LCD panel prices jumped for 6 consecutive months

The price of LCD panels has dropped for 6 consecutive months. This not only has a great impact on the profitability of panel makers, but also the domestic machine companies will face huge inventory pressure.

DisplaySearch data showed that the prices of LCD panels of various sizes continued to decline in October, with the highest drop being LED backlight LCD panel, with a drop of 6%, which was higher than the 4% in September. In addition, the drop in the average LCD TV panel is between 1% and 4%. Since the beginning of the decline in May of this year, the prices of LCD panels have been diving for six consecutive months.

The continuous decline in the price of LCD panels has already exerted increasing pressure on panel makers. Recently, panel maker Taiwan AUO issued an early warning of third-quarter earnings decline. The decline in panel prices adversely affected gross profit, and it is expected that the third quarter of this year The operating results will be significantly lower than in the second quarter.

For the mainstream domestic machine companies, the current inventory of the panel is a lot, for the time being there will be no intention of purchasing panels.