LCD panel quotations have continued to tug-of-war recently. Due to the tight supply of various chips, the panel supply is still not out of control in the short term, but the noise from downstream demand is increasing. It is expected that the settlement price in July may continue to rise more than the previous month, but it may loosen in August at the earliest. .
The MoneyDJ report pointed out that even though panel quotations continued to rise in the second quarter, including AU Optronics, Innolux, and HannStar, the profit estimates for the second quarter are still bright, but whether the profitability in the second half of the year can still be maintained at the peak. Investors are more concerned about the focus.
Mainly smaller size TV panels, including 32-inch, 43-inch panels, etc., because of the increase in supply, demand tends to ease, since June this year, the quotations have been flat for two consecutive months. If the downstream pull of goods further slows down, it is not ruled out that in August this year, brand customers will be able to get the initial price reduction of 32-inch and 43-inch panels.
For other sizes and other application panels, the follow-up quotation trend also depends on the strength of demand. The focus of observation is whether the global sales of personal computers, notebook computers, and LCD TVs will be affected by factors such as changes in the allocation of consumer spending and changes in purchasing priorities after the European and American unblocking.
According to IDC research, global shipments of traditional PCs (including desktop computers, notebook computers, and workstations) reached 83.6 million units in the second quarter of this year, an annual increase of 13.2%. Although it still maintains growth, it is different from this year’s Compared with the annual increase of 55.9% in the first quarter and the increase of 25.8% in the fourth quarter of last year, the growth rate seems to be slowing down.
It will take time to observe whether the company can fill or exceed the consumption of personal computer products in the past year or more after the company resumes work and the capital expenditure of corporate procurement budgets resumes.
In terms of panel supply, TrendForce's survey shows that as the volume of new panel production lines in mainland China and the utilization rate increase, as well as the release of increased production capacity from panel makers to remove bottlenecks, the overall panel supply will also be released in the second half of this year. Upward for two consecutive seasons. If demand slows down a bit, panel supply and demand may end tight and become looser. In any case, changes in market demand are the most important observation indicators in front of us.