LCD panel prices will bottom out next year

The downturn in the LCD panel industry may not be reversed this year. The outside world has placed its hopes in the first half of next year. In addition to market demand growth factors, the stock situation of various manufacturers was more reasonable at the time, and the capacity utilization rate was also relatively low. The panel price also basically fell to the cost price, and there was no room for decline. And next year's LED-backlit TV will be further popularized, and it can also reach the panel's needs.

Currently, the prices of the three major application-class panels have dropped dramatically. IT (notebook and monitor) panels have fallen to cost prices; TV panel prices are also approaching cost prices. As manufacturers lower capacity utilization to curb further declines in panel prices, panel demand will fall to the bottom.

Morgan Stanley analysts believe that demand for end systems will increase by 20% year-on-year, and overall panel production will increase by 14% next year. In this case, panel demand will be very strong.

In addition, as LED-backlit TVs gradually move towards the mainstream, it will further stimulate LCD TV market sales. This year, LCD TV shipments are expected to reach 180 million units, which will increase to 205 million next year and increase to 223 million the next year.