TCL科技：预计从今年底到明年世界杯期间，TV面板需求侧会有较好表现

Core Viewpoint - TCL Technology indicates that while external tariff issues have disrupted the global supply chain inventory rhythm, overall global demand remains unchanged. The second quarter saw a decline in inventory demand compared to the first quarter, but this was primarily a timing issue rather than a demand issue. [1] Group 1: Demand Outlook - In the second half of the year, demand for TV panels is expected to rebound quickly due to upcoming shopping events such as China's Double Eleven, India's Diwali, and overseas Black Friday. [1] - The year 2026 is anticipated to be significant for sports events, which is expected to positively influence demand from the end of this year through the World Cup period next year. [1] Group 2: Supply Chain Dynamics - The first quarter experienced strong inventory demand, while the second quarter saw a sequential decline, indicating a shift in the inventory rhythm rather than a decrease in total demand. [1] - The industry is expected to reach a new balance between supply and demand starting in the third quarter. [1]