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Changes of LCD display industry in 2020,And the brave face of Keao optoelectronics!
The supply of LCD panel is in short supply. BOE, the leader of the company, raised its price by 5 to 10 US dollars in October, with a maximum increase of about 10%, which was higher than the market expectation. It is expected that Qun Chuang and Youda will also reflect the market mechanism and raise prices. In the third quarter, the panel quotation rose by more than 10%, and the companies got rid of the loss. In the fourth quarter, the quotation continued to push the accelerator, and the net interest rate of Qun Chuang and Youda stabilized more than 10%.
Now BOE has taken practical actions to raise its price in October, confirming that "boom is not just shouting", but will be reflected in the fundamentals of the industry through substantial price adjustment.
Panel manufacturers pointed out that Samsung and LG display (LGD) withdrew from LCD production, and BOE leapt to be the global leader and gained the right to speak. This wave of panel market is strong as the epidemic situation pushes up the demand of TV, laptop, tablet and other residential economic terminals. BOE is making every effort to raise the price and has a more positive attitude towards price increase.
It is understood that there is a shortage of it panels such as laptops and tablets recently. Even sharp intends to restart the production of small and medium-sized panels. Large factories actively adjust their production capacity to it panels and crowd out the output of large-size panels. As a result, the price increase in October was stronger than expected, as high as $5-10, with a maximum increase of about 10%.
Xie qinyi, senior research director of omdia's display department, recently confirmed that he had never seen TV panel prices rise as fiercely as in the third quarter of this year.
According to the investigation of the research department, there was a rare increase in panel prices in recent years in the third quarter. Among them, the price of laptop panel increased by 5-10% in the whole quarter, and the average price of TV panel increased by more than 30%. In the fourth quarter, the oversupply of large-size panel was only 0.2%. It represents that the situation that the demand for some applications is still in short supply. It is estimated that there is still room for 10% increase in panel price.
Dongguan Keao Optoelectronics staff are brave in exploring and learning, keep up with the industry development efforts to lay a scientific and technological foundation for research and development and production of high-quality products, and do a good job in serving customers with customized products!