lcd panel ratings in stock
Creating an array of the best LCD Monitors for Stock Traders is one of the many ways you can make money on your PC. Unlike gaming rigs which require high-speed refresh rates and response times, you will only need clarity and a perfectly sized display to cater to your needs. This niche can involve a lot of different software at any given time, so your best bet is probably a multi-display machine. You want a set up that allows you scan multiple markets at the same time, decreases eye fatigue, offers high resolution, maximizes speed and keeps costs down. The setups below are more affordable and responsive than your standard Bloomberg terminal monitor. Users of TradeStation, Thinkorswim, and eSignal will benefit from the expansive real estate of a multi-monitor setup.
The cheapest solution we can find and recommend is the VIVO Hex LCD Monitor Stand, which can hold up to six 24-inch monitors via their 75 x 75 or 100 x 100 VESA mounting holes. This mechanism is made of high-grade steel and aluminum for durability.
Each arm will provide -15 to +15 degrees of tilt, and 360 degrees of swivel and pivot, giving you absolute control over how you would want to position each screen to get the perfect view angle. You also won’t need to worry about messy wires, since the VIVO Hex LCD Monitor Stand also includes an integrated cable management system.
The AOC I2369VM is one of the cheapest 23-inch monitors with IPS panels available in the market today. Despite fitting the budget category of monitors, this model utilizes a slim design with a three-sided bezel-free face making it suitable for side by side placement. Also, the matte silver finish gives it a sophisticated look which further emphasizes on its business-class nature.
The IPS panel in the AOC I2369VM is capable of excellent contrast ratio, gamma, and panel uniformity ensuring your work is visibly clear and precise even if viewed at an off angle. You also get a pixel response time of 5ms, so you need not worry about ghosting or interlacing while your programs continually update their content.
The IPS panel appears crisp and vibrant especially if you use the included sRGB mode in the OSD, which produces a Delta E result of only 1.80. You sacrifice a bit of contrast in this mode, but we can’t argue with correctly saturated images and accurate colors which are often associated with high-end monitors.
Of course, this model also includes an IPS panel for excellent clarity and viewing angles. Using the Multimedia preset enables lush colors and correct saturation levels. This out of the box performance is excellent for easily building your command center with multiple monitors for stock trading,
The Dell P43127Q is one of the most specialized monitors for stock trading because it is a multi-client display. The massive 43-inch screen with a 4K panel can split into four different sections with 1080p resolutions each, giving users a simulated quad monitor experience for unrivaled efficiency.
You can utilize several host devices to stream multiple sources in the Dell P4317Q, or you can utilize the massive viewing space to open your widgets and designate them to a side or quadrant freely. The gorgeous 10-bit IPS panel can display near perfect coverage of the sRGB gamut, and panel uniformity is excellent for something so big.
Another excellent behemoth is the Philips BDM4350UC, a 43-inch professional monitor with an IPS panel. This model almost looks like your 4K TV in the living room with thin bezels, making it look like a gorgeous centerpiece for your office or workspace. Just like the Del P4317Q above, this screen can also serve as a multi-client device. The 4K resolution of the big screen also enables you to open multiple apps and widgets simultaneously, ensuring your workflow is efficient.
The Philips BDM4350UC carries a high-quality IPS panel with eye-popping color and detail, plus our review unit did not display any severe backlight bleeding or poor uniformity, which is quite rare for big screens. This option is excellent for designing and movies, and we can’t imagine why it shouldn’t be included as one of the best monitors for stock trading.
The LG 34UC97 is an excellent ultra-wide monitor with an IPS panel with 99% coverage of the sRGB gamut. This color-accurate wonder gently curves with a 3800mm radius giving its users a perceived wrapped-around feeling which can enhance immersion and focus. You can also split the screen into several configurations via LG’s Screen Split software according to your needs.
A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystals. Liquid crystals do not emit light directly, instead using a backlight or reflector to produce images in color or monochrome. LCDs are available to display arbitrary images (as in a general-purpose computer display) or fixed images with low information content, which can be displayed or hidden, such as preset words, digits, and seven-segment displays, as in a digital clock. They use the same basic technology, except that arbitrary images are made up of a large number of small pixels, while other displays have larger elements. LCDs can either be normally on (positive) or off (negative), depending on the polarizer arrangement. For example, a character positive LCD with a backlight will have black lettering on a background that is the color of the backlight, and a character negative LCD will have a black background with the letters being of the same color as the backlight. Optical filters are added to white on blue LCDs to give them their characteristic appearance.
LCDs are used in a wide range of applications, including LCD televisions, computer monitors, instrument panels, aircraft cockpit displays, and indoor and outdoor signage. Small LCD screens are common in portable consumer devices such as digital cameras, watches, calculators, and mobile telephones, including smartphones. LCD screens are also used on consumer electronics products such as DVD players, video game devices and clocks. LCD screens have replaced heavy, bulky cathode ray tube (CRT) displays in nearly all applications. LCD screens are available in a wider range of screen sizes than CRT and plasma displays, with LCD screens available in sizes ranging from tiny digital watches to very large television receivers. LCDs are slowly being replaced by OLEDs, which can be easily made into different shapes, and have a lower response time, wider color gamut, virtually infinite color contrast and viewing angles, lower weight for a given display size and a slimmer profile (because OLEDs use a single glass or plastic panel whereas LCDs use two glass panels; the thickness of the panels increases with size but the increase is more noticeable on LCDs) and potentially lower power consumption (as the display is only "on" where needed and there is no backlight). OLEDs, however, are more expensive for a given display size due to the very expensive electroluminescent materials or phosphors that they use. Also due to the use of phosphors, OLEDs suffer from screen burn-in and there is currently no way to recycle OLED displays, whereas LCD panels can be recycled, although the technology required to recycle LCDs is not yet widespread. Attempts to increase the lifespan of LCDs are quantum dot displays, which offer similar performance as an OLED display, but the Quantum dot sheet that gives these displays their characteristics can not yet be recycled.
Since LCD screens do not use phosphors, they rarely suffer image burn-in when a static image is displayed on a screen for a long time, e.g., the table frame for an airline flight schedule on an indoor sign. LCDs are, however, susceptible to image persistence. The LCD screen is more energy-efficient and can be disposed of more safely than a CRT can. Its low electrical power consumption enables it to be used in battery-powered electronic equipment more efficiently than CRTs can be. By 2008, annual sales of televisions with LCD screens exceeded sales of CRT units worldwide, and the CRT became obsolete for most purposes.
The Samsung QN90B QLED is the best TV with an LED panel we"ve tested. It"s an impressive TV with amazing picture quality and a great selection of gaming features. It uses a Mini LED backlight, with way more dimming zones than most LED TVs, which allows for greater control over the local dimming feature for better dark room performance, with less distracting blooming around bright objects. It also gets exceptionally bright, meaning it can handle lots of glare in a bright room.
This nearly $4.9 billion company is a Taiwanese manufacturer of flat panel displays used in a wide variety of consumer electronics products such as high-def televisions, smartphones, notebook computers, and the touch-screen technology now being used in automobiles and payment-processing terminals.
Roughly 20% of large thin-film transistor LCD (TFT) panels in the world are produced by AU Optronics. Almost all Sonyundefined televisions in 2014 used AU Optronics flat panels, while Panasonic, LG(, Toshiba, Philips
According to Bloomberg.com, the six research firms presently monitoring LG Display Co., Ltd. (NYSE: LPL) have assigned the company an average rating of “Hold” for their company coverage. These research firms are currently monitoring the company. The company has received a total of four ratings from analysts who specialize in equity research. Two ratings recommend selling shares of the company; one rating recommends maintaining the company’s ratings, and the other two recommend buying shares of the company.
Display panels are designed, manufactured, and sold by LG Display Co., Ltd. The company uses organic light-emitting diode (OLED) and thin-film transistor liquid crystal display (TFT-LCD) technologies. OLED stands for organic light-emitting diode, and TFT-LCD stands for thin-film transistor liquid crystal display. Its TFT-LCD and OLED-based display panels are used extensively in various consumer electronics, such as televisions, laptops, desktop monitors, tablets, smartphones, and even displays found in automobiles. These display panels are also used in a variety of other applications.
This nearly $4.9 billion company is a Taiwanese manufacturer of flat panel displays used in a wide variety of consumer electronics products such as high-def televisions, smartphones, notebook computers, and the touch-screen technology now being used in automobiles and payment-processing terminals.
Roughly 20% of large thin-film transistor LCD (TFT) panels in the world are produced by AU Optronics. Almost all Sonyundefined televisions in 2014 used AU Optronics flat panels, while Panasonic, LG(, Toshiba, Philips
According to Bloomberg.com, the six research firms presently monitoring LG Display Co., Ltd. (NYSE: LPL) have assigned the company an average rating of “Hold” for their company coverage. These research firms are currently monitoring the company. The company has received a total of four ratings from analysts who specialize in equity research. Two ratings recommend selling shares of the company; one rating recommends maintaining the company’s ratings, and the other two recommend buying shares of the company.
Display panels are designed, manufactured, and sold by LG Display Co., Ltd. The company uses organic light-emitting diode (OLED) and thin-film transistor liquid crystal display (TFT-LCD) technologies. OLED stands for organic light-emitting diode, and TFT-LCD stands for thin-film transistor liquid crystal display. Its TFT-LCD and OLED-based display panels are used extensively in various consumer electronics, such as televisions, laptops, desktop monitors, tablets, smartphones, and even displays found in automobiles. These display panels are also used in a variety of other applications.
The Hisense U8H matches the excellent brightness and color performance of much pricier LCD TVs, and its Google TV smart platform is a welcome addition. But it’s available in only three screen sizes.
The Hisense U8H is the best LCD/LED TV for most people because it delivers the performance of a much pricier TV yet starts at under $1,000, for the smallest (55-inch) screen size. This TV utilizes quantum dots, a full-array backlight with mini-LEDs, and a 120 Hz refresh rate to deliver a great-looking 4K HDR image. It’s compatible with every major HDR format. And it’s equipped with two full-bandwidth HDMI 2.1 inputs to support 4K 120 Hz gaming from the newest Xbox and PlayStation consoles. Add in the intuitive, fully featured Google TV smart-TV platform, and the U8H’s price-to-performance ratio is of inarguable value.
In terms of design, the Hisense U8H is not as svelte as our upgrade pick, but it’s plenty sturdy and doesn’t look or feel cheap. Two narrow, metal feet jut out from beneath the panel and steadily hold the TV. They can be attached in two separate spots, either closer in toward the middle of the panel or out toward the edges, to account for different-size TV stands. The feet are also equipped with cable organization clasps—a nice touch for keeping your TV stand free of cable clutter. Though the TV is primarily plastic, its bezels are lined with metal strips, providing a bit more durability in the long run. I moved it around my home, and it was no worse for wear, but we’ll know more after doing some long-term testing.
The Hisense U8H has some difficulties with banding, or areas of uneven gradation, where transitions that should appear smooth instead look like “bands” of color (sometimes also called posterization). Like many current 4K HDR TVs, the U8H uses an 8-bit panel rather than a 10-bit panel, which affects the color decoding and color presentation process. This is usually relevant only with HDR video and games. When playing games on the PlayStation 5 and Xbox Series X, I saw a few instances where the content wasn’t rendered correctly and displayed ugly splotches of color on the screen. However, this almost always occurred during static screens (such as a pause menu or loading screen); I rarely spotted it during actual gameplay. Hisense has stated that it would address the problem in a future firmware update, but at the time of writing it was still present. This is a flaw that may give dedicated gamers pause, but we don’t consider it to be a dealbreaker for most people.
Finally, like most TVs that use vertical alignment (VA) LCD panels, the U8H has a limited horizontal viewing angle, which may be a bit annoying if you’re hoping to entertain a large crowd. Our upgrade pick uses a special wide-angle technology to address this.
The industrial and public displays market has been growing from 7.6% of total market share in 2020 to 8.5% in 2021, and is expected to grow to 8.7% in 2022. Chinese panel makers have taken the lead for industrial display, in which Tianma tops the first place with 37% share in 2022, followed by BOE, AUO, Innolux and Truly, according to Omdia.
Global factors have had a major impact on LCD panel demand in 2022, causing industry players to expect demand to remain weak through the first half of 2023. Taiwan-based LCD panel makers such as AU Optronics (AUO) and Innolux are making moves to boost their market share by targeting smart markets and creating value-added services.
Though demand for LCD panels has nosedived in 2022, automotive displays will drive global LCD panel output value to continually increase to over US$70 billion in 2030, according to DIGITIMES Research director Tony Huang.
LCD panel maker AUO has disclosed it has cooperated with VFX (visual effects) specialist Renovatio Pictures to set up an LED virtual studio at Central Motion Picture"s film studio in Taipei to provide integrated services consisting of shooting scenes and stages, content production, technical counseling and rental equipment.
While global sales of smartphones have decreased, global shipments of smartphone-use flexible OLED panels keep increasing but those of rigid OLED panels have slipped, according to industry sources.
As global demand for XR (extended reality) headsets is expected to take off in 2023, microLED panels tend to surpass LCD and OLED panels to become mainstream, specifically for XR devices, according to South Korea-based Money Today.
LCD panel maker Innolux has reported consolidated revenue of NT$16.182 billion (US$529.25 million) for November, growing 3.61% sequentially but slipping 39.15% on year.
LG Display (LGD) will bring to an end production of LCD panels at its P7 plant in Paju, northern South Korea, sooner in mid-December 2022 or later at the end of the month, and thus end production of all LCD panels in South Korea, according to South Korea-based TheElec.
Chinese panel makers including BOE, TCL CSOT, and Visionox have been acting keenly to expand AMOLED capacities, following the footsteps of Korea-based Samsung Display and LG Display, according to DIGITIMES Research"s latest study.
Global OLED Technology (GOT), LG Display"s (LGD) subsidiary that owns and licenses OLED technology patents, sent warning to China-based panel maker BOE Technology against infringing on such patents in the first half of 2022, according to South Korea-based media The Elec.
LCD panel maker AUO has announced its consolidated revenue in November reached NT$17.48 billion (US$571.26 million), up by 1.7% month-over-month but down 43.4% year-over-year.
As the display industry stays in stagnation, Taiwan-based PMOLED panel makers, including Ritdisplay and Wisechip Semiconductor, have been venturing into new business segments.
PMOLED (passive matrix OLED) panel maker Ritdisplay has stepped into battery business by establishing subsidiary battery maker Ritwin and investing in Welltech Energy, and expects the battery business to mainly drive business growth in the future, according to the company.
Sales promotion of TVs at the Double 11 (November 11) online shopping festival in the China market and the Black Friday & Cyber Monday shopping festival in the US market has helped TV vendors lower inventory levels and, in turn, is conducive to a rebound in demand for TV-use LCD panels, according to president James Yang for TFT-LCD panel maker Innolux and president Frank Ko for fellow maker AUO.
[Introduction]: This paper analyzes the competitive pattern of the panel display industry from both supply and demand sides. On the supply side, the optimization of the industry competition pattern by accelerating the withdrawal of Samsung’s production capacity is deeply discussed. Demand-side focuses on tracking global sales data and industry inventory changes.
Since April 2020, the display device sector rose 4.81%, ranking 11th in the electronic subsectors, 3.39 percentage points behind the SW electronic sector, 0.65 percentage points ahead of the Shanghai and Shenzhen 300 Index. Of the top two domestic panel display companies, TCL Technology is up 11.35 percent in April and BOE is up 4.85 percent.
Specific to the panel display plate, we still do the analysis from both ends of supply and demand: supply-side: February operating rate is insufficient, especially panel display module segment grain rate is not good, limited capacity to boost the panel display price. Since March, effective progress has been made in the prevention and control of the epidemic in China. Except for some production lines in Wuhan that have been delayed, other domestic panels show that the production lines have returned to normal. In South Korea, Samsung announced recently that it would accelerate its withdrawal from all LCD production lines. This round of output withdrawal exceeded market expectations both in terms of pace and amplitude. We will make a detailed analysis of it in Chapter 2.
Demand-side: We believe that people spend more time at home under the epidemic situation, and TV, as an important facility for family entertainment, has strong demand resilience. In our preliminary report, we have interpreted the pick-up trend of domestic TV market demand in February, which also showed a good performance in March. At present, the online market in China maintains a year-on-year growth of about 30% every week, while the offline market is still weak, but its proportion has been greatly reduced. At present, people are more concerned about the impact of the epidemic overseas. According to the research of Cinda Electronics Industry Chain, in the first week, after Italy was closed down, local TV sales dropped by about 45% from the previous week. In addition, Media Markt, Europe’s largest offline consumer electronics chain, also closed in mid-March, which will affect terminal sales to some extent, and panel display prices will continue to be under pressure in April and May. However, we believe that as the epidemic is brought under control, overseas market demand is expected to return to the pace of China’s recovery.
From a price perspective, the panel shows that prices have risen every month through March since the bottom of December 19 reversed. However, according to AVC’s price bulletin of TV panel display in early April, the price of TV panel display in April will decrease slightly, and the price of 32 “, 39.5 “, 43 “, 50 “and 55” panels will all decrease by 1 USD.65 “panel shows price down $2; The 75 “panel shows the price down by $3.The specific reasons have been described above, along with the domestic panel display production line stalling rate recovery, supply-side capacity release; The epidemic spread rapidly in Europe and the United States, sports events were postponed, local blockades were gradually rolled out, and the demand side declined to a certain extent.
Looking ahead to Q2, we think prices will remain under pressure in May, but prices are expected to pick up in June as Samsung’s capacity is being taken out and the outbreak is under control overseas. At the same time, from the perspective of channel inventory, the current all-channel inventory, including the inventory of all panel display factories, has fallen to a historical low. The industry as a whole has more flexibility to cope with market uncertainties. At the same time, low inventory is also the next epidemic warming panel show price foreshadowing.
In terms of valuation level, due to the low concentration and fierce competition in the panel display industry in the past ten years, the performance of sector companies is cyclical to a certain extent. Therefore, PE, PB, and other methods should be comprehensively adopted for valuation. On the other hand, the domestic panel shows that the leading companies in the past years have sustained large-scale capital investment, high depreciation, and a long period of poor profitability, leading to the inflated TTM PE in the first half of 2014 to 2017. Therefore, we will display the valuation level of the sector mainly through the PB-band analysis panel in this paper.
In 2017, due to the combined impact of panel display price rise and OLED production, the valuation of the plate continued to expand, with the highest PB reaching 2.8 times. Then, with the price falling, the panel shows that PB bottomed out at the end of January 2019 at only 1.11 times. From the end of 2019 to February, the panel shows that rising prices have driven PB all the way up, the peak PB reached 2.23 times. Since entering March, affected by the epidemic, in the short term panel prices under pressure, the valuation of the plate once again fell back to 1.62 times. In April, the epidemic situation in the epidemic country was gradually under control, and the valuation of the sector rebounded to 1.68 times.
We believe the sector is still at the bottom of the stage as Samsung accelerates its exit from LCD capacity and industry inventories remain low. Therefore, once the overseas epidemic is under control and the domestic demand picks up, the panel shows that prices will rise sharply. In addition, the plate will also benefit from Ultra HD drive in the long term. Panel display plate medium – and long-term growth logic is still clear. Coupled with the optimization of the competitive pattern, industry volatility will be greatly weakened. The current plate PB compared to the historical high has sufficient space, optimistic about the plate leading company’s investment value.
Revenue at Innolux and AU Optronics has been sluggish for several months and improved in March. Since the third quarter of 2017, Innolux’s monthly revenue growth has been negative, while AU Optronics has only experienced revenue growth in a very few months.AU Optronics recorded a record low revenue in January and increased in February and March. Innolux’s revenue returned to growth in March after falling to its lowest in recent years in February. However, because the panel display manufacturers in Taiwan have not put in new production capacity for many years, the production process of the existing production line is relatively backward, and the competitiveness is not strong.
On March 31, Samsung Display China officially sent a notice to customers, deciding to terminate the supply of all LCD products by the end of 2020.LGD had earlier announced that it would close its local LCDTV panel display production by the end of this year. In the following, we will analyze the impact of the accelerated introduction of the Korean factory on the supply pattern of the panel display industry from the perspective of the supply side.
The early market on the panel display plate is controversial, mainly worried about the exit of Korean manufacturers, such as LCD display panel price rise, or will slow down the pace of capacity exit as in 17 years. And we believe that this round of LCD panel prices and 2017 prices are essentially different, the LCD production capacity of South Korean manufacturers exit is an established strategy, will not be transferred because of price warming. Investigating the reasons, we believe that there are mainly the following three factors driving:
(1) Under the localization, scale effect, and aggregation effect, the Chinese panel leader has lower cost and stronger profitability than the Japanese and Korean manufacturers. In terms of cost structure, according to IHS data, material cost accounts for 70% of the cost displayed by the LCD panel, while depreciation accounts for 17%, so the material cost has a significant impact on it. At present, the upstream LCD, polarizer, PCB, mold, and key target material line of the mainland panel display manufacturers are fully imported into the domestic, effectively reducing the material cost. In addition, at the beginning of the factory, manufacturers not only consider the upstream glass and polarizer factory but also consider the synergy between the downstream complete machine factory, so as to reduce the labor cost, transportation cost, etc., forming a certain industrial clustering effect. The growing volume of shipments also makes the economies of scale increasingly obvious. In the long run, the profit gap between the South Korean plant and the mainland plant will become even wider.
(2) The 7 and 8 generation production lines of the Korean plant cannot adapt to the increasing demand for TV in average size. Traditionally, the 8 generation line can only cut the 32 “, 46 “, and 60” panel displays. In order to cut the other size panel displays economically and effectively, the panel display factory has made small adjustments to the 8 generation line size, so there are the 8.5, 8.6, 8.6+, and 8.7 generation lines. But from the cutting scheme, 55 inches and above the size of the panel display only part of the generation can support, and the production efficiency is low, hindering the development of large size TV. Driven by the strong demand for large-size TV, the panel display generation line is also constantly breaking through. In 2018, BOE put into operation the world’s first 10.5 generation line, the Hefei B9 plant, with a designed capacity of 120K/ month. The birth of the 10.5 generation line is epoch-making. It solves the cutting problem of large-size panel displays and lays the foundation for the outbreak of large-size TV. From the cutting method, one 10.5 generation line panel display can effectively cut 18 43 inches, 8 65 inches, 6 75 inches panel display, and can be more efficient in hybrid mode cutting, with half of the panel display 65 inches, the other half of the panel display 75 inches, the yield is also guaranteed. Currently, there are a total of five 10.5 generation lines in the world, including two for domestic panel display companies BOE and Huaxing Optoelectronics. Sharp has a 10.5 generation line in Guangzhou, which is mainly used to produce its own TV. Korean manufacturers do not have the 10.5 generation line. In the context of the increasing size of the TV, Korean manufacturers are obviously at a disadvantage in competitiveness.
(3) As the large-size OLED panel display technology has become increasingly mature, Samsung and LGD hope to transfer production to large-size OLED with better profit prospects as soon as possible. Apart from the price factor, the reason why South Korean manufacturers are exiting LCD production is more because the large-size OLED panel display technology is becoming mature, and Samsung and LGD hope to switch to large-size OLED production as soon as possible, which has better profit prospects. At present, there are three major large-scale OLED solutions including WOLED, QD OLED, and printed OLED, while there is only WOLED with a mass production line at present.
According to statistics, shipments of OLED TVs totaled 2.8 million in 2018 and increased to 3.5 million in 2019, up 25 percent year on year. But it accounted for only 1.58% of global shipments. The capacity gap has greatly limited the volume of OLED TV.LG alone consumes about 47% of the world’s OLED TV panel display capacity, thanks to its own capacity. Other manufacturers can only purchase at a high price. According to the industry chain survey, the current price of a 65-inch OLED panel is around $800-900, while the price of the same size LCD panel is currently only $171.There is a significant price difference between the two.
Samsung and LGD began to shut down LCD production lines in Q3 last year, leading to the recovery of the panel display sector. Entering 2020, the two major South Korean plants have announced further capacity withdrawal planning. In the following section, we will focus on its capacity exit plan and compare it with the original plan. It can be seen that the pace and magnitude of Samsung’s exit this round is much higher than the market expectation:
(1) LGD: LGD currently has three large LCD production lines of P7, P8, and P9 in China, with a designed capacity of 230K, 240K, and 90K respectively. At the CES exhibition at the beginning of this year, the company announced that IT would shut down all TV panel display production capacity in South Korea in 2020, mainly P7 and P8 lines, while P9 is not included in the exit plan because IT supplies IT panel display for Apple.
(2) Samsung: At present, Samsung has L8-1, L8-2, and L7-2 large-size LCD production lines in South Korea, with designed production capacities of 200K, 150K, and 160K respectively. At the same time in Suzhou has a 70K capacity of 8 generation line.
Global shipments of TV panel displays totaled 281 million in 2019, down 1.06 percent year on year, according to Insight. In fact, TV panel display shipments have been stable since 2015 at between 250 and 300 million units. At the same time, from the perspective of the structure of sales volume, the period from 2005 to 2010 was the period when the size of China’s TV market grew substantially. Third-world sales also leveled off in 2014. We believe that the sales volume of the TV market has stabilized and there is no big fluctuation. The impact of the epidemic on the overall demand may be more optimistic than the market expectation.
In contrast to the change in volume, we believe that the core driver of the growth in TV panel display demand is actually the increase in TV size. According to the data statistics of Group Intelligence Consulting, the average size of TV panel display in 2014 was 0.47 square meters, equivalent to the size of 41 inches screen. In 2019, the average TV panel size is 0.58 square meters, which is about the size of a 46-inch screen. From 2014 to 2019, the average CAGR of TV panel display size is 4.18%. Meanwhile, the shipment of TV in 2019 also increased compared with that in 2014. Therefore, from 2014 to 2019, the compound growth rate of the total area demand for TV panel displays is 6.37%.
It is assumed that 4K screen and 8K screen will accelerate the penetration and gradually become mainstream products in the next 2-3 years. The pace of screen size increase will accelerate. We have learned through industry chain research that the average size growth rate of TV will increase to 6-8% in 2020. Driven by the growth of the average size, the demand area of global TV panel displays is expected to grow even if TV sales decline, and the upward trend of industry demand remains unchanged.
Meanwhile, the global LCDTV panel display demand will increase significantly in 2021, driven by the recovery of terminal demand and the continued growth of the average TV size. In 2021, the whole year panel display will be in a short supply situation, the mainland panel shows that both males will enjoy the price elasticity.
This paper analyzes the competition pattern of the panel display industry from both supply and demand sides. On the supply side, the optimization of the industry competition pattern by accelerating the withdrawal of Samsung’s production capacity is deeply discussed. Demand-side focuses on tracking global sales data and industry inventory changes. Overall, we believe that the current epidemic has a certain impact on demand, and the panel shows that prices may be under short-term pressure in April or May. But as Samsung’s exit from LCD capacity accelerates, industry inventories remain low. So once the overseas epidemic is contained and domestic demand picks up, the panel suggests prices will surge. We are firmly optimistic about the A-share panel display plate investment value, maintain the industry “optimistic” rating. Suggested attention: BOE A, TCL Technology.
The LCD Display Upgrade provides additional information while riding, including Speedometer, Odometer, Trip Odometer, Average Speed, Max Speed, and Pedal Assist (PAS) levels 1-4. This replaces the stock LED display on the RadRunner, RadMission, and RadExpand.
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