Group 1 - Morgan Stanley's report indicates that TV brands have resumed normal procurement in response to year-end promotional activities in China and Europe, leading to a shift from a decrease to an increase in panel shipments for Q3, benefiting Taiwanese manufacturers AUO and Innolux [1] - The report highlights that September panel prices remained stable, with mainstream TV panel prices for sizes 32, 43, 55, 65, and 75 inches showing signs of bottoming out [1] - Q3 panel shipments are expected to increase by a low single-digit percentage, contrasting with a 9% decline in Q2 due to tariff uncertainties, which is anticipated to enhance panel manufacturers' bargaining power and alleviate price pressures [1] Group 2 - The stabilization of TV panel prices is expected to positively influence market sentiment towards panel stocks, particularly benefiting Taiwanese firms AUO and Innolux, with an estimated 2% quarter-over-quarter decrease in TV panel prices for Q3 [2] - IT panel prices are also expected to remain stable in September, with both monitor and notebook panel prices aligning with expectations, indicating a stable outlook for IT panel prices in the coming quarters [2] - Despite the positive sentiment from increased Q3 shipments and stabilized TV panel prices, the industry remains cautious, maintaining a "neutral" rating for AUO and Innolux while awaiting clearer signals for a price rebound [2]