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TV Prices on the Rise Driven by US Retail Demand

TV panel prices in the second half of July have experienced further increases compared to the first half of the month. The upward trend in prices has been consistent for five consecutive months since March according to Hana Securities in Korea.

TV Panel SizePrice in 1st Half of JulyPrice in 2nd Half of JulyPrice Change
75-inch$236$240+1.7%
65-inch$168$172+2.4%
55-inch$128$131+2.3%
43-inch$69$71+2.9%
32-inch$35$36+2.9%
Source: Hana Securities

The prices of all TV panel sizes have seen incremental increases, with the largest percentage rise observed in the 32-inch category. Hana Securities expects the upward trajectory in TV panel prices to continue for the foreseeable future. Several factors contribute to this projection including a 4.1% increase in US electronics retail sales compared to the same period last year, sustained growth in US electronics retail sales, and an ongoing tight supply amid a gradual recovery in demand.