What They Say
New research from Omdia has found that LCD TV panel shipments are set to decline by 6% in 2021. LCD TV display makers are expected to ship 256M units of LCD TV panel in 2021.
Chinese TV display panel makers are expected to increase their dominance of global shipments with their share of market set to increase by 10% YoY to 64% in 2021. There has also been a change in focus for many LCD TV Panel makers. The new capacity from Gen 8.6 and Gen 10.5 fabs, panel makers want to stop focusing on the 43-inch panel production to focus on 65-/75-inch panel production at Gen 10.5 fabs. More Gen 8.5 fabs capacity will be shifted to IT panel production, components supply constraint.
What We Think
If the demand for TV LCDs is so strong, perhaps LG will keep its TV panel business going for longer. Certainly, it should help keep prices firm. (BR)
