TV panel quotes to continue rising in March

Quotes for TV panels are set to continue rising in March even though the supply of TV panels are expected to improve with makers ramping up output in the wake of the coronavirus outbreak, according to industry sources.

TV brand vendors have not reduced their shipments pull-in even though end-market demand does not look promising, said the sources.

The sources also pointed out that some TV brands believe the supply of TV panels will remain tight in the near term as the display supply chain could take a further hit if the outbreak goes out of control in other countries, worsening supply of some key materials.

With the supply outlook remains uncertain, prices of 32-inch TV panels are likely to move up another USD 2 per unit in March after a hike of USD 3 in February, and those for 43-inch models will rise USD 3 after gaining USD 5 a month earlier, according to Sigmaintell Consulting.

Quotes for 55-inch ones will rally US$5 in March due to tight supply, after rising by USD 7 a month earlier. Those for 65-inch models are expected to rise USD 5 in June, while quotes for 75-inch sizes will remain stable at USD 291, said the market research firm.


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