China's LCD production continues to surge, global LCD TV prices are avalanche

by:Kimeery     2021-06-03

According to the latest news from the upstream industry chain, due to the rapid expansion of China's LCD panel production capacity, global LCD panel prices have continued to fall, causing industry losses.

Japan’s LCD panel industry is the worst. In order to avoid the impact of China’s LCD panels, South Korea generally bet on LCD for Samsung panels or Micro LED display technology. Although Japan also has technological advantages, the entire industry is facing a hard time finding a place to go. The upstream capital chain has another problematic dilemma. In addition to Sony’s main focus on high-end LCD TVs in Japan, Japanese brands have also laid down their positions to compete for the low-priced market, but this cannot compete with brands such as Xiaomi, not to mention China’s other brands such as Hisense, Changhong and TCL.

In the foreseeable future, Japan’s LCD industry, including high-end LCD for Samsung displays, will encounter difficulties. Although Canon TOKKI still maintains an advantage on the production side, it has lost ground on the product side. Japan used to be the birthplace of liquid crystals, and it is also the birthplace of liquid crystal commercialization. Now it is really speechless to encounter such problems.

The market report shows that the price plunge of large-size TVs is related to the substantial increase in LCD panel production capacity of Chinese manufacturers. BOE, the largest panel manufacturer in China, has surpassed LG to become the world’s largest LCD supplier. For domestic panel companies such as China Star Optoelectronics, Tianma Microelectronics, and Visionox, domestic manufacturers will account for more than 50% of the global LCD production capacity.

The current situation is that the huge increase in LCD production capacity has caused an avalanche of global LCD TV prices, but the question that follows is how Chinese panel companies themselves can digest the huge output. (Hexun.com)


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