Core Insights - The mobile panel market is experiencing structural differentiation despite high overall utilization rates as the year-end promotional season approaches [1] Group 1: a-Si Panels - a-Si modules maintain full production due to stable demand in the low-end mobile and repair markets, but face intense competition leading to price pressure [2] - Prices for a-Si modules are expected to remain stable until the end of the year, with potential slight declines in early 2026 as demand weakens and supply pressures increase [2][3] Group 2: LTPS Panels - LTPS production rates remain high due to strong demand from non-mobile applications such as automotive, laptops, and tablets, despite weak smartphone demand [3] - Prices for LTPS panels are expected to remain flat in December, with new project prices anticipated to decrease in 2026 as manufacturers adopt competitive pricing strategies [3] Group 3: AMOLED Panels - Rigid AMOLED panels are facing demand shrinkage due to competition from flexible technologies, leading to price stabilization at low levels [3] - Flexible AMOLED manufacturers are experiencing slight declines in utilization rates due to slowed production rhythms, with aggressive pricing strategies being employed to secure orders for the upcoming year [3] - Prices for flexible AMOLED panels are projected to continue a downward trend into December and January 2026 [3]

Core Viewpoint - The mobile display panel market is experiencing structural differentiation despite high overall operating rates as the year-end promotional season approaches its end [2][3]. Group 1: a-Si Panels - a-Si panels maintain stable demand in the low-end mobile and repair markets, with main production lines operating at full capacity [3]. - Prices for a-Si modules are expected to remain stable until the end of the year, but may face downward pressure in early 2026 due to increased supply from new production lines [3][4]. Group 2: LTPS Panels - LTPS production lines benefit from strong demand in non-mobile applications such as automotive, laptops, and tablets, maintaining high operating rates [2][3]. - Prices for LTPS panels are expected to remain stable in December, but new project prices may see a decline in 2026 due to competitive bidding [3][4]. Group 3: AMOLED Panels - Rigid AMOLED panels are facing demand shrinkage due to competition from flexible technology, leading to stable but low prices [3]. - Flexible AMOLED manufacturers are experiencing slight declines in operating rates, with aggressive pricing strategies being adopted to secure orders for the upcoming year [3]. - Prices for flexible AMOLED panels are projected to continue a downward trend into December and January 2026 [4].

Core Viewpoint - The mobile display panel market is experiencing high operating rates due to strong demand driven by the traditional peak season in Q3, with market prices showing slight declines [2][3]. Group 1: a-Si Panels - a-Si panels continue to see strong demand in the mid-to-low-end market, but increased competition at the module level is leading to slight price declines [3]. - Despite stable screen prices, core components like driver ICs are in a downward cycle, and a-Si module prices are expected to continue to decrease slightly due to intense competition and price pressure from brand clients [3][4]. Group 2: LTPS Panels - The demand growth in the automotive display market, along with the iteration of notebooks and tablets, keeps LTPS production lines operating at full capacity [3]. - However, demand for LTPS in the smartphone sector remains sluggish, prompting some panel manufacturers to lower prices further to secure new project orders, with an expected price drop of $0.1 [3][4]. Group 3: AMOLED Panels - The demand for rigid AMOLED panels is declining due to the accelerated replacement by flexible panels, leading to short-term price stabilization at low levels [3]. - Flexible AMOLED panels are nearing full production capacity due to seasonal stocking, but aggressive pricing strategies by some manufacturers have initiated a downward price trend [3][4].