Korean media: LCD rises Q2 to cool down, Mini LED will become the mainstream of high-end TV
There will be changes in panel market conditions? South Korean brokers predict that the rising trend of liquid crystal (LCD) panels will cool down in the second quarter of this year; in addition, many industry players are pushing MiniLED panels to attack the high-end TV market, which may impact OLED TVs.
Business Korea published an NH Investmentu0026Securities analyst report on the 2nd, writing that LCD panel prices should continue to rise in the first quarter of 2021, but starting from the second quarter, Chinese panel makers’ new 10-generation line plants will be fully integrated Mass production and the return of the supply of glass substrates to normal will slow LCD growth and suppress the surplus of the industry.
In addition, MiniLED TVs have become the main products of many TV manufacturers in 2021, and MiniLED TVs will compete with OLED TVs. Due to the large price elasticity of TV demand, if the asking price of MiniLED TVs is lower than that of OLED TVs, the operating environment of OLED TVs will deteriorate.
TheElec reported on January 19 that UBI Research predicted that MiniLED TVs will become the mainstream of high-end TVs by 2025. The agency predicts that Samsung and LG will dominate this market, and MiniLED will surpass OLED TVs after 2024. They estimate that this year’s shipments of MiniLED TVs will be 2.5 million units.
The Korean media The Elec, Business Korea, and etnews reported at the end of last year that LG Electronics will hold an online press conference for QNED TV on December 29, 2020. QNED is a MiniLED TV. The 86-inch 8K QNED TV has 30,000 LEDs as backlight modules and 2,500 dimming zones.
A major advantage of QNED TV is price. OLED TVs are expensive, and LG Electronics intends to use QNED TVs to supplement the high-end market demand that OLED TVs cannot meet. LG said that the retail price of 8K QNED TVs is less than half of 8K OLED TVs, and the price of 4K QNED TVs is much lower than that of 4K LCD for Samsung TVs.
It is rumored that Samsung Electronics has invested in the establishment of a MiniLED backlight display TV production line in Vietnam, which will be mass-produced soon. It is reported that Apple's new iPad may also switch to MiniLED panels. Related companies are competing with Taiwanese Jingdian and Zhongshan Sanan Optoelectronics to obtain a stable supply of LED chips.
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