In August, the TV panel increased the overall Q3 profit of panel makers and improved significantly
According to the latest panel quotations released by market research agency WitsView, the rise in July continued, and TV panels in August were even more fully adjusted.
In the second quarter, panel manufacturers controlled the supply of small and medium-sized TV panels such as 32-inch, 40-inch, and 43-inch. In addition to the peak season coming, stocking demand fermented, the prices of some size TV panels stopped falling and reversed. TV panel prices in August were comprehensive Increase. According to the latest panel quotation announced by WitsView in early August, the prices of 32-inch, 43-inch, 55-inch and other sizes of TV panels have all increased by $1.
Qiu Yubin, vice president of WitsView, said that TV panels rebounded strongly in August. It is estimated that TV panels below 55 inches will have an increase of US$2 to US$3 throughout the month. It is expected that this wave of panel price increases will be the strongest in August and September. In September, TV panels of various sizes will also maintain an increase of 2 to 3 US dollars.
Regarding super-sized TV panels, due to the continuous development of new production capacity, although specific brands are actively pursuing the volume, most brands have stable purchases of 65-inch panels, so the prices of 65-inch and 75-inch panels remained flat in August.
On the whole, TV panel prices in the third quarter rose by about 5% to 10%. The profit performance of panel makers in the second quarter was better than expected. In the third quarter, panel prices rose sharply, which gave panel makers a breathing space. Prices and volumes have risen this quarter, and profits will be significantly improved.
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