According to TrendForce WitsView's latest quotation, the price of 55-inch TV panels "plummeted" by $40 in the second half of the day, a drop of 21.6%, the largest in history. Other large-size TV panels, such as 65-inch and 75-inch TV panels, also fell by more than $30 due to the compensating effect.

The decline could extend to Q1

Qiu Yubin TrendForce display research unit, senior vice President, said Europe and the United States television sales season in the third quarter under the stock has come to an end ahead of schedule, because of national holiday sales, October TV panel cargo kinetic energy is quite weak, and panel factory capacity adjustment range is not big, a glut on the market pressure, make TV panel declines in October, Panel price declines could extend into the first quarter of next year.

According to the agency's latest offer in late October, the price of all sizes of TV panels declined comprehensively, including the first 32, 43 inches of small TV panels to fall in July, October quoted back to $44, 78, Continued to drop 21%, 23% in October. The 32-inch panel, which hit a mid-year high of $88, has lost 50% of its price in just a few months.

Large-size TV panels also weakened, with 55-inch panels falling the most, down $40 or 21.6% in a month. The 65-inch is down $30, or 12%. The 55-inch and 65-inch end of October offers come to $145 and $220, respectively.

Small size panels against falling

Monitor panel and notebook panel are relatively supportive, 15.6-inch PC panel increased 0.2% in October, 14-inch and 11.6-inch PC panel decreased 0.5% and 3.1%, respectively. 23.8-inch monitor panel was quoted unchanged while 27-inch and 21.5-inch panels edged down 0.5% and 0.7%, respectively.

TrendForce also predicts that the supply/demand ratio for large-size panels will be 5.4% this year and 7.3% by 2022. As supply/demand tends to be relaxed, panel prices will remain weak for some time. Whether they can create a rebound opportunity will test the adjustment between operating rate, product mix and profit level.

Panel price hemostasis see production reduction plan

Qiu Yubin said, can observe the major panel factory in the fourth quarter whether there is a large production reduction plan, will become the panel price decline convergence and support key.

Fan Boyu, deputy general manager of research at TrendForce, said the supply-demand ratio for large-size panels is starting to loosen in 2022, rising from 5.4 percent this year to 7.3 percent next year.


Fan Boyu made no bones about the fact that the panel boom caused by the outbreak of COVID-19 gradually subsided, and the panel industry will enter a new turning point from the second half of 2021. Component supply is no longer out of stock in general, only specific critical components are still out of stock risk. However, with the slowdown of demand, the after-effects of over-stocking and logistics difficulties over the past year are emerging one by one, and the market is bound to take some time to digest.


Fan Boyu pointed out that The South Korean factory delayed the withdrawal from the TFT-LCD market, while a number of panel factories continue to start a new round of production expansion plans, which let the market supply and demand gradually relaxed direction.


The supply/demand ratio of large-size panels will be 5.4% in 2021, and is expected to reach 7.3% in 2022, indicating that panel prices will remain weak.


As for whether to create a rebound opportunity, will test the panel factory in capacity utilization rate, product mix and profit level between how to adjust.