Group 1 - The core viewpoint is that BOE A indicates a continuation of the inventory destocking trend among manufacturers entering the third quarter, with a slight decline in prices for certain sizes of LCD TV panels [1] - In August, as the peak season for panel stocking demand gradually recovers, prices for some LCD TV panels began to stabilize [1] - Looking ahead to the third quarter, the industry is expected to see a recovery in operating rates, and LCD TV panel prices are likely to stabilize or rise again [1]

Core Viewpoint - The article highlights a potential recovery in terminal demand for TV display panels due to the arrival of national subsidy funds and brands preparing for the peak season, despite ongoing price declines in the panel market [2][4]. Group 1: Market Demand - In Q2, domestic TV sales volume decreased by 10% year-on-year, primarily due to the suspension of national subsidy policies in several provinces [4]. - The end of the 618 shopping festival and a funding gap in "old-for-new" subsidies led to weakened terminal demand in July [5]. - With the national subsidy funds fully in place in August and brands ramping up inventory for the peak season, terminal demand is expected to show signs of mild recovery [4][5]. Group 2: Supply Side Dynamics - In July, the average operating rate for high-generation LCD TV panel production was approximately 78%, with a slight decrease of 2 percentage points, indicating a relatively loose supply situation [6]. - The operating rate is expected to increase to around 80% in August as brands begin to restore inventory needs, with panel shipments projected to grow by 7% year-on-year [6]. Group 3: Price Trends - The overall demand for panels in August is anticipated to remain weak, with prices continuing to decline but at a slower rate [7]. - The price for the mainstream 32" panel is expected to stabilize at $32, while prices for larger panels (43" to 85") may see a decline of $1 to $4 compared to July [7].

Group 1 - The core viewpoint indicates that despite ongoing weak demand, supply-side adjustments are maintaining a weak balance in the market, supporting a stabilization in panel prices in the short term. However, mid-to-high-end panel prices are facing slight downward pressure due to the transmission effect of TV prices [1] - In August, the global display panel market continued to experience weak demand, with prices showing a trend of stability with slight adjustments. The domestic market's third batch of national subsidies has limited impact, and brand procurement demand is decreasing [1] - The supply side is undergoing structural adjustments, with overseas manufacturers reducing LCD production capacity, while demand for TV panels is recovering moderately, further squeezing the capacity for display panels [1] Group 2 - For monitor panels, prices for 21.5" FHD, 23.8" FHD, and 27" FHD Open Cell & LCM panels are expected to remain stable in August [2] - In the notebook panel market, August is characterized by differentiated demand and supply adjustments. The back-to-school season and upcoming Black Friday are expected to slightly boost demand, although some brands are tightening procurement strategies [3] - Price predictions for notebook panels in August indicate that low-end HD TN panel prices are expected to remain stable, while mid-to-high-end specifications are showing a mixed trend [3]

Group 1: Core Insights - TrendForce's August panel price forecast indicates that TV panel prices have stopped declining, while monitor and laptop panel prices remain stable [1][4]. - TV brands are preparing for year-end promotions and maintaining procurement momentum for TV panels, leading to optimistic signals from panel manufacturers [4]. - Demand for TV panels is notably stronger for sizes below 50 inches, while demand for larger sizes (55 inches and above) remains weak, with inventory adjustments ongoing [4]. Group 2: Monitor Panel Insights - Demand for monitor panels has weakened entering the third quarter, with no upward price momentum observed [5]. - Most monitor panels are still operating at a loss, leading manufacturers to limit production, resulting in some mainstream sizes experiencing shortages [6]. - The expectation for August is that monitor panel prices will remain stable across the board [6]. Group 3: Laptop Panel Insights - Laptop panel demand is expected to remain stable through August, with some brands showing particularly strong demand [7]. - Manufacturers have limited room for price reductions on mainstream specifications, relying on high-end models for adjustments [7]. - The price trend for major laptop panel specifications is anticipated to remain stable, with discounts based on individual customer relationships [7].

Core Viewpoint - In July 2025, TV panel prices declined while monitor and laptop panel prices remained stable, indicating a weak demand in the TV panel market and a cautious outlook for the monitor and laptop segments [3][5][10]. TV Panels - The demand for TV panels in July remained weak due to some brand clients adjusting their procurement orders for Q3, which they used as leverage for negotiations [5][6]. - It is anticipated that with the approach of the year-end sales season, brand clients will increase their procurement volumes in August and September, potentially stabilizing panel prices [6]. - The price forecast for July indicates a decrease of $1 for 32-inch and 43-inch panels, $2 for 50-inch and 55-inch panels, and $3 for 65-inch and 75-inch panels [7]. Monitor Panels - As the third quarter begins, the demand for monitor panels has shown signs of slowing down, with only a few specifications experiencing slight supply shortages [8]. - The overall price trend for monitor panels in July is expected to remain flat, influenced by the declining demand and prices in the TV panel market [8]. Laptop Panels - The demand for laptop panels is expected to perform better in July and August, driven by a more optimistic outlook from some brand clients [10]. - Despite this positive outlook, panel manufacturers are hesitant to raise prices and may offer discounts to maintain customer relationships, leading to a stable price forecast for July [10].

Group 1: TV Panel Market - The demand for TV panels has shown a clear weakening trend since June, with brands adopting a more conservative purchasing attitude due to unclear terminal demand in the second half of the year and rising inventory levels [2][3] - Some brand clients have begun to request special pricing or MDF from panel manufacturers, who are showing slight flexibility in pricing due to the evident decrease in demand [3] - Price forecasts for June indicate a decline of $1 for 43-inch, 50-inch, and 55-inch panels, while 65-inch and 75-inch panels are expected to drop by $1 to $2 [3] Group 2: Monitor Panel Market - The demand for monitor panels has peaked, with brand clients showing signs of adjusting their orders, influenced by the weakening demand for TV panels [4] - Despite panel manufacturers hoping for slight price increases, most brand clients are resistant to continued price hikes in June, leading to an expectation of stable prices for monitor panels [4] Group 3: Laptop Panel Market - Brands are becoming more optimistic about the demand for laptop panels in the second half of the year, leading to an increase in orders [5] - The pricing trend for laptop panels is expected to remain stable, although there are emerging issues with memory shortages and significant price increases that could impact future order placements by brand clients [6]

Core Viewpoint - The panel prices for televisions have decreased in June 2025, while monitor and laptop panel prices have remained stable. The demand for television panels is weakening, leading brands to adopt a more conservative purchasing attitude [2][4]. Television Panels - In June, the demand for television panels has shown a more pronounced weakening trend, with brands becoming more cautious in their procurement. The unclear terminal demand for the second half of the year and rising inventory levels have led some brands to consider reducing their procurement momentum for Q3 [2][4]. - It is estimated that the prices for 43-inch, 50-inch, and 55-inch television panels will decrease by $1, while 65-inch and 75-inch panels are expected to drop by $1 to $2 [4]. Monitor Panels - The demand for monitor panels is reaching its peak, with brand clients beginning to adjust their orders. The weakening demand for television panels and their price declines are starting to affect monitor panel prices. Despite manufacturers hoping for slight price increases, most brand clients are not accepting continued price hikes in June, leading to an expected stabilization of monitor panel prices [5]. Laptop Panels - Brands are becoming more optimistic about the demand for laptops in the second half of the year, leading to an increase in orders for laptop panels. However, manufacturers are unlikely to propose price increases to maintain customer relationships and may employ various non-public pricing strategies to secure orders [6][7]. - The prices for laptop panels are expected to remain stable in June, although there are emerging concerns about memory shortages and significant price increases, which could impact future procurement attitudes of brand clients [7].

Group 1 - The mobile panel market continues to show structural differentiation as of the end of Q2, with a-Si panels benefiting from stable demand in the mid-to-low-end market, maintaining high utilization rates [1][3] - LTPS panels are driven by applications in automotive displays, leading to sustained full operation of main production lines, with major manufacturers like BOE and Tianma maintaining high production levels [3] - Flexible AMOLED panels have experienced a slight decline in demand due to adjustments in procurement rhythms by terminal brands after a period of rapid growth [1][3] Group 2 - The demand for a-Si panels remains strong, driven by pre-sale stocking needs for the "6.18" mid-year promotion, with prices stabilizing after a brief increase due to supply-demand tightness [3] - LTPS panel demand remains weak in the smartphone sector due to a clear trend of mid-to-high-end models migrating to AMOLED, keeping prices at low and stable levels [3] - Samsung Display has implemented a proactive price reduction strategy for rigid AMOLED to stimulate demand, but market feedback has been lukewarm, with limited effects on sales [3] Group 3 - Flexible AMOLED production lines have slightly decreased from full capacity, with expectations of moderate price adjustments in June to maintain utilization levels, while a return to high utilization is anticipated in Q3 as the traditional peak season approaches [3]

Core Viewpoint - The panel prices for TVs, monitors, and laptops are expected to remain stable in June 2025, despite some pressures from inventory levels and demand fluctuations [2][4][5]. Group 1: TV Panel Market - TV panel demand has weakened, leading to increased inventory levels since the first quarter. Brands are negotiating for better prices and discounts for the upcoming promotional season [2]. - The expectation for June is that TV panel prices will remain flat, although there is a possibility of slight declines in certain sizes due to ongoing buyer pressure [2][4]. Group 2: Monitor Panel Market - Monitor panel prices have been supported by active procurement from brand customers, but this momentum is slowing as inventory levels rise. The demand for TV panels is also affecting monitor panel pricing [4]. - Most panel manufacturers are cautious about further price increases, anticipating that brand customers will resist ongoing price hikes. Therefore, monitor panel prices are expected to stabilize in June [4]. Group 3: Laptop Panel Market - The demand for laptop panels is currently stable, with brand customers becoming more optimistic about the third quarter compared to earlier in the year [5]. - Despite this optimism, panel manufacturers remain cautious about future demand fluctuations and are unlikely to propose price increases, opting instead for discreet discounts to maintain key customer relationships. Thus, laptop panel prices are also expected to remain stable in June [5].

Core Insights - The panel prices for televisions and laptops remained stable in May 2025, while monitor panel prices saw a slight increase [3][4][6]. Group 1: Television Panel Market - Demand for television panels has shown signs of weakening as brand clients increase their inventory, leading to adjustments in orders and price negotiations with panel manufacturers [4][7]. - Manufacturers are implementing capacity adjustments to stabilize panel prices amid decreasing demand, with expectations of a price standoff between buyers and sellers [4][7]. - Overall, television panel prices are projected to remain flat in May 2025 [4][7]. Group 2: Monitor Panel Market - The monitor panel market is experiencing good demand driven by tariff issues, with some brand clients increasing their stock ahead of the expiration of a three-month tariff exemption [6][7]. - Prices for Open Cell panels are expected to rise by $0.2, with specific sizes like 21.5-inch and 27-inch projected to increase by $0.1, and the 23.8-inch size expected to rise by $0.2 due to strong demand [6][7]. - Despite some urgent orders, the demand remains inconsistent due to varying progress in Southeast Asia, leading to a cautious approach from manufacturers regarding price increases [7].