LCD <span style='color:red'>TV Panel</span> Makers Are Targeting 15 Percent More Supply than TV OEMs
Trade news

LCD TV Panel Makers Are Targeting 15 Percent More Supply than TV OEMs

The preliminary 2019 business plans of TV and panel makers show forecasts trending in different directions. LCD TV panel business plans show an aggressive year-over-year growth of 8 percent, while LCD TV set business plans conservatively are at 3 percent. There is an risk of return to excess supply from the current tight-to-balanced mode, late in the fourth quarter of 2018 or early 2019.According to the latest “TV Display & OEM Intelligence Service” from IHS Markit, the comparison of worldwide TV panel shipments and TV manufacturer set shipments reveals a shipment gap. On a practical basis, three to four weeks of panel safety buffer, a panel supply that is at least 6 percent higher than demand, and adequate lead-time are required for the smooth production of TVs.TV makers and panel manufacturers have similar single-digit shipment growth targets for 2018. These targets indicate that supply and demand could become more sensitive to changes in TV makers’ shipment plans or panel makers’ supply availabilities, as well as the inventory in the pipeline and panel price trends.There will be more Gen 10.5 capacity coming on stream, so that the supply base for large displays, including 65 inches, will continue to improve. Adoption of larger TVs in the consumer market takes time, because growth comes mainly from consumers replacing their TVs. The industry is experiencing a supply-push market, and panel makers will be pressured to push out panels to speed up migration.Panel makers are enjoying more supply chain bargaining power in the third quarter of 2018, and this power is likely to remain until the middle of the fourth quarter. A demand correction is more likely in the fourth quarter, if pipeline inventories are not consumed and inventories become an issue for panel makers in the first quarter of 2019.Though panel prices are rebounding in the third quarter of this year, the long-term LCD TV business outlook may be shaky for Korean and Taiwanese panel makers, considering the intensifying competition from China. As a result, some panel makers are expected to be more aggressive in restructuring or converting existing LCD capacity to more advanced premium-display technology, focusing on larger sizes and OLED/QD OLED TV panel production. These business scenarios are still in the discussion phase and are not expected to be implemented soon, which is likely to affect the supply-demand outlook in 2019.
Key word：
Release time：2018-10-23 00:00 reading：1220 Continue reading>>
Adjustment Strategies for Product Mixes and Capacities Effectively Triggered <span style='color:red'>TV Panel</span> Price to Rise in July
Trade news

Adjustment Strategies for Product Mixes and Capacities Effectively Triggered TV Panel Price to Rise in July

According to the latest statistics of WitsView, a division of TrendForce, after TV panel price significantly dropped in 2Q18, panel makers aggressively adjusted product mixes and conducted annual maintenance. Then, because of decreased supply and peak season, 32" panel price is predicted to rise in July. Some large-sized panel price might stay flat or even slightly move up from June.Because Chinese panel makers' capacities continued expanding, in 2018, large-sized panel glass input by area is projected to grow 8.7% YoY. In 2018, there are three newly-added fabs, including BOE's Gen 10.5 fab in Hefei, the Gen 8.6 fab of CEC-CHOT, and CEC-Panda Chengdu's Gen 8.6+ fab. They all reached mass production phases in 1H18, during off seasons. Besides, these new capacities are totally used to make TV products. Thus, TV panel price rapidly fell. Particularly, 65" panel price fall scale was remarkable in March. 32" panel price dropped more than US$10 within two months (April and May).Anita Wang, a senior research manager of WitsView, pointed out, various panel makers took different actions, to tackle the sudden TV panel price fall. For Innolux, AUO and LG Display (LGD), they all modified product mixes of Gen 6 fabs in 1Q18, dropped the glass input of 65" TV panels, and increased small-sized TV panel's input or LCD monitor panel's input. As for BOE and CSOT, they reduced glass input for the 32", and increased input of larger-sized TV products. Regarding CSOT and Samsung Display (SDC), each of them conducted annual maintenance in March and in April, respectively.For 32" panel price, it stopped falling in July. In particular, some panel makers proactively asked for more than US$3 rise in July for four reasons below. First, 32" panel supply decreased. Next, panel makers have cleared its inventory in April and May. Third, short-term rush orders surfaced. Fourth, a peak season is coming, so some panel makers began to slow down the price downtrend.Each panel segment's price trend tightly links to one another's. Thus, after 32" panel price started to increase, 40"~43" panel price might stay flat or even slightly rise. In view of 55" panel price, it is expected to remain constant in August after the peak season's stocking-up demand develops and mid-and-small-sized panel price rebounds.The stocking-up demand surfaced, so in June, some IT panel price stayed unchangedSpeaking of LCD monitor price, small-sized TN panel price didn't change much in June because of the supply shortage for driver IC and passive components, and the strike of AUO's fab in Songjiang, Shanghai.When it comes to LCD monitor IPS panel price, on the one hand, brands' borderless panel demand has been currently well. Particularly, 23.8" demand considerably shifted from general border panel to the borderless. On the other hand, panel makers' current borderless panel capacity has been limited, so their supply intensified. Combination of the two reasons above led to 23.8" borderless panel price stop dropping in June.With regard to the NB panel price, mostly because of the lasting shortage issue of driver IC, the majority of NB brands procured panels ahead of time in June, in order to prepare for the coming peak season. Accordingly, most of NB panel prices have been flat in June. 
Key word：
Release time：2018-07-06 00:00 reading：1082 Continue reading>>
Global <span style='color:red'>TV Panel</span> Shipment Grew by 9.1% Monthly in May, BOE Surpassed LGD and Ranked the First
Trade news

Global TV Panel Shipment Grew by 9.1% Monthly in May, BOE Surpassed LGD and Ranked the First

According to the latest report by WitsView, a division of TrendForce, global TV panel shipments reached 23.52 million in May, a 9.1% growth over the previous month. Although branded TV makers have purchased fewer panels since 2Q18 in order to adjust their inventory levels, the panel makers still have high utilization rates. In the situation, they planned special deal projects to increase the shipments, which would probably further lower the panel prices.The panel shipments have shown some improvements in June. “The TV set retail prices in Chinese 618 mid-season sales have been 20% lower than in 315 sales”, says Iris Hu, the research manager of WitsView, “which may stimulate the channel sales and consume inventories.” Going forward to the end of 2Q, TV panel prices have approached the cash costs. TV brands are expected to stock up panels in advance, on considering the limited room for further price decline. “Therefore, we expect the TV panel shipments in June to be roughly the same as May.BOE returned to the top of shipment ranking thanks to special deal projects, Innolux ranked the second with 42.5 % monthly growthBOE has adjusted the product mixes of its Gen 8.5 fab, increasing the share of 55-inch panels, of which the shipment reached a record high of 590,000 pieces. In terms of small size products, BOE has shipped all 600,000 pieces of 32-inch panels in the inventory at special deal prices, and the total shipments of this size reached 2.578 million pieces, a growth of 30.2% over last month. In total, BOE shipped 4.774 million pieces of TV panels in May, a monthly growth of 19%. This is a new high record of BOE’s shipments, bringing the company back to the top of shipment ranking.Innolux recorded relatively low shipments in April due to poor demand, ending up with high inventory level for 39.5-inch and 50-inch panels. Similar to BOE, Innolux also provided special deal projects, consuming nearly 40% of 39.5-inch panels’ inventory. Its shipments for 39.5-inch panels increased significantly by 136% to 1.37 million pieces in May. In total, Innolux shipped 3.817 million pieces of TV panels, a growth of 42.5% month-on-month. With the highest shipment growth among the six major panel makers, Innolux returned to the second place in the ranking.Panel price drop has reduced the customers’ willingness to stock up, LDG’s shipments decreased by 7% monthly in MayLDG has also been influenced by the panel price drop starting from 2Q18, which lowered the customers’ willingness to stock up. As the result, the shipments of LGD have been decreasing for two consecutive months. The mainstream size, 43-65-inch products recorded a shipment decline of 9.4%. On the whole, LDG shipped 3.643 million pieces of TV panels in May, a decrease of 7% compared with previous month. The decline appeared to be the steepest among the six major panel makers.CSOT, one of the major suppliers of 32-inch panels, has adjusted the product mixes to reduce the risks of stocking up 32-inch products. The shipments of 43-inch and 49-inch products grew by 38.8% and 21.1% compared with last month. Yet in total, the monthly shipments of CSOT for all sizes still declined by 3.1% to 3.241 million pieces.Samsung Display (SDC) started its annual maintenance of Korean fab in April amid the weak demand in Q2, resulting in low production volume and shipments in April and May. In June, SDC shipped 400,000 pieces of 65-inch panels thanks to its production scale and cost advantages. For all size, SDC shipped 3.15 million pieces in May, a 2.8% increase over the last month.AUO's TV panel shipments recorded 2.005 million pieces in May, a monthly decline of 1.1%. This was mainly attributed to the customers’ lower willingness to stock up because of the overall poor demand and the continued drop in panel prices. The shipments of 50-inch and 55-inch panels declined by 6.3% and 7.8% respectively.
Key word：
Release time：2018-06-29 00:00 reading：1135 Continue reading>>

Turn to

/ 1

Popular categories
Semiconductors Circuit Protection Electromechanical Embedded Solutions Connectors, Interconnects Sensors, Transducers Optoelectronics Development Kits Test and Measurement Power Fans, Thermal Management Boxes, Enclosures, Racks Cables, Wires Passive Components Others
  • Week of hot material
  • Material in short supply seckilling
model brand Quote
MC33074DR2G onsemi
RB751G-40T2R ROHM Semiconductor
CDZVT2R20B ROHM Semiconductor
BD71847AMWV-E2 ROHM Semiconductor
TL431ACLPR Texas Instruments
model brand To snap up
BU33JA2MNVX-CTL ROHM Semiconductor
BP3621 ROHM Semiconductor
TPS63050YFFR Texas Instruments
STM32F429IGT6 STMicroelectronics
ESR03EZPJ151 ROHM Semiconductor
IPZ40N04S5L4R8ATMA1 Infineon Technologies
Hot labels
ROHM
IC
Averlogic
Intel
Samsung
IoT
AI
Sensor
Chip
Original authorized brand
More Licensed Brands>>
Information leaderboard
  • Week of ranking
  • Month ranking

About us

Qr code of ameya360 official account

Identify TWO-DIMENSIONAL code, you can pay attention to

AMEYA360 mall (www.ameya360.com) was launched in 2011. Now there are more than 3,500 high-quality suppliers, including 6 million product model data, and more than 1 million component stocks for purchase. Products cover MCU+ memory + power chip +IGBT+MOS tube + op amp + RF Bluetooth + sensor + resistor capacitance inductor + connector and other fields. main business of platform covers spot sales of electronic components, BOM distribution and product supporting materials, providing one-stop purchasing and sales services for our customers.

Please enter the verification code in the image below：

verification code