The three new panel production lines added this year, including BOE Hefei 10.5-generation line, CLP Rainbow 8.6 generation line, and Panda Optoelectronics Chengdu 8.6+ generation line, were mass-produced during the off-season in the first half of the year, and they were all used to produce TV products. This led to a sharp drop in the price of TV panels.
Among them, the price of 65-inch saw a big drop in March, and the price of 32-inch dropped more than US$10 in just two months in April and May.
After the price of TV panels plunged in the second quarter of this year, panel makers actively responded through product mix adjustments and annual repairs. In the first quarter, Innolux, AUO, and LG Display made adjustments to the product mix of the sixth-generation line, reducing the glass input of 65-inch TV panels and increasing the input of small-size TV panels or LCD monitor panels; BOE and Huaxing Optoelectronics reduced 32-inches Glass was invested and switched to larger-size TV products; China Star Optoelectronics and Samsung Display carried out annual repairs in March and April respectively.
Under the influence of reduced supply and increased peak season effect, the price of 32-inch panels was bullish in July. Due to the interlocking prices of TV panels of different sizes, the prices of some large-size panels are expected to be flat or even slightly higher than in June.
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