News on 2020-03-11 Beijing time, China’s touch screen network news, panel supply tensions intensified! IDC experts pointed out that the main reason for the price increase is at the Korean factory. According to the Economic Daily, Chen Jianzhu, a senior market analyst at International Data Corporation (IDC), pointed out today that in addition to additional orders due to TV brands worrying about the epidemic and driving panel price increases, the suspension of production of some LCD TV panels at Korean factories is the main reason for the price increase.
Chen Jianzhu analyzed that South Korean panel factory LG Display (LGD) planned at the beginning of this year, and the South Korean local LCD TV (LCD TV) panel production line will be suspended at the end of this year; Light-emitting diode (OLED) TV panel. Therefore, the reduction in the supply of LCD TV panels is the most important factor causing price increases.
In addition to the increase in panel prices caused by the reduction in supply, from the consumer side, Chen Jianzhu believes that the new coronary pneumonia epidemic impacts consumer market demand, coupled with the Tokyo Olympic Games to drive demand, may be seriously affected by the Japanese epidemic. In addition, I am afraid that the European Cup football game will also be affected by the Italian epidemic, cooling the demand that was originally expected by the market.
At the same time, Qunzhi Consulting also pointed out that due to the impact of the new coronavirus epidemic, the supply of upstream materials was in short supply, and the actual output of the panel factory in February was greatly affected. Observed from the demand side, despite the bleak performance of the Chinese sales market, the main TV brands have not reduced the demand for panel stocks, resulting in increased short-term panel supply tensions.
