Ge Long Hui·2025-09-25 00:32Core Viewpoint - The upcoming promotional season in overseas markets is expected to boost panel procurement, indicating a positive trend in television demand as panel purchases serve as a leading indicator for TV demand [1] Group 1: Market Trends - The panel procurement volume is showing positive signals as the inventory destocking phase has ended, leading to a turnaround in demand [1] - According to data from AVC Revo, global TV panel shipments reached 22.3 million units in August 2025, representing a year-on-year increase of 7.6% and a month-on-month increase of 4.9%, continuing the positive trend observed since July [1] Group 2: Seasonal Demand - Global TV brands are actively preparing for the upcoming overseas promotional peaks during Black Friday and Christmas, indicating a short-term surge in overseas TV demand [1] - The anticipated increase in overseas demand may help mitigate some of the impacts from the domestic subsidy reduction [1]