lcd panel manufacturing india pricelist

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Searching for the best TFT LCD module manufacturers in India? Well, that is admittedly a daunting task. With the growing number of TFT LCD display suppliers and manufacturers, it’s truly hard to pick which ones are reputable and which ones are not.

STONE Technologies is a proud manufacturer of superior quality TFT LCD modules and LCD screens. The company also provides intelligent HMI solutions that perfectly fit in with its excellent hardware offerings.

STONE TFT LCD modules come with a microcontroller unit that has a 1GHz Cortex-A8 CPU. Such a module can easily be transformed into an HMI screen. Simple hexadecimal instructions can be used to control the module through the UART port. Furthermore, you can seamlessly develop STONE TFT LCD color user interface modules and add touch control, features to it.

Becoming a reputable TFT LCD manufacturer is no piece of cake. It requires a company to pay attention to detail, have excellent manufacturing processes, the right TFT display technology, and a consumer’s mindset.

Hence, we’ve rounded up 7 famous and reputable Indian LCD module manufacturers. These companies all produce quality display and screen-related products such as:

Videocon Industries Ltd is a well-known Indian manufacturer of TFT display modules, color TVs, home appliances, and consumer electronics. Videocon is a large company based in Mumbai, India.

Videocon has several manufacturing plants across different countries. It also boasts of several brands under its name, including Videocon Telecom, DigiWorld, Next, and Planet M.

The company takes pride in being India’s pioneer in color TV production and retail. Before the advent of the TFT display module, Videocon has been the world’s third-largest picture tube (CRT) manufacturer.

Videocon is popular for its high-quality products. Videocon manufactures an LCD display screen for LCD TV sets. A lot of Indians trust Videocon’s television sets.

Videocon assembles and manufactures their TFT LCD module products in world-class factories. The company’s main factories are in India. However, they also have manufacturing plants in Mainland China, Mexico, Poland, and Italy.

All of Videocon’s TFT LCD display products passed strict quality control checks. Testing is done throughout the entire manufacturing and assembly process. Furthermore, quality checks are done from the raw materials phase until the products’ release.

Videocon’s TFT display screens and TVs are affordable of good quality. The company knows how to manufacture quality TV sets at pocket-friendly prices since it is a pioneer in the Indian color TV industry.

Videocon’s mobile phone range is equipped with the latest touch LCD display technology. Smartphones are assembled in the company’s TFT touch screen factory. Hence, customers are ensured of high-performance mobile phones with a crisp touch screen LCD display.

To sum it up, Videocon Industries Limited is a strong TFT LCD display manufacturer. The company’s quality manufacturing plants, good end-products, and affordable prices make it among the famous TF LCD manufacturers in India.

Teronix is an Indian electronics company based in New Delhi. It specializes in TV sets with LED and LCD screen module technology. The company also offers a range of smart mobiles and power banks.

Teronix has been in the electronics industry since 2017. But the company has proven that it has what it takes to be a reputable LCD manufacturer in India. Teronix has risen to popularity among Indian consumers because of the following qualities:

The company’s products are all high-quality and durable. Teronix sees to it that its range of smart LCD and LED TVs, along with their other products, reach their customers in good condition, and perform at their best all the time.

Teronix knows that good quality LCD module and other electronic parts are the cores of high-performance products. Hence, their assembly and product research units are stocked with the latest technology to produce the best possible products. Furthermore, Teronix’s research and assembly hubs are strategically located in Delhi.

BPL Limited is a recognized Indian leader in health care equipment and consumer electronics. The Bangalore-based company operates business groups which include:

The company started manufacturing televisions and telecom equipment in the 1980s. BPL joined forces with Japanese company Sanyo in 2006 to strengthen BPL’s consumer electronics brand, including TF-LCD display products and color televisions. The joint venture ended in 2007, leaving BPL to focus on its healthcare equipment sector.

1.  BPL takes pride in its superior-quality television sets. The TVs are made with combinations of TFT-LCD display and LED output. The products are manufactured by third-party TFT LCD suppliers. Then, the TV parts are assembled at a plant in Baddi, Himachal Pradesh.

2. BPL also takes the lead when it comes to medical display equipment. BPL uses different combinations of TFT display, VGA output, LED, and touch LCD display to manufacture the following devices:

3. The company upholds strict quality standards in all TFT LCD display products. This is achieved through quality tests at all stages of production and assembly. Even the third-party suppliers providing the raw materials for TFT-LCD modules are required to run through tests to ensure quality.

In a nutshell, BPL continues to be an industry leader in India’s consumer electronics and medical equipment industries. BPL provides households and health facilities with top-notch TFT-LCD display module sets used in televisions and health monitoring equipment. And in recent years, BPL has clearly shown no signs of slowing down.

Dixon Technologies Limited is a long-standing company providing consumer electronics, LED and LCD TVs, light fixtures, appliances, mobile phones, and CCTV systems. The company was founded in 1993 with its current headquarters in New Delhi and Uttar Pradesh.

Dixon’s creed is providing consumers with world-class products at affordable prices. Consequently, the company is among the top TFT LCD manufacturers in India because:

Dixon is proud to create its products in local factories. For instance, the company has an LCD display module factoryin Tirupati, Andhra Pradesh. Furthermore, the company also operates three facilities in Uttarakhand and three more in Noida, Uttar Pradesh.

Reasonable prices also make Dixon’s LCD module products and TVs appealing to the public. Couple that with features that are on par with the world’s best TV sets. Dixon believes that quality shouldn’t be sacrificed at the expense of affordability.

In conclusion, Dixon Technologies (India) Limited is among India’s famous TFT LCD manufacturers simply because it provides original, feature-packed, high-quality, and pocket-friendly products to both tech companies and end-consumers.

Oriole Electronics is an electronics company based in Mumbai. It was established in 1972 and is among the famous long-standing TFT LCD manufacturers in India.

Oriole’s strongest quality lies in its extensive experience in the TFT LCD and electronics industry. The company’s experience puts them at an edge against many younger industry competitors. All these thanks to several insights and expertise the company collected since 1972.

Another Oriole advantage is its in-house Research and Development team. Oriole’s R&D team conceptualizes products for its customers. They also formulate quality control guidelines that are strictly implemented during the production and testing phases. All these things are done to ensure the highest quality of Oriole’s TFT, LCD modules, and other product ranges.

Speaking of quality, Oriole is also ISO 9001:2008 certified. This credential ultimately proves the company’s utmost dedication to quality processes. Also, this ensures consistent operations of Oriole’s TFT LCD display factory network throughout India.

To wrap it all up, Oriole Electronics is indeed a quality display module manufacturer in India. Superior quality products, customized services, and affordable rates – all of these are testaments to Oriole’s good reputation.

RandServ proudly provides and even encourages custom manufacturing services. The company responds to unique client needs by creating LCD display modules and designs according to customer requirements. RandServ lets clients specify custom shapes, display sizes, and interactive touch support integration.

Another good point of RandServ is its superior-quality product range. The company may be new to the industry, but its products are made with world-class technology and attention to detail. RandServ’s electronic, TFT, LCD, and LED technologies make their end-products among the most long-lasting and robust electronic/digital products in the Indian market today.

Businesses across several industries tend to neglect ethical business practices. But not RandServ. The company takes pride in its clean business practices and integrity. Commitment to ethical standards enabled RandServ to steadily grow as a reputable LCD screen manufacturer.

In conclusion, RandServ Systems deserves a spot in our 7 famous TFT LCD manufacturers list mainly because of three things – cutting-edge LCD and digital products, customized client services, and high regard for ethical business practices.

Royal Display India is a reputable TFT display supplier and manufacturer based in Mumbai. Royal Display is relatively new, being in the business since 2003. But the company didn’t let their newness stop them from growing into a successful LCD display supplier and manufacturer.

Another considerable advantage of Royal Display is its spacious manufacturing and warehousing units. Both are located in Maharashtra. The manufacturing unit boasts of specialized techniques used to produce modules for TFT, LCD, and OLED. Meanwhile, the warehouse unit is large enough to accommodate bulk orders from clients.

To wind this up, Royal Display is a young yet quality manufacturer for LCD modules and other related display screens in India. The company continues to grow with its plethora of quality display products coupled with many satisfied clients.

To conclude, Teronix is a young but reputable and promising LCD manufacturer in India. Lots of satisfied customers flock to them because of their dedication to high-quality products and top-notch manufacturing technologies.

To conclude this post, we’ve rounded up 7 Famous TFT LCD Manufacturers in India. Some of them are industry pioneers, while some are novices. However, we’re sure all these reputable companies will be a good source of products for all your display module needs.

STONE provides a full range of 3.5 inches to 15.1 inches of small and medium-size standard quasi TFT LCD module, LCD display, TFT display module, display industry, industrial LCD screen, under the sunlight visually highlight TFT LCD display, industrial custom TFT screen, TFT LCD screen-wide temperature, industrial TFT LCD screen, touch screen industry. The TFT LCD module is very suitable for industrial control equipment, medical instruments, POS system, electronic consumer products, vehicles, and other products.

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 December 13, 2022, 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 December 13, 2022. 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: December 13, 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, 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 December 13, 2022)

Large LCD panel prices have been continuously increasing for last 10 months due to an increase in demand and tight supply. This has helped the LCD industry to recover from drastic panel price reductions, revenue and profit loss in 2019. It has also contributed to the growth of QD and miniLED LCD TV. Strong LCD TV panel demand is expected to continue in 2021, but component shortages, supply constraints, and very high panel price increase can still create uncertainties.

It was earlier anticipated that price increases would decelerate in 2Q, but now the price increase is accelerating compared to 1Q, according to a research by DSCC. Panel prices increased by 27 percent in 4Q20 compared to 3Q and slowed down to 14.5 percent in 1Q21 compared to 4Q, but the current estimate is that average LCD TV panel prices in 2Q21 will increase by another 17 percent. The prices are expected to peak sometime in 3Q21.

Prices increased in 1Q21 for all sizes of TV panels, with double-digit percentage increases in sizes from 32- to 65-inch ranging from 12-18 percent. Prices for 75-inch increased by 8 percent as capacity has continued to increase on Gen 10.5 lines, where 75-inch is an efficient six-cut. Prices for every size of TV panel will continue to increase in 2Q at an even faster rate, ranging from 12 percent for 75-inch to 24 percent for 32-inch. The prices are expected to continue to increase in 3Q.

The current upturn in the crystal cycle has seen the biggest trough-to-peak price increases for LCD TV panels, and the recent acceleration of prices has further extended this record. Comparing the forecast for June 2021 panel prices with the prices in May 2020, there is a trough-to-peak increases from 34 percent for 75-inch to 181 percent for 32-inch, with an average of 111 percent. In comparison, the average trough-to-peak increase of the 2016 to 2017 cycle was 48 percent, and prior cycles saw smaller increases.

Before the current upswing, the largest panels sold with an area premium, but the current cycle has flipped that upside down. Whereas in May 2020, 75-inch panels sold at an area premium of USD 77 per square meter higher than the 32-inch panel price, as of May 2021, they are selling at a USD 65 discount on an area basis. This means that those Gen 10.5 fabs could earn higher revenues from making 32-inch panels than from 75-inch panels. The pattern for 65-inch is even more severe, and 65-inch is now selling at a USD 69 per square meter discount (alternately, a 22% area discount) compared to 32-inch.

The improved pricing for LCD TV panels has already improved the profitability of panel makers. It will continue to drive their profits even higher, especially the two prominent Taiwanese players, who have Gen 7.5 and Gen 8.5 fabs but no Gen 10.5 fabs. Chinese panel makers HKC and CHOT have a similar industrial profile and stand to benefit greatly as well. The leading companies with Gen 10.5 fabs (BOE, CSOT and Foxconn/Sharp) stand to benefit less because the price increases on the largest sizes are more modest, but every LCD panel maker is doing well.

TV makers continued to make strong profits in 1Q21 despite increasing panel prices. The TV market typically slows down in 1Q and 2Q. TV maker revenues declined seasonally in 1Q but less than usual, and the operating margins for both Samsung and LGE increased sequentially. Samsung’s CE division operating profits exceeded USD 1 billion for the quarter for only the second time ever. With demand remaining strong, TV makers have weathered the increase in panel prices and remained very profitable.

There is a surge in LCD equipment spending to respond to dramatically improved market conditions in the LCD market. DSCC sees LCD revenues rising 32 percent in 2021 to USD 112 billion on strong unit and area growth with prices and profitability rebounding to or even exceeding the 2017 levels. With LCD suppliers able to sell everything they can make at attractive margins; it should be no surprise that most LCD manufacturers are looking to expand capacity.

However, unlike previous upturns when many new fabs were built, in this upturn panel suppliers are looking to stretch their capacity through smaller investments, simplifying their processes and debottlenecking. Having said that, there will be two new Gen 8.6 mega fabs being built. The result versus last quarter is a 10 percent or a USD 2.2 billion increase in 2020-2024 LCD spending from USD 21.8 billion to USD 24 billion. The 2021 LCD equipment spending forecast is up 15 percent versus last quarter’s forecast to USD 10 billion, with 2021 LCD equipment spending up 125 percent versus 2021. In addition, 2022 was upgraded by 28 percent to USD 3.5 billion.

Although there is a healthy upgrade in LCD equipment spending in 2021 and 2022, the outlook for 2022-2024 spending is still significantly lower than in previous years, resulting in tighter capacity and slower price reductions in the next downturn. In addition, with Korean LCD suppliers expected to reduce their LCD capacity and convert to potentially higher margin OLEDs, the outlook for LCD pricing and profitability looks quite healthy, which may result in even more equipment spending, especially as miniLEDs gain acceptance.

Widespread component supply shortages could impact availability on LCD TV panels from CSOT and Innolux. The display panel manufacturers have warned that supplies of panels are expected to be tight throughout the year.

According to Li Dongsheng, chairman, TCL, panel shortages will continue in 1H21, following conditions already hampered last year during the start of the COVID-19 pandemic. The situation for 2H21 remains to be seen but for 2021 overall panel supply will be tight.

James Yang, president, Innolux, has warned of a shortage in LCD panels caused by strong demand for LCD coming out of the global crisis and the conditions are expected to continue through 2021. Innolux has seen shortages in LCD components including power semiconductors, driver ICs and glass substrates that have kept production below capacity. Shortages of ICs and semiconductors could continue right up to the 1H22.

Ironically, prior to the run-on LCD panel supplies, manufacturers were faced with the dilemma of overproduction causing a glut in inventory, which was driving prices artificially lower. This was the result of giant new LCD fabs coming online in China and other areas of Asia.

Panel makers, being cognizant of that threat, are expected to produce panels at a more tempered pace to keep margins healthy. LCD panel prices continued to rise in March after moving up in February.

Almost all Chinese panel makers are doing everything they can to incrementally increase their current factories’ capacities through productivity enhancements and new equipment purchases for debottlenecking or capacity expansions. For the same reasons, South Korean panel makers continue to delay shutting down their domestic LCD TV factories.

TV manufacturers have been moving aggressively to replenish inventories of LCD panels to meet strong sales of TVs and other devices to meeting escalating demand, particularly in the United States and Europe.

An increase in demand for larger size TVs in 2H20 combined with component shortages has pushed the market to supply constraint and caused continuous panel price increases from June 2020 to March 2021. The panel price increase resulting in higher costs for TV brands. It has also made it difficult for lower priced brands to acquire enough panels to offer lower priced TVs. Further, panel suppliers are giving priority to top brands with larger orders during supply constraint.

For 3 years, from 2017 to 2020, LCD panel makers suffered through a continuous pattern of price declines interrupted only with brief respites. With the COVID-19 demand surge assisted by shortages in glass and DDICs, panel prices are spiking. Korean, Taiwanese, and Chinese panel makers are reporting robust margins in 1Q 2021 and the good news is anticipated for panel makers to get even better in 2Q.

New Vision Display is a custom LCD display manufacturer serving OEMs across diverse markets. One of the things that sets us apart from other LCD screen manufacturers is the diversity of products and customizations we offer. Our LCD portfolio ranges from low-cost monochrome LCDs to high-resolution, high-brightness color TFT LCDs – and pretty much everything in between. We also have extensive experience integrating LCD screen displays into complete assemblies with touch and cover lens.

Sunlight readable, ultra-low power, bistable (“paper-like”) LCDs. Automotive grade, wide operating/storage temperatures, and wide viewing angles. Low tooling costs.

Among the many advantages of working with NVD as your LCD screen manufacturer is the extensive technical expertise of our engineering team. From concept to product, our sales and technical staff provide expert recommendations and attentive support to ensure the right solution for your project.

In addition, our extensive technology portfolio and manufacturing capabilities enable us to deliver high-quality products that meet the unique specifications of any application. To learn more about what makes us the display manufacturer for your needs, get in touch with us today.

As a leading LCD panel manufacturer, NVD manufactures custom LCD display solutions for a variety of end-user applications: Medical devices, industrial equipment, household appliances, consumer electronics, and many others. Our state-of-the-art LCD factories are equipped to build custom LCDs for optimal performance in even the most challenging environments. Whether your product will be used in the great outdoors or a hospital operating room, we can build the right custom LCD solution for your needs. Learn more about the markets we serve below.

Flat-panel displays are thin panels of glass or plastic used for electronically displaying text, images, or video. Liquid crystal displays (LCD), OLED (organic light emitting diode) and microLED displays are not quite the same; since LCD uses a liquid crystal that reacts to an electric current blocking light or allowing it to pass through the panel, whereas OLED/microLED displays consist of electroluminescent organic/inorganic materials that generate light when a current is passed through the material. LCD, OLED and microLED displays are driven using LTPS, IGZO, LTPO, and A-Si TFT transistor technologies as their backplane using ITO to supply current to the transistors and in turn to the liquid crystal or electroluminescent material. Segment and passive OLED and LCD displays do not use a backplane but use indium tin oxide (ITO), a transparent conductive material, to pass current to the electroluminescent material or liquid crystal. In LCDs, there is an even layer of liquid crystal throughout the panel whereas an OLED display has the electroluminescent material only where it is meant to light up. OLEDs, LCDs and microLEDs can be made flexible and transparent, but LCDs require a backlight because they cannot emit light on their own like OLEDs and microLEDs.

Liquid-crystal display (or LCD) is a thin, flat panel used for electronically displaying information such as text, images, and moving pictures. They are usually made of glass but they can also be made out of plastic. Some manufacturers make transparent LCD panels and special sequential color segment LCDs that have higher than usual refresh rates and an RGB backlight. The backlight is synchronized with the display so that the colors will show up as needed. The list of LCD manufacturers:

Organic light emitting diode (or OLED displays) is a thin, flat panel made of glass or plastic used for electronically displaying information such as text, images, and moving pictures. OLED panels can also take the shape of a light panel, where red, green and blue light emitting materials are stacked to create a white light panel. OLED displays can also be made transparent and/or flexible and these transparent panels are available on the market and are widely used in smartphones with under-display optical fingerprint sensors. LCD and OLED displays are available in different shapes, the most prominent of which is a circular display, which is used in smartwatches. The list of OLED display manufacturers:

MicroLED displays is an emerging flat-panel display technology consisting of arrays of microscopic LEDs forming the individual pixel elements. Like OLED, microLED offers infinite contrast ratio, but unlike OLED, microLED is immune to screen burn-in, and consumes less power while having higher light output, as it uses LEDs instead of organic electroluminescent materials, The list of MicroLED display manufacturers:

LCDs are made in a glass substrate. For OLED, the substrate can also be plastic. The size of the substrates are specified in generations, with each generation using a larger substrate. For example, a 4th generation substrate is larger in size than a 3rd generation substrate. A larger substrate allows for more panels to be cut from a single substrate, or for larger panels to be made, akin to increasing wafer sizes in the semiconductor industry.

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The decision to close the LCD business, by Samsung Display, will be completed by June of 2022 as the company faces tough competition from its Chinese and Taiwanese counterparts, reports GizmoChina.

The company has decided to focus on manufacturing organic light-emitting diode (OLED) and quantum dot (QD) displays, as OLED panels have started to become the norm in the smartphone market.

A recent Display Supply Chain Consultants (DSCC) revealed that the price of an LCD is 36.6 per cent of what it used to be in January 2014, the component"s peak production period.

No investment plan details have since been announced, and the employees of the LCD business are expected to be transferred to the QD business, the report said.

Samsung Display had decided to close its LCD business in late 2020, but the plans were delayed at Samsung Electronics" request due to a sudden increase in the prices of LCD panels during the Covid-19 pandemic.

A few India-based enterprises have decided or plan to set up display panel plants in India, but this is unlikely to have substantially impact on the existing global display supply chain in the foreseeable future, as the total panel production capacity in India will be much smaller than that in China, South Korea, Taiwan and Japan.

Under the Indian government"s Production Linked Incentive (PLI) scheme, Elest, a subsidiary of India-based Rajesh Exports - which is among the globally top-500 enterprises - will invest INR240 billion (US$3.01 billion) to set up a 6G AMOLED plant in Telangana State, central India, to produce smartphone, tablet and notebook applications.

India-based oil, gas and metal producer Vedanta has acquired Japan-based LCD glass substrate maker AvanStrate and applied to the India government for setting up a 8.6G TFT-LCD plant in India. Vedanta in February 2022 signed an MoU with Taiwan-based Foxconn Electronics to establish a joint-venture maker of semiconductors. As Taiwan-based LCD panel maker Innolux is AvanStrate"s client and has a 8.6G LCD plant in southern Taiwan, Vedanta could cooperate with Innolux via AvanStrate.

With subsidies under India government"s PLI scheme and UP Electronics Manufacturing Policy 2017 set by the state government of Uttar Pradesh, northern India, Samsung Display (SDC) invested US$654 million to set up a panel module factory in the state and started production in April 2021.

Samsung Electronics, SDC"s parent company, has cumulatively invested over US$1.1 billion in India and has been shifting production lines from China and Vietnam to India. The company has set up two large production bases and five R&D bases in India.

According to DIGITIMES Research, Samsung Electronics" factories in India produced about 60 million smartphones in 2021 and are expected to produce 93 million in 2022 and 108 million in 2026, with the proportion of total smartphone output from India to rise from 20% in 2020 to 29% in 2026.

Although Samsung is expanding its production in India, clustering and production of its South Korea-based supply chain makers in India are currently much smaller than those in Vietnam.

China-based panel maker China Star Optoelectronics Technology (CSOT) has invested INR18.3 billion to set up a factory to produce 5- to 65-inch LCD modules in Andhra Pradseh, southeastern India. With annual production capacity of 8.0 million LCD modules, the factory is intended to mainly support TCL, CSOT"s parent company, to sell LCD TVs in the India market. TCL expects to sell 10 million LCD TVs for a market share of 7% in India in 2022. TCL currently ranks fourth in the India TV market and aims to surpass Sony, ranking third with a market share of 12% at present, by the end of 2022.

Taiwan-based LCD panel maker AU Optronics (AUO) has evaluated the feasibility of investing in India. There are problems concerning culture and government efficiency in India, AUO chairman Paul Peng has said.

Some cities in India are ambitious to create manufacturing hubs through developing industrial districts of which some have development potential and are likely to replace some locations in China, Peng noted. However, India is impossible to completely replace China in terms of investment in manufacturing, Peng indicated.

Besides, infrastructure in India and Vietnam is insufficient and, in the case of Vietnam, surging investment has sharply shored up factory land prices and this will affect foreign enterprises" willingness to invest, Peng said. In fact, it is very difficult for Thailand, Indonesia and even Taiwan to completely replace China in manufacturing, Peng noted.

There are many factors that need to be considered in setting up overseas factories, including ecosystem support, infrastructure and local talent, Peng said. India is not ideal in terms of these three factors, and exiting panel makers are quite unlikely to set up panel lines in India for the time being, Peng noted.

China-based panel makers had kept expanding production capacities for nearly 10 years and, as a result they together occupied over 60% of global production capacity for LCD panels as of 2021, followed by Taiwanese makers with 20%, South Korean ones with 10% and Japanese ones with 6%.

Since major Chinese makers are still expanding LCD panel production capacities, China"s combined share of global total will reach 70% in the mid- to long-term.

In view of diminishing competitiveness in LCD, SDC terminated LCD panel production in June 2022 and has shifted focus to AMOLED. Taiwanese LCD panel makers are expected to benefit from SDC"s exit but are still far less competitive against Chinese fellow makers in production capacity. Therefore, they have chosen not to expand production capacities and have focused on high value-added LCD panels.

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.

It’s the end of an era for LCD panels, or at least for those manufactured by Samsung. The Korean firm has been teasing the end of its LCD manufacturing for years, but now, the deadline is about to be reached. From June 2022, Samsung Display will no longer produce liquid-crystal displays (LCD). This does not mean that the end of LCD panels in smartphones, computers, and other electronics. It’s just Samsung leaving the segment due to tough competition from its Chinese and Taiwanese counterparts.

Instead of keeping a tepid LCD business, the company will shift efforts to OLED (organic light-emitting diode) and QD displays. The OLED panels have become the “best” for the smartphone market. There is still a predominance of LCD screens, but most of the flagship, premium mid-range, and even conventional smartphones are getting OLED displays nowadays. LCDsare still very popular in the segment of PCs and laptops, however.

According to Display Supply Chain Consultants (DSCC), the average price index of LCD panels, measured against 100 in January 2014, will fall to 36.6 in September of this year. The figure has dropped farther from the record low of 41.5 in April of this year. It’s also 58 percent lower than the record high of 87 in June 2021.

Unfortunately, no investment plan details have since been announced. However, the employees of the LCD business should retain their jobs. The company will likely move them to the Quantum Dot Display business. Worth noting, that Samsung has been trying to leave the LCD segment since 2020. The initial plan was to close the business at the end of 2020. However, these plays have been delayed by Samsung Electronics. The sudden increase in the prices of the LCD panels during the COVID-19 pandemic urged Samsung Display to keep the manufacturing for a while. This resulted in an entire 2021 of continuous manufacturing. Now, however, the business seems to have reached the deadline.

The display affiliate was first formed in 1991, as an LCD business arm under Samsung Electronics. It formally launched in 2021, as Samsung Display. It has merged with three local and Japanese makers of active-matrix organic light-emitting diodes (AMOLED), for the production of advanced types of displays. The company will no longer produce the panels for Samsung TVs which will likely push forward the portfolio of QD and OLED smart TVs.

The mid-range segment of smartphones may not suffer a big impact. After all, there are countless LCD makers still operating in the industry. As far as the mobile segment is concerned, the company is doing a good job. The Galaxy S22 series is successful in China, and the company is preparing the terrain for the Galaxy Z Fold 4. The flagships and the foldable offer the best Samsung has been developing in display tech.