BOE: in the short and medium term, with the gradual elimination of terminal inventory, panel demand is expected to recover structurally.
CTOnews.com February 13 news, according to the investor relations activity record table disclosed by BOE, BOE talked about the views on the trend of panel prices on the recent conference call, saying that since the second half of 2021, panel prices have been structurally adjusted, and the prices of TV and IT LCD products have fallen to varying degrees.
BOE said that since the second half of 2021, panel prices have been structurally adjusted, and the prices of TV and IT LCD products have fallen to varying degrees. From the beginning of 2022 to the end of the third quarter, affected by the superposition of many factors, the demand of end customers is greatly affected, and the panel price is under pressure. Affected by the overall reduction of the farming rate in the industry, the relationship between supply and demand, especially the oversupply of LCD TV, has been greatly alleviated.
According to data from third-party consultants, the prices of LCD TV mainstream size products rose across the board in October and November. With the end of the peak season of the industry, the prices of LCD TV mainstream size products remained relatively stable in December 2022 and January 2023; the price decline of IT products has reduced, and the prices of some products have shown signs of stopping falling.
CTOnews.com learned that demand, BOE said in the short and medium term, with the gradual removal of terminal inventory, panel demand is expected to recover structurally. In the long run, the growth of panel demand will be driven by factors such as the continuation of large-scale products, the improvement of new technology penetration, and the expansion of application scenarios. At the same time, as the influence of uncertain factors is gradually digested, the pattern of industrial development will gradually return to rationality, and product prices will fluctuate within a reasonable range mainly affected by the off-peak season.
