCDs are used in the place of other displays that are less efficient such as cathode ray tubes (CRTs) and have become the most popular display type on the market.

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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.

Continuing strong demand and concerns about a glass shortage resulting from NEG’s power outage have led to a continuing increase in LCD TV panel prices in Q1. Announcements by the Korean panel makers that they will maintain production of LCDs and delay their planned shutdown of LCD lines has not prevented prices from continuing to rise. Panel prices increased more than 20% for selected TV sizes in Q3 2020 compared to Q2, and by 27% in Q4 2020 compared to Q3, and we now expect that average LCD TV panel prices in Q1 2021 will increase by another 9%.

The most basic LCD introduced above is called passive matrix LCDs which can be found mostly in low end or simple applications like, calculators, utility meters, early time digital watches, alarm clocks etc.  Passive matrix LCDs have a lot of limitations, like the narrow viewing angle, slow response speed, dim, but it is great for power consumption.

In order to improve upon the drawbacks, scientists and engineers developed active matrix LCD technology.  The most widely used is TFT (Thin Film Transistor) LCD technology.  Based on TFT LCD, even more modern LCD technologies are developed. The best known is IPS (In Plane Switching) LCD.  It has super wide viewing angle, superior image picture quality, fast response, great contrast, less burn-in defects etc.

IPS LCDs are widely used in LCD monitors, LCD TVs, Iphone, pads etc. Samsung even revolutionized the LED backlighting to be QLED (quantum dot) to switch off LEDs wherever light is not needed to produce deeper blacks.

– Twisted Nematic Display:  The TN (Twisted Nematic) LCDs production can be done most frequently and used different kinds of displays all over the industries. These displays are most frequently used by gamers as they are cheap & have quick response time as compared with other displays. The main disadvantage of these displays is that they have low quality as well as partial contrast ratios, viewing angles & reproduction of color. But, these devices are sufficient for daily operations.

– In-Plane Switching Display:IPS displays are considered to be the best LCD because they provide good image quality, higher viewing angles, vibrant color precision & difference. These displays are mostly used by graphic designers & in some other applications, LCDs need the maximum potential standards for the reproduction of image & color.

– Vertical Alignment Panel: The vertical alignment (VA) panels drop anywhere in the center among Twisted Nematic and in-plane switching panel technology. These panels have the best viewing angles as well as color reproduction with higher quality features as compared with TN type displays. These panels have a low response time. But, these are much more reasonable and appropriate for daily use.

– The structure of this panel generates deeper blacks as well as better colors as compared with the twisted nematic display. And several crystal alignments can permit for better viewing angles as compared with TN type displays. These displays arrive with a tradeoff because they are expensive as compared with other displays. And also they have slow response times & low refresh rates.

– Advanced Fringe Field Switching (AFFS):  AFFS LCDs offer the best performance & a wide range of color reproduction as compared with IPS displays. The applications of AFFS are very advanced because they can reduce the distortion of color without compromising on the broad viewing angle. Usually, this display is used in highly advanced as well as professional surroundings like in the viable airplane cockpits.

– Passive and Active Matrix Displays: The Passive-matrix type LCDs works with a simple grid so that charge can be supplied to a specific pixel on the LCD. One glass layer gives columns whereas the other one gives rows that are designed by using a clear conductive material like indium-tin-oxide. The passive-matrix system has major drawbacks particularly response time is slow & inaccurate voltage control. The response time of the display mainly refers to the capability of the display to refresh the displayed image.

– Active-matrix type LCDs mainly depend on TFT (thin-film transistors). These transistors are small switching transistors as well as capacitors which are placed within a matrix over a glass substrate. When the proper row is activated then a charge can be transmitted down the exact column so that a specific pixel can be addressed, because all of the additional rows that the column intersects are switched OFF, simply the capacitor next to the designated pixel gets a charge.

LCD technologies have great advantages of light, thin, low power consumption which made wall TVs, laptops, smartphones, pad possible. On its way to progress, it wiped out the competition of many display technologies. We don’t see CRT monitors on our desks and plasma displays TV at our home anymore. LCD Technologies dominant the display market now. But any technology has the limitations.

LCD technologies have slow response times especially at low temperature, limited viewing angles, backlighting is needed. Focus on LCD drawbacks, OLED (Organic Light Emitting Diodes) technology was developed. Some high-end TV and mobile phones start to use AMOLED (Active Matrix Organic Light Emitting Diodes) displays.

This cutting-edge technology provides even better color reproduction, clear image quality, better color gamut, less power consumption when compared to LCD technology. Please note, OLED displays include AMOLED and PMOLED (Passive Matrix Organic Light Emitting Diodes). What you need to choose is AMOLED for your TV and mobile phones instead of PMOLED.