Core Viewpoint - The Chinese panel manufacturers have gained a dominant position in the LCD display panel market, holding nearly 70% market share, while their share in the LCD laptop panel market has just surpassed 50% and is expected to reach close to 70% in the next 4 to 5 years [1][4][7]. LCD Display Panel Market - By 2025, Chinese panel manufacturers are projected to hold 68% of the LCD display panel market, with Taiwanese and Korean manufacturers each holding about 16% [4]. - In 2026, the market share of Chinese manufacturers is expected to grow to 72%, while Taiwanese and Korean shares are anticipated to decline to 15% and 13%, respectively [4]. - The increase in market share for Chinese manufacturers is attributed to capacity expansion through mergers and new constructions, along with aggressive pricing strategies, leading to the exit of Taiwanese and Korean manufacturers due to poor profitability [4]. LCD Laptop Panel Market - In 2024, Chinese panel manufacturers hold 48% of the LCD laptop panel market, which is expected to exceed 50% in 2025, reaching 52%, and further increase to 54% in 2026 [5]. - Taiwanese manufacturers' market share is projected to decline from 37% in 2024 to 34% in 2025, and further to 32% in 2026 [5]. - Korean manufacturers are expected to maintain a market share of around 12% from 2024 to 2026, while Japanese manufacturers are projected to have shares of 3%, 2%, and 2% over the same period [6]. Long-term Outlook - Long-term projections indicate that Chinese panel manufacturers will continue to grow their market share until they reach nearly 70%, establishing dominance in the LCD laptop panel market [7]. - Taiwanese manufacturers face challenges due to overlapping customers and cost disadvantages, leading to a gradual erosion of their market share by Chinese manufacturers [7]. - Japanese manufacturers are expected to exit the LCD laptop panel market in the long run due to cost disadvantages [7]. - The LCD laptop market is anticipated to experience intense competition for market share, which will pressure product profit margins and accelerate the exit of overseas panel manufacturers, further increasing the market share of Chinese manufacturers [7].