CINNO Research report shows that in order to curb the disorderly decline in LCD panel prices, the average turnover rate of BOE, Huaxing Optoelectronics and Huike has dropped to less than 70%.
The report pointed out that the current LCD TV panel inventory water level of several major panel manufacturers has dropped to about 3 to 3.5 weeks, and the inventory backlog problem has been significantly alleviated, so the price decline of LCD panels in September has slowed down significantly, and the decline is also in line with previous expectations.
Although it has now come to the traditional peak season in the second half of the year, due to the strong negative effects of international inflation and other factors, the recovery in demand is still difficult to see in the short term. On the other hand, due to the addition of new production lines and the completion of production lines to increase production capacity, the capacity area of panel factories is expected to increase by 13%-15% next year, so maintaining low crops to stabilize prices as soon as possible within the year has become the mainstream operation.
The price decline of all sizes in August is in line with previous forecasts, indicating that the panel mill's strategy to reduce the movement of crops is effective. September 32"-65" is expected to maintain a slight decline of $1-2, 75" is expected to narrow significantly, and it is expected to bottom out in the fourth quarter.
The report pointed out that the current LCD TV panel inventory water level of several major panel manufacturers has dropped to about 3 to 3.5 weeks, and the inventory backlog problem has been significantly alleviated, so the price decline of LCD panels in September has slowed down significantly, and the decline is also in line with previous expectations.
Although it has now come to the traditional peak season in the second half of the year, due to the strong negative effects of international inflation and other factors, the recovery in demand is still difficult to see in the short term. On the other hand, due to the addition of new production lines and the completion of production lines to increase production capacity, the capacity area of panel factories is expected to increase by 13%-15% next year, so maintaining low crops to stabilize prices as soon as possible within the year has become the mainstream operation.
The price decline of all sizes in August is in line with previous forecasts, indicating that the panel mill's strategy to reduce the movement of crops is effective. September 32"-65" is expected to maintain a slight decline of $1-2, 75" is expected to narrow significantly, and it is expected to bottom out in the fourth quarter.
