lcd panel monitor pricelist made in china

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lcd panel monitor pricelist made in china

(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 monitor pricelist made in china

The price of 55-inch LCD panels stood at US$181 in January and is expected to rise to US$188 in March, said market research company Omdia on Feb. 4. Compared to January 2020, the price nearly doubled in a year.

The prices of 50-inch and 65-inch panels are also on the uptick. In February, they reached US$154 and US$230, respectively, up 81 percent and 42 percent from 2020.

Analysts say that large LCD panels’ upward trend will continue until 2022. Omdia predicted that the price of a 55-inch LCD panel will remain above US$186 on average in the first quarter of this year and stay in the US$170 range at the end of 2021. Omdia estimates the average price in 2022 at US$165, suggesting it will not fall below US$160 in the worst case.

Prices of large LCD panels began to fall sharply in 2019 due to Chinese companies" price war. They stood at US$143 in January 2019 but fell sharply to US$100 in nine months. At the time, Korean LCD makers lost their market leadership to Chinese competitors. In 2019, China companies’ market share rose to 48 percent, surpassing Korean firms’ 26 percent. Samsung Display and LG Display decided to sell LCDs only until the end of 2020 as they sold LCDs below cost.

However, the situation made a dramatic turn as demand surpassed supply since the second half of 2020. This was due to a surge in demand for TVs caused by the spread of COVID-19 amid a drop in supply due to production cuts by Samsung and LG. This development pushed up LCD prices, and profitability shot up as the unit price topped US$150, analysts say. Both Samsung Display and LG Display say they will flexibly respond to market situations without revealing specific production schedules.

lcd panel monitor pricelist made in china

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lcd panel monitor pricelist made in china

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 March 11, 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 March 11, 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: March 11, 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 March 11, 2023)

LCD panel production capacity share from 2016 to 2025, by country [Graph], DSCC, June 8, 2020. [Online]. Available: https://www.statista.com/statistics/1056470/lcd-panel-production-capacity-country/