In 2019, with the intensification of international market competition, the price of splicing panel will decrease from the previous quarter to month by month, with the highest drop of about 15-20 yuan. Some models have been hovering at the edge of the cost line, and the profitability of the panel factory has declined significantly, even in the state of loss.
After the epidemic in 2020, due to the rise of raw materials and the urgent need to improve the profitability of panel factories, the price of splicing panels in the market for the first time in a comprehensive way in the beginning of the year. Then, a series of changes occurred at the panel supply side: Korean panel factory announced to stop production of LCD production line in South Korea, SDC withdrew from the splicing screen market, and LGD transferred display from South Korea factory to Guangzhou factory. From the perspective of terminal demand side, the epidemic situation affected By the end of June, the price of splicing panel has risen substantially for many consecutive months. This round of rising trend is expected to continue until the end of 2020.
