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Q124 LCD TV Panel Shipments Estimated at 55.8 Million Units, Expected to Continue Growing in Q2, Says TrendForce

2024/03/01

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TrendForce estimates that shipments of LCD TV panels will reach 55.8 million units in the first quarter—a 5.3% QoQ increase. 

Press Releases
LCD TV Panel Market Heads Toward Profitability and Fuels Increased Production; 2024 Shipments Estimated at Approximately 242 Million Units, Says TrendForce

2024/01/04

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TrendForce’s latest insights reveal that, despite major sporting events traditionally boosting market demand, the uncertain global economic outlook might create a disparity between actual shipment volumes of LCD TV panels and the targets set by panel makers.

Press Releases
Gen5+ LCD Panel Utilization Rates to Reach Approximately 72% in Q4, with Potential Further Decline in 1Q24, Says TrendForce

2023/11/09

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TrendForce reports that the utilization rates for the Gen5+ LCD panel industry (by area) are estimated to decrease by nearly 9.2 percentage points from the third quarter, reaching 72.2% in Q4.

Press Releases
Gen 5+ LCD Panel Market Struggles to Meet Demand in 2023 as Suppliers Eye Profitability, Says TrendForce

2023/07/12

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TrendForce reports that panel makers are gearing up to transition from losses to gains in 2H23 by rigorously controlling production levels and producing on demand. The supply-demand ratio for Gen 5+ LCD panels in 2023 is predicted to be 2.1%—falling short of the balanced range of 3–5%—indicating a tight supply in the overall market.

Press Releases
TV Panel Demand Heats Up, Gen 5+ LCD Capacity Utilization Rate Predicted to Rise to 77% in 2Q23, Says TrendForce

2023/05/08

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However, after LG Display scales down its P6, P7, and Guangzhou LCD production lines, total output will still be much lower than the same period last year, according to TrendForce latest research.

Press Releases
Shipments of TV Panels Are Projected to Drop by 2.8% YoY for 2023 as Sluggish Economy Affects TV Sales, Says TrendForce

2023/01/11

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The ongoing Russia-Ukraine military conflict and high inflation will continue to affect the global economy and politics during 2023. The recent decline of the global economy, in particular, has significantly dampened the outlook on sales of whole TV sets since the performance of the TV market primarily depends on consumer demand. Therefore, TrendForce projects that shipments of TV panels will fall by 2.8% YoY to a total of 264 million pieces for 2023.

Press Releases
As Operating Pressures Rise, Panel Manufacturers Enact Strict Production Controls to Balance Supply/Demand, 4Q22 Utilization Rate Forecast to Drop to 60%, Says TrendForce

2022/10/06

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​​​​​​​TrendForce indicates, overall utilization rate of LCD large generational fabs of Gen.5 and above (in terms of wafer starts) slipping to 60% in 4Q22 cannot be ruled out, which would be the lowest level in the past ten years. Sluggish panel demand and the fact that most panel makers have officially turned from profit to loss in 2Q22 are the key factors forcing panel makers to take a more rigorous approach to production control in 2H22.

Press Releases
Weak Demand and Redlining Inventory, Panel Makers Forced to Reduce Utilization, Says TrendForce

2022/07/18

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Moving into 2H22, terminal brands continue to adjust their inventory, not only weakening panel demand, but also inducing a sustained drop in panel quotations. The sharp increase in operating pressure affecting panel manufacturers has forced the display industry to restrain production. According to TrendForce's "Monthly Panel Supplier Utilization Report," utilization rate (calculated by the volume of glass input) in 3Q22 is expected to fall to 70%, a substantial decrease of nearly 7.3 percentage points from 2Q22.

Press Releases
LCD TV Panel Prices Fall to New Low, Panel Production Capacity Cut in 3Q22, Says TrendForce

2022/06/09

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According to TrendForce, LCD TV panel quotations bore the brunt of continuous downgrades in the purchase volume of TV brands and pricing for most panel sizes have fallen to record lows. Recently, it was announced that the 32-inch and 43-inch panels fell by approximately US$5~US$6 in early June, 55-inch panels fell approximately US$7, and 65-inch and 75-inch panels are also facing overcapacity pressure, down US$12 to US$14. In order to alleviate pressure caused by price decline and inventory, panel makers are successively planning to initiate more significant production control in 3Q22. According to TrendForce’s latest research, overall LCD TV panel production capacity in 3Q22 will be reduced by 12% compared with original planning.