Foreign media: After the price increase, shipments of LCD panels for mobile phones are expected to decline by nearly 20% this year

by:Kimeery     2021-06-01

October 19 news, according to foreign media reports, although industry chain sources revealed that the price of LCD panels has risen in recent times, and the upward trend is expected to continue until the end of this year, the global shipments of small and medium-sized LCD panels this year , There will still be a sharp decline year-on-year.

Foreign media reported in the report that global shipments of small and medium-sized LCD panels this year will fall to 1.81 billion, a year-on-year decline of 19.7%.

In the report, foreign media mentioned that global shipments of small and medium-sized LCD panels have fallen sharply this year, mainly due to the impact of the epidemic, but in the next four years, shipments will remain relatively Stable, shipments in 2025 are expected to be 1.82 billion units.

Currently, small and medium-sized LCD panels are mainly used in mobile terminal products such as mobile phones. The demand for LCD panels for this part of products will rebound next year.

However, foreign media also pointed out in the report that although the demand for LCD panels of mobile terminal products such as mobile phones will rebound next year, the growth in demand for small and medium-sized LCD panels next year will mainly be industrial control and smart Speakers and other products related to the Internet of Things. Foreign media predicts that from 2020 to 2025, the compound annual growth rate of the demand for small and medium-sized LCD panels for IoT devices will reach 6.1%.

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