LED panel continues to dive sharply in October to drop $20

According to the price of LCD TVs monitored by DisplaySearch in October, the price of LCD panels of various sizes continued to decrease in October. The highest drop was the LED backlight LCD panel, with a drop of 6% and a price reduction of US$23. 4% in September. In addition, the drop of the ordinary LCD TV panel is between 1% and 4%.

LED panel continues to dive sharply in October

DisplaySearch monitors LCD TV panel prices for October

The price of LCD TV panels continues to decline, which is of great significance for the promotion of LED backlight LCD TVs in October, but inventory is still a problem. This, in turn, is putting increasing pressure on panel suppliers to further reduce prices to reduce inventory.

The decline in LCD panel prices has had a significant impact on upstream panel producers. Panel maker Taiwan AUO issued a third-quarter profit warning on October 8. It said that due to the significant decline in panel prices, it will have a negative impact on gross profit. It is expected that the operating results in the third quarter of this year will be significantly lower than the second quarter.