75-inch TV to be popular? Large-size LCD panel prices plummet

by:Kimeery     2021-06-10

In the past year, not only flash memory, memory chips, but also large-size LCD panels have fallen in price of electronic products. You should notice that the price of 55-65-inch LCD TVs this year is almost the price of cabbage, 3000 You can buy a variety of domestic 65-inch TVs for less than a block.

The sharp drop in the price of large-size LCD panels is mainly due to the increase in the production capacity of domestic manufacturers, such as BOE, Huaxing Optoelectronics and other companies. Fierce competition has led to a sharp decline in panel prices, and also caused losses to competitors such as South Korea and Taiwan. Disastrous. For example, LG and Innolux have suffered huge losses in the Q1 quarter of this year. Not long ago, Innolux executives collectively cut their salaries by 15%.

The trend of falling prices for large-size LCD panels will continue. According to research data from Sigmaintell, panel production capacity in the Q2 quarter of this year will increase by 6.4% from the previous quarter and 15.1% year-on-year, mainly due to The production capacity of domestic high-end panel makers has increased. For example, BOE Hefei's Gen 10.5 production line is already in full production, and Huaxing Optoelectronics's 11th generation line and Huike's 8.6 generation line are also in mass production.

LCD panel production capacity has risen sharply, but the downstream market demand is still declining, with a decline of as much as 6.8%. Panel manufacturers will continue to bargain prices under the imbalance of supply and demand, which will cause panel prices to fall in Q2, especially It is a large-size panel of 50 inches or more. This move is bound to exacerbate the losses of some panel manufacturers.

According to Sigmaintell, demand for 55-inch panels is weak, leading to oversupply and demand, and prices will continue to fall. 65-inch and 75-inch panels will increase production due to the mass production of domestic 10-generation lines. , A serious oversupply, and a more serious price drop.

For consumers, the price decline of large-size LCD TVs is of course a good thing. Now the prices of domestic 65-inch TVs have fallen to less than 3,000, and the price of 75-inch TVs will plummet soon.

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