lcd panel price drop for sale

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.

TCL explained that the major reasons for the significant year-on-year growth in revenue and profit were the significant year-on-year growth of the company’s semiconductor display business shipment area, the average price of major products and product profitability, and the optimization of the business mix and customer structure further enhanced the contribution of product revenue.

“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.

The ongoing Russia-Ukraine military conflict and high inflation will continue to affect the global economy and politics during 2023. The recent decline of the global economy, in particular, has significantly dampened the outlook on sales of whole TV sets since the performance of the TV market primarily depends on consumer demand. Therefore, TrendForce projects that shipments of TV panels will fall by 2.8% YoY to a total of 264 million pieces for 2023.

However, the shipment performances of the LCD and OLED segments of the TV panel market will diverge dramatically during 2023. South Korean panel makers already started to leave the market for LCD panels in 2022 and are reorienting the focus of their product development efforts towards OLED. Going forward, the growth and diversification of OLED offerings will definitely contribute to the increase in shipments of OLED TV panels. Furthermore, Samsung Electronics has been proactive in the adoption of the QD OLED TV panels provided by Samsung Display. Shipments of QD OLED TV panels are forecasted to increase substantially by 26.5% YoY for 2023 and thereby notably contribute to the projected YoY growth rate of 7.8% for the total OLED TV panel shipments in the same year. The aforementioned development will also help slightly raise the OLED penetration rate in the TV panel market to 3.1% in 2023.

Conversely, shipments of LCD TV panels will be more severely affected by the weakening economy. This is because the LCD segment of the TV panel market has already reached maturity and is in plentiful supply. Shipment of LCD TV panels are projected to drop by 3.1% YoY to 256 million pieces for 2023. However, the current market situation is favorable for panel makers to promote ultra large-sized TV panels despite the cautious demand outlook. There are two reasons for this. First, freight transportation fees are falling to their usual level. Second, quotes for ultra large-sized TV panels have dropped to a sweet spot. TrendForce is optimistic that the average size of LCD TV panels will grow this year. The increase is currently estimated to come to 1.5 inches, thus expanding the average size of LCD TV panels to almost 50 inches.

Chinese panel makers have a huge production capacity for LCD panels and remain highly competitive, so their collective market share for LCD TV panels is projected to climb further to 70.4% in 2023. Among them, BOE, CSOT, and HKC are expected to retain their positions as first, second, and third respectively in the ranking of LCD TV panel suppliers by shipments. Chinese panel makers are also gaining a greater influence over the TV panel market as their supply concentration ratio continues to rise. Turning to panel makers based in Taiwan, Innolux will be able to raise its market share for LCD TV panels to around 14.1% in 2023. The growth will be mainly attributed to the rerouting of the orders resulting from CEC-Panda scaling back its supply of 38.5-inch products. As for AUO, its market share for LCD TV panels will also elevate slightly to 5.2% due to the growth of orders from its main clients.

Regarding Korean and Japanese panel makers, LGD will see its market share for LCD TV panels retreat to 4.6% in 2023 since its P7 fab in South Korea produced its last batch of LCD TV panels in December last year. Sharp has been facing weak demand for the products from its fabs in Japan, but more new products are being manufactured at its Gen10.5 fab in Guangzhou, China. Taking account of these developments, Sharp’s market share is forecasted to reach 5.7% in 2023.

TrendForce points out that based on current observations, the risk of a supply-demand imbalance is going to be higher for IT panels than for TV panels during 2023. Since TVs have larger screens, the consumption of production capacity proceeds at a faster pace for TV panels. TrendForce is not ruling out the possibility that panel makers could adjust their product mixes to give more weight to TV panels if they find that the production capacity for IT panels has been idling too long. Such development would certainly affect the future supply-demand dynamics of the TV panel market as well. Moreover, panel makers will be under pressure to turn from loss to profit this year, so the strategy for adjusting capacity utilization rate will be very important to them. If suppliers fail to maintain discipline, then the whole panel market will unlikely return to a balanced state in 2023.

LCD TV panel prices have stopped falling after sliding below suppliers" cash-cost levels, according to industry sources. Additionally, aggressive production cuts by panel makers also have helped bring a stop to falling prices.

According to Pan Tai-chi, general manager of the TV Business Center of Innolux, TV panel inventories at most TV vendors and channel operators have bottomed out, and correspondent TV panel prices have risen since the second half of October.

Sales dynamics for TVs and monitors with high CP (cost-performance) ratios have started gaining momentum recently as current panel prices have made high CP display products more affordable, Pan said.

It was the supply side that drove the recent price hikes instead of being pushed up by increasing demand, Pan noted, noting that the price increases will sustain for a more extended period only when demand is solid enough to soak up the output.

It is worth observing whether the sales of consumer electronics products during the forthcoming year-end shopping season in China, the US and Europe are robust enough to stir up panel demand in the first quarter of 2023, Pan commented.

There could be a welcome fall in the price of LCD TVs later this year, with panel prices continuing to drop according to a new report, and the effect of the supply chain crisis appearing to ease.

Tech analyst Sigmaintell Consulting (via DigiTimes(opens in new tab)) claims that LCD panel prices once again fell last month, with the price of 32-inch to 55-inch displays slipping a further $2-4 per panel and 65-inch and 75-inch models falling by $8-10 per unit.

The news follows on from similar supply-side price falls for LCD panels over the previous two months, and the trend has been downwards since late last year. We"ve seen already that some of the best TVs available today that use LCD panels have dropped prices in the last few months (such as the Samsung TV pictured above) – even brand new models have wasted no time in dropping from the official price.

Any LCD panels being bought to go straight into production would ship to stores as finished TVs in a few months time, so those price drops could come in time to trigger an especially juicy wave of major discounted TVs for consumers around Black Friday and Christmas.

The manufacture of LCD display tech has become increasingly dominated by China, amid South Korean panel makers withdrawing from the market and moving further towards OLED production.

Prolonged Covid lockdown restrictions in key Chinese tech manufacturing districts such as Wuhan, had however caused a major reduction in the scheduled global supply of panels, with global TV shipments predicted to fall to their lowest level since 2010, according to Market research firm Omdia.

The potential fall in panel pricing will come as timely news for those struggling amid rising costs of living – lots of people will avoid big expenditures such as a new TV, but if you need one, you need one. So we hope this means anyone buying will be able to find a good buy no matter their budget.

The price falls in the report look likely to impact the sticker price of smaller and budget entry level sets, which will hopefully mean that the people most affected by inflation rises will benefit the most from the discounts.

We should also note that lots of other factors will affect the final price of TVs, beyond just the price of the panels – shipping costs, for example. But the lower cost of parts might mean that prices won"t rise as much as they would otherwise, at least. It all helps.

Recently, it was announced that the 32-inch and 43-inch panels fell by approximately USD 5 ~ USD 6 in early June, 55-inch panels fell by approximately USD 7, and 65-inch and 75-inch panels are also facing overcapacity pressure, down from USD 12 to USD 14. In order to alleviate pressure caused by price decline and inventory, panel makers are successively planning to initiate more significant production control in 3Q22. According to TrendForce’s latest research, overall LCD TV panel production capacity in 3Q22 will be reduced by 12% compared with the original planning.

As Chinese panel makers account for nearly 66% of TV panel shipments, BOE, CSOT, and HKC are industry leaders. When there is an imbalance in supply and demand, a focus on strategic direction is prioritised. According to TrendForce, TV panel production capacity of the three aforementioned companies in 3Q22 is expected to decrease by 15.8% compared with their original planning, and 2% compared with 2Q22. Taiwanese manufacturers account for nearly 20% of TV panel shipments so, under pressure from falling prices, allocation of production capacity is subject to dynamic adjustment. On the other hand, Korean factories have gradually shifted their focus to high-end products such as OLED, QDOLED, and QLED, and are backed by their own brands. However, in the face of continuing price drops, they too must maintain operations amenable to flexible production capacity adjustments.

TrendForce indicates, that in order to reflect real demand, Chinese panel makers have successively reduced production capacity. However, facing a situation in which terminal demand has not improved, it may be difficult to reverse the decline of panel pricing in June. However, as TV sizes below 55 inches (inclusive) have fallen below their cash cost in May (which is seen as the last line of defense for panel makers) and are even flirting with the cost of materials, coupled with production capacity reduction from panel makers, the price of TV panels has a chance to bottom out at the end of June and be flat in July. However, demand for large sizes above 65 inches (inclusive) originates primarily from Korean brands. Due to weak terminal demand, TV brands revising their shipment targets for this year downward, and purchase volume in 3Q22 being significantly cut down, it is difficult to see a bottom for large-size panel pricing. TrendForce expects that, optimistically, this price decline may begin to dissipate month by month starting in June but supply has yet to reach equilibrium, so the price of large sizes above 65 inches (inclusive) will continue to decline in 3Q22.

TrendForce states, as panel makers plan to reduce production significantly, the price of TV panels below 55 inches (inclusive) is expected to remain flat in 3Q22. However, panel manufacturers cutting production in the traditional peak season also means that a disappointing 2H22 peak season is a foregone conclusion and it will not be easy for panel prices to reverse. However, it cannot be ruled out, as operating pressure grows, the number and scale of manufacturers participating in production reduction will expand further and its timeframe extended, enacting more effective suppression on the supply side, so as to accumulate greater momentum for a rebound in TV panel quotations.

With panel prices reaching a very low level, TV brands were able to cut their prices further so as to raise shipments of whole TV sets during the promotional period. On the other hand, the major international brands have come into the second half of this year with a high level of inventory as their sales performances were weaker than expected during the first half. In order to effectively consume the existing inventory, TV brands have significantly corrected down the panel procurement quantity for 2H22. As a result, TrendForce now estimates that global TV shipments in 2H22 will reach 109 million units, reflecting a YoY decline of 2.7%. Global TV shipments during the whole 2022 are currently projected to total 202 million units, showing YoY decline of 3.9%. This annual shipment figure represents a decade low.

This year, the TV market has seen a continuous decline in shipments. Fortunately, there has also been a sharp drop in prices of large-sized panels. Furthermore, freight transportation costs have fallen by more than 50%. Thus, TV brands have been able to vigorously promote large-sized products, and the average size of TVs has also risen by 1.4 inches to 56 inches.

TrendForce further points out that moving into 2023, supply will remain fairly plentiful for TV panels. With the chance of a substantial rally in panel prices being extremely low, brands should feel an easing of cost pressure and have more flexibility when it comes to large-scale promotional activities. However, the IMF has downgraded its global economic growth forecast for 2023 to 2.7%. Moreover, the US, the Eurozone, and China as the world’s three largest regional economies will continue to experience stagnation.

TV sales in China during this year have been noticeably affected by government measures for controlling local COVID-19 outbreaks. During this second half of the year, TV panel prices have fallen to a new record low, and brands have also been aggressively cutting prices so as to meet their annual shipments targets. However, despite all these, TV sales in China for the Singles’ Day period still fell nearly 10% YoY. Turning to the North America, TV sales there shrank by 16.5% YoY for 1H22 as the rapidly mounting inflationary pressure squeezed consumers’ budgets.

Around that same time, TV brands also reached their limit in terms of inventory accumulation. To reduce the glut, brands conducted inventory check across all sections of their supply chains and made significant revisions to their procurement plans. Now, in 2H22, brands have been aggressively spurring demand. Full-scale promotional activities commenced on Amazon’s Prime Day, and TV sales were then ramped up to a peak on Black Friday. Among brands, TCL made the largest price concession for this year, cutting the price of its 55-inch Mini LED backlit model by 70% to US$199. Other brands also energetically promoted their particular product models in the holiday sales competition.

On account of brands’ efforts, TV sales in North America for the Black Friday period rose by 13% YoY. While China and North America have exhibited very contrasting performances for the busy season, it is also clear that TV brands on the whole have gradually lowered their inventories to a relatively optimal level after months of promotional activities across channels and corrections to panel procurements.

Another notable development that TrendForce has observed in the TV market is the tepid performance of high-end products. Due to the lack of supporting broadcasting content and high retail prices, most TV brands have not been particularly keen on pushing 8K models. And after years of advocacy, Samsung remains the single dominant brand for 8K TVs with a market share almost 70%. Additionally, high inflation has eaten into consumers’ budgets this year. TrendForce therefore projects that 8K TV shipments will register a YoY decline for the first time in 2022, dropping by 7.4% to just about 400,000 units.

It is also worth noting that Europe as one of the main sales regions for 8K TVs could be affected by the updated EU energy consumption labelling scheme (i.e., Energy Efficiency Index). Specifically, energy consumption rules have been further tightened so that some older 8K models could be banned from the region starting in March 2023. However, Samsung is planning to launch new 8K models that meet the updated energy consumption standards. Moreover, display panel suppliers continue to promote 8K products so as to widen adoption among TV brands. TrendForce currently forecasts that shipments of 8K TVs will surpass the 500,000 unit mark for 2023, registering a YoY growth of 20%.

TrendForce’s latest research on panel prices finds that LCD panel prices have plummeted. In fact, the price of a 55-inch UHD LCD was 4.8 times lower than the price of a WOLED (white OLED) O/C panel at the end of 3Q22. With the price difference between the two panels returning to where it was at the start of 2020, selling WOLED TVs have been quite challenging for brands that do offer this kind of product. Therefore, TrendForce estimates that shipments of WOLED TVs will shrink by 6.2% YoY to 6.29 million units for 2022. Assuming that LG Display does not want to sacrifice profitability, it will maintain a conservative pricing strategy when quoting WOLED panels next year. Given this situation, TrendForce forecasts that WOLED TV shipments will dip again by 2.7% YoY for 2023.

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.

For anyone who’s struggling with the increased living costs that have resulted from higher inflation this year, the TV price drop will come as a welcome surprise. Many households have no doubt tried to avoid making big purchases such as a new TV, but if you need one then it becomes an almost essential buy. With any luck, people in that situation will soon be able to get their hands on a decent new box without breaking the bank.

In another ominous sign for global TV industry supply, both demand and prices for TV-sized LCD panels continue to fall at the same time, recent reports from two display market analysts revealed.

Display industry market analysts TrendForce and Omdia each issued potentially troubling LCD TV display panel business updates this week as the global economic outlook continues to impact discretionary spending for non-essential items like TV sets.

According to TrendForce, the outlook for purchases by TV makers of LCD TV display panels — the major component part for LCD-based TVs that represent the vast majority of the TV sets — continues to decline even as prices for most panel sizes have fallen to record lows.

Recently, it was announced that the 32-inch and 43-inch panels fell by approximately $5-$6 in early June, 55-inch panels fell approximately $7, and prices for 65-inch and 75-inch panels, which face mounting overcapacity pressure, were down $12 to $14, TrendForce said.

“In order to alleviate pressure caused by price decline and inventory, panel makers are successively planning to initiate more significant production control in [the third quarter of 2022],” TrendForce said. “..Overall LCD TV panel production capacity in [the third quarter] will be reduced by 12% compared with original planning.”

According Omdia prices for TV-sized LCD display panels have been falling for the first year since Covid-19 appeared, while the increase in display demand area is expected to be up just 3%, half of the previous year.

Similarly, Omdia’s forecast released Thursday showed global display sales this year would decrease by 15% from last year to $133.18 billion. That compares to the global display sales increases of 14% in 2020 and 26% in 2021 due to the surge in demand for LCD panels and TVs generated by lockdowns forced by the pandemic.

LCD TV panel sales this year are expected to drop by 32% from last year ($38.3 billion) to $25.8 billion, according to Omdia’s predictions. The LCD TV panel demand area is expected to increase by 2% this year from last year, but the panel price decline is large.

“When there is an imbalance in supply and demand, a focus on strategic direction is prioritized,” TrendForce said. “TV panel production capacity of the three aforementioned companies in [Q3 2022] is expected to decrease by 15.8% compared with their original planning, and 2% compared with [the second quarter.]

TrendForce said Taiwanese manufacturers account for nearly 20% of TV panel shipments, and allocation of production capacity among those factories is now subject to “dynamic adjustment.”

The firm said TV sizes 55 inches and below have “fallen below their cash cost in May (which is seen as the last line of defense for panel makers) and is even flirting with the cost of materials, coupled with production capacity reduction from panel makers, the price of TV panels has a chance to bottom out at the end of June and be flat in July.”

However, the firm said, optimistically, “this price decline may begin to dissipate month by month starting in June but supply has yet to reach equilibrium, so the price of large sizes [65 inches and above] will continue to decline in [the third quarter].”

TrendForce said that as panel makers continue to significant reduce production, the price of TV panels 55 inches and under is expected to remain flat in through the third quarter.

“Panel manufacturers cutting production in the traditional peak season also means that a disappointing [second half 2022] peak season is a foregone conclusion and it will not be easy for panel prices to reverse,” according to TrendForce.

It is possible that if the supply/pricing pressures continue, the number, scale and duration of manufacturers cutting panel production output will grow in an effort to generate momentum for a rebound in TV panel quotations, TrendForce said.

As reported by S. Korean technology trade news site The Elec, Omdia said the LCD TV panel shipment targets for BOE were lowered to 60 million units this year from the original 65.5 million units. HKC decreased its targets from 49.5 million to 42 million, CSOT from 45 to 44.8 million, and LG Display from 23.5 million to 18 million. Innolux’s shipment target increased slightly from 34.5 million units to 34.6 million units.

On the other hand, organic light emitting diode (OLED) TV panel sales this year are expected to reach $5.4 billion, up 12% from last year ($4.8 billion), according to Omdia.

OLED TV panels are being mass-produced by LG Display and Samsung Display, as both manufacturers reduce their exposure in LCDs. Samsung Display will end LCD TV panel production entirly this summer. However, LG Display’s OLED panel production forecast is 10 times that of Samsung Display.

Meanwhile, Samsung Display hiked yield rates for its new large-size QD-OLED panels from 30% of capacity initially, 50% in 2021, 75% in April-May 2022 to 80% now, according to South Korea-based publication The Bell.

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 February 22, 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 February 22, 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: February 22, 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 February 22, 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 drip follows year-on-year increases in 2021 and 2020, which were 26% and 14%, respectively, due to increased demand for liquid crystal display (LCD) panels from the Covid-19 pandemic.

BOE dropped theirs from 65.5 million to 60 million; HKC dropped it from 49.5 million to 42 million; CSOT from 45 million to 44.8 million; and LG Display from 23.5 million to 18 million. Innolux’s also dropped theirs from 34.5 million to 34.6 million.

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SEOUL, April 27 (Reuters) - LG Display Co Ltd (034220.KS) saw first-quarter profit plummet far below forecasts and warned of a further drop in panel prices as pandemic-driven demand for TVs, smartphones and laptops fades and competition heats up.

The South Korean Apple Inc (AAPL.O) supplier said it would shift its focus to higher-end products and gradually lower production of more commoditised LCD TV panels where it lacked a competitive advantage over cheaper Chinese rivals.

The LCD TV market shrank by more than 10% in the first quarter and Chinese competitors are pricing their products lower than LG Display"s expectations, Lee Tai-jong, head of the company"s large display marketing division, said on a call with analysts.

"Margins have been squeezed chiefly due to panel price declines and weaker demand, as consumers have already bought many screens during COVID-19 in the past two years," said Kim Yang-jae, an analyst at DAOL Investment & Securities.

In the first quarter, prices of 55-inch liquid crystal display (LCD) panels for TV sets fell 16% from the previous quarter while prices of LCD panels for notebooks and monitors dropped by around 7% to 11%, according to data from TrendForce"s WitsView.

The Hisense U8H matches the excellent brightness and color performance of much pricier LCD TVs, and its Google TV smart platform is a welcome addition. But it’s available in only three screen sizes.

The Hisense U8H is the best LCD/LED TV for most people because it delivers the performance of a much pricier TV yet starts at under $1,000, for the smallest (55-inch) screen size. This TV utilizes quantum dots, a full-array backlight with mini-LEDs, and a 120 Hz refresh rate to deliver a great-looking 4K HDR image. It’s compatible with every major HDR format. And it’s equipped with two full-bandwidth HDMI 2.1 inputs to support 4K 120 Hz gaming from the newest Xbox and PlayStation consoles. Add in the intuitive, fully featured Google TV smart-TV platform, and the U8H’s price-to-performance ratio is of inarguable value.

Chief among the U8H’s many strengths is its impressive peak brightness. When sending it HDR test patterns, I measured an average brightness of 1,500 nits, with peaks just north of 1,800 nits (a measurement of luminance; see TV features, defined for more info). To put that into perspective, consider that the 65-inch version of our budget 4K TV pick (the TCL 5-Series) typically costs around half as much as the 65-inch U8H but achieves only around 30% to 40% of its brightness. On the other side of the coin, the 65-inch version of our upgrade pick (the Samsung QN90B) costs almost twice as much as the 65-inch U8H, but it achieves only nominally higher brightness. Adequate light output creates convincing highlights and image contrast and (when necessary) combats ambient light from lamps or windows. It is a necessity for any TV worth buying—especially if you hope to watch HDR movies or play HDR games—and the U8H simply outpaces most TVs in its price range (and some in the next price bracket up, too).

Key to this functionality is the U8H’s employment of mini-LED backlighting with local dimming, which allows this TV to produce very bright light while still maintaining satisfyingly deep black levels that are typically free of blooming (or light bleed that’s visible around bright objects against a dark backdrop). This not only ensures impressive image contrast, it also makes the U8H a viable choice for most rooms, whether they’re brighter than average or dimmed down like a movie theater.

That’s not to say the U8H has pixel-precise light control—it’s not an OLED TV, after all—but it does a terrific job most of the time. In fact, in our tests, the U8H bested last year’s upgrade pick, the Samsung QN90A, in certain scenarios: The intro to Guillermo del Toro’s Cabinet of Curiosities on Netflix features the filmmaker against a pitch-black backdrop. Though last year’s QN90A failed to maintain perfect control over dimming elements during this scene (the black backdrop brightened distractingly once a sufficient amount of brighter content appeared on screen), the U8H did not. (For the record, the newer QN90B also passed this test.) The U8H’s mini-LEDs also help the screen look uniformly bright: Although the U8H is still not as good as an OLED TV in this respect, it shows very little indication of being a backlight-driven display, even during tricky scenes with large swaths of dim lighting.

In terms of design, the Hisense U8H is not as svelte as our upgrade pick, but it’s plenty sturdy and doesn’t look or feel cheap. Two narrow, metal feet jut out from beneath the panel and steadily hold the TV. They can be attached in two separate spots, either closer in toward the middle of the panel or out toward the edges, to account for different-size TV stands. The feet are also equipped with cable organization clasps—a nice touch for keeping your TV stand free of cable clutter. Though the TV is primarily plastic, its bezels are lined with metal strips, providing a bit more durability in the long run. I moved it around my home, and it was no worse for wear, but we’ll know more after doing some long-term testing.

The Hisense U8H has some difficulties with banding, or areas of uneven gradation, where transitions that should appear smooth instead look like “bands” of color (sometimes also called posterization). Like many current 4K HDR TVs, the U8H uses an 8-bit panel rather than a 10-bit panel, which affects the color decoding and color presentation process. This is usually relevant only with HDR video and games. When playing games on the PlayStation 5 and Xbox Series X, I saw a few instances where the content wasn’t rendered correctly and displayed ugly splotches of color on the screen. However, this almost always occurred during static screens (such as a pause menu or loading screen); I rarely spotted it during actual gameplay. Hisense has stated that it would address the problem in a future firmware update, but at the time of writing it was still present. This is a flaw that may give dedicated gamers pause, but we don’t consider it to be a dealbreaker for most people.

Finally, like most TVs that use vertical alignment (VA) LCD panels, the U8H has a limited horizontal viewing angle, which may be a bit annoying if you’re hoping to entertain a large crowd. Our upgrade pick uses a special wide-angle technology to address this.

When your LCD display has broken, needs replaced or simply needs a technology upgrade, and you have design/equipment elements to consider, you will want to look for a replacement part instead of replacing the unit.Problems may arise when you are sourcing the new panel from your original manufacturer.For example, by the time your panel has degraded, your LCD may be end of life, making it difficult to source;original manufacturers may be charging premium prices for their replacementLCD parts.AGDisplays offers a drop in replacement service for customers who need to replace an LCD or LCD component when their original panel/part is unavailable;this service is also for customers who are looking for a cost effective, suitable replacement or upgrade to their existing LCD. AGDisplays offers availability of standard or custom high-quality LCDs of virtually all shapes and sizes.

Replacing or upgrading the LCD component of your equipment sounds intimidating. It is rather simple if you begin your search with AGDisplays. By simply providing us with your panel part number, general specifications (if possible) and any other upgrade requirements or desires that you might have, we source these products for you or we can source an equivalent replacement, as desired. Using a replacement LCD does not compromise on quality and compatibility;we ensure functionality and performance are top priority because we know how critical the LCD interface is for your application.

You may receive notifications from your original equipment manufacturer about your LCD panel. There are a couple of announcements to pay attention to. The most important two are the end of life (EOL) announcement and the end of sale date. The end of life announcement will officialize a future cease production date for the indicated part number. It may also indicate the end of sale date, which is the last date customers are able to order the product through the manufacturer. After this date, the product will no longer be for sale. Typically end of life announcements come six to twelve months before the last time buy date. A few months later is when your last time buy will ship.

If you decide by this point that your equipment is well suited to use the LCD replacement, you may want to grab these panels when they get into the last time buy phase. If you find yourself ready to upgrade after EOL and last time buys have passed, don’t fret.A drop in replacement unit extends the lifecycle of your unit in the case of EOL or unavailability of original parts. Products are matched for compatible integration without compromising quality. AGDisplays offers a full line of compatible replacement industrial LCD display systems. When your design requires an upgrade in features but you still want to retrofit the LCD into your existing equipment, AGDisplays works together with you, discussing requirements and performance options. Our experts have an eye on the safety and longevity of your electrical components. We source alternative panel with same specifications to replace the panel in your equipment. Our drop in replacement LCD displays are selected carefully, with safe and stable compatibility in mind.

At AGDisplays, we have global sources with preferential pricing from our vendors. We verify continuity of supply for steady demand so you are assured your products will be available when you need them. Our International Procurement Office in China verifies these resources and quality of the companies we do business with;we have a secure list of trusted vendors with whom we maintain current business practices. Samples are always tested and verified before placing large orders. Our competitively priced products are sourced in a timely and efficient manner, so your company never misses a deadline.

AGDisplays provides our customers with the opportunity to replace LCD or components so you can avoid having to spend big bucks to OEM companies. With AGDisplays, our customers receive unparalleled attention and support without the hefty price tag that you may get elsewhere.

There are many signs an LCD will give the user to indicate that it may be due for replacement or upgrade. Even users who are not LCD experts will be able to tell when it is time to replace.

Outwardly, your LCD will show physical signs of damage such as a cracked or scratched, foggy or contaminated screen.Mostly, these damages are quickly noticeable to the naked eye and the first obvious sign that your panel may need a replacement. These are clear indications that the outside of your LCD has been damaged and is in need of evaluation or replacement. The application environment will determine the urgency in which you’ll want to replace the LCD. Cracks in the LCD may leave the LCD vulnerable to contamination and dust, which in turn can extend damage and/or decrease visual readability of the display.

Most LED technology estimate LED lifetimes to be upwards of 100,000 hours of useful life. This works out to be about six hours of usage a day—and 45 years of service, whew! So one can assume that LCD components will fail before the LED backlighting system will degrade. However, degradation does happen with long term usage. If your LCD is looking less bright than it should be, it is possible that a component in the display’s backlighting system needs replaced or upgraded.

LCDs that are broken internally may only show a black screen, a white screen, or even show no data when turned on. Other indications will be white/grey/black discoloration spots (called mura) of the display itself when it is turned on, regardless of the data/color that is shown on screen.

Another indication of a dying LCD aredamaged pixels. If you notice a small speck of white or black on your screen that does not go away, even as the screen changes, you may have a damaged pixel or two. There are a few different types of pixel defects, hot, stuck and dead pixels. Hot pixels present themselves as always ‘on,’ they always appear white in color. Dead pixels are always ‘off,’ and look black at all times. Now a stuck pixel is either stuck ‘on’ or ‘off’ so they may appear the same as a hot or dead pixel. These (sometimes) are solved by switching from bright to dark colored screens quickly to unstick these. However, this isn’t a reliable treatment for stuck pixels.

If you’ve notice defective pixels on your LCD screen, do not panic! Some manufacturers have a standard in which it allows a certain amount of pixels in production. Overall, if the LCD in question has an increased rebellion of pixels, whether hot, dead or stuck, the LCD may be of low quality or the pixels are going bad.

Sometimes white, black or multi colored streaks appear running horizontally or vertically along the display. If this is happening on every screen, this is a likely sign that something is wrong inside the LCD.

Signs of LCD degradation include those missing pixels, the dimming of screen brightness over time, and even the loss of color and contrast in a display. If you need more assurance the LCD is the problem, consult AGDisplays to discuss our replacement options.

Samsung Display has temporarily ceased purchasing LCD panels after lower-than-expected demand for TVs has resulted in a surplus of unsold stock, according to a report in TheElec(opens in new tab).

Sources say that the company, which recently brought forward the end of its in-house LCD production in favour of buying cheaper panels from other manufacturers, informed its suppliers in mid-June that the move would last until the end of July at the earliest or until the backlog is cleared.

Samsung"s current inventory of LCD panels is apparently large enough to cover around 16 weeks of sales in the current market, far exceeding the seven to nine weeks" worth of stock the company operated pre-pandemic.

In 2020 global supply chain issues and a scarcity of shipping containers initially prompted the South Korean tech giant to increase the number of LCD units it shipped to overcome any potential lack of availability for consumers during the pandemic home entertainment boom.

Analyst firms Display Supply Chain Consultants (DSCC), and Omdia have also revised their projections of the number of LCD panels Samsung is forecast to buy this year from 53 - 54 million LCD panels down to 44 million units.

Like many other TV manufacturers, Samsung Display"s profits from LCD production have been declining for several years due to increased competition from Chinese and Taiwanese manufacturers. However, the COVID-19 pandemic saw a surge in demand for LCD TVs, with the average price index peaking at a record high of 87 in June 2021, 58% higher than where it stood last month.

Brands including LG, TCL and Sony have all followed Samsung"s lead, dropping their annual shipping targets for 2022 and purchasing fewer LCD panels. Samsung Display"s fellow South Korean counterpart LG Display is reported to be considering its own exit from LCD panel production and is expected to report a loss for the second quarter of 2022.

According to Omdia, the average display panel factory operation rate was at 77% in early June, down 4.5% from May and the lowest rate in five years. While unit price drops might mean low profitability for display panel companies, it could be good news for cash-strapped consumers looking to buy a new TV. With Prime Day just around the corner, bargain hunters are advised to keep an eye out for some excellent TV deals.

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.

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.