TV LCD Panel Prices Slow Decline... "To Continue Next Year"

[Asia Economy Reporter Jeong Hyunjin] The prices of LCD panels for TVs, which had been plummeting, are now stabilizing. Although the downward trend is expected to continue until next year, the decline has eased due to increased TV demand during the year-end shopping season, including Black Friday and Cyber Monday.

According to DSCC, a display market research firm, as of November, the prices of TV LCD panels were $42 for 32-inch, $76 for 43-inch, and $135 for 55-inch models. These prices have fallen to the levels seen between July and September last year, erasing most of the price increases that occurred over the past year.

(Source: DSCC)

DSCC forecasts that this downward trend will continue into next year. Prices for 32-inch panels are expected to drop further to $35 by March, 43-inch to $65, and 55-inch to $111.

However, the rate of decline has somewhat eased. The average price drop for TV LCD panels during September and October exceeded 15%, but last month’s decline was limited to 6.4%. Industry insiders attribute the slowdown in price drops to TV manufacturers beginning to stockpile LCD panels. It is also interpreted that the reduction in pent-up demand caused by COVID-19 has gradually lessened, contributing to this trend.

Kim Sunwoo, a researcher at Meritz Securities, stated, "It appears that TV panel prices have entered a phase of stabilized decline," adding, "Since TV manufacturers are gradually increasing their inventory, panel prices might rebound in the first quarter of next year."

This content was produced with the assistance of AI translation services.