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Prices of domestic TFT-LCD panels rebound
2022-07-06

At present, the price of liquid crystal display panels has rebounded. After six months of continuous decline, the price of liquid crystal display panels began to rebound at the end of July. According to the data of Displaysearch, an international market research company, the global LCD panel prices started to rebound in August. In August, the price of a 17-inch LCD panel rose from $105 in July to $112, an increase of 6.6%. The price of the same type of display panel once fell from $140 in March to $105 in July. At the same time, the prices of 15-inch and 19-inch LCD panels also rebounded in varying degrees. According to the quotation of consulting agency WitsView in early August, the price of 17-inch LCD panel rose from US$104 in late July to US$110, an increase of 5.8%. Analysts believe that this price rebound will continue throughout the third quarter; in the third quarter, due to the stimulation of back-to-school sales in the United States and the completion of manufacturers' inventory digestion in the first half of the year, LCD displays will experience seasonal growth. It is understood that Dell and major computer manufacturers began to issue monitor orders in the third quarter, and monitor manufacturers Samsung Electronics and TPV will increase product production in the third quarter, and the two production growth rates are expected to be 25% and 18% respectively.


   It seems that due to the increase in market demand, the production capacity of the display panel production line has been released. According to the introduction of domestic TFT-LCD panel manufacturers BOE and Shanghai Radio and Television, the production schedule of the two companies has been arranged to September, and the production capacity may reach the full production target by the end of the year. BOE will reach the monthly production of 85,000 glass substrates (its designed production capacity is 90,000 pieces). Previously, panel makers have been trapped by falling prices, with BOE, SVA and even international panel giant LG Philips losing money. According to industry analysts, if the price rebound can continue into the fourth quarter, panel manufacturers such as BOE and Shanghai Radio and Television will use the price rebound to reverse the decline.


   It is understood that BOE's first-quarter financial report shows that the company's main business income was 2.404 billion yuan, with a loss of 490 million yuan. BOE attributed the loss to a drop in the price of 17-inch TFT-LCD products for displays produced by the Beijing TFT-LCD fifth-generation production line of subsidiary Beijing BOE Optoelectronics Technology Co., Ltd. BOE has issued a pre-loss announcement for the first half of the year in April. In the first quarter of 2006, affected by the off-season of the TFT-LCD business, the company has already experienced a large operating loss, and the TFT-LCD market price has been sluggish until now. Therefore, it is estimated that the first half of 2006 There will still be operating losses. And LG Philips, the world's largest LCD maker, announced in July that it lost 322 billion won ($340 million) in the second quarter of this year, compared with a profit of 41.1 billion won in the same period last year. LG Philips attributed the loss to intense price competition and less-than-expected market demand.


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