Core Viewpoint - In June 2025, there is a slight downward trend in television panel prices, while prices for monitors and laptop panels remain stable [1][4]. Television Panels - The average price for a 65-inch television panel is $176, down by $1 or 0.6% from the previous month, with a range of $171 to $180 [6]. - The average price for a 55-inch television panel is $126, also down by $1 or 0.8%, with a range of $121 to $129 [7]. - The average price for a 43-inch television panel is $65, down by $1 or 1.5%, with a range of $63 to $66 [8]. - The average price for a 32-inch television panel is $36, with a minimum of $35 and a maximum of $37 [9]. Monitor Panels - In June, monitor panel prices remain unchanged from the previous month [10]. - The average price for a 27-inch IPS panel is $63, with a range of $57.6 to $65.8 [11]. - The average price for a 23.8-inch IPS panel is $49.9, with a range of $47.1 to $51.4 [12]. Laptop Panels - In June, prices for laptop panels across all sizes remain stable compared to the previous month [12]. - The average price for a 17.3-inch TN panel is $38.3, with a range of $37.7 to $39.8 [13]. - The average price for a 15.6-inch Value IPS panel is $40.3, with a range of $38.6 to $41.9 [14]. - The average price for a 14.0-inch TN panel is $26.9, with a range of $26.4 to $28.1 [15]. - The average price for an 11.6-inch TN panel is $25.1, with a range of $24.2 to $26.5 [16].

业务调整 就标的公司来看，彩虹光电成立于2015年，主要从事TFT-LCD面板及模组等业务，是彩虹股份LCD8.6代线的运营主体。 简单来说，G8.6代线是显示面板制造领域的高世代生产线，其核心特征是以2250×2600mm（或2620×2290mm）的玻璃基板尺寸为基础，主要用于生产大 尺寸显示面板，如电视、显示器、车载屏等。 截至2024年12月31日，彩虹光电资产总额251.93亿元，净资产158.68亿元，2024年公司实现营业收入102.91亿元，净利润13.39亿元，为彩虹股份旗下核心 盈利资产。 公告显示，评估基准日2024年9月30日，彩虹光电全部权益评估值为168.12亿元，增值率3.46%，因彩虹光电于评估基准日后向全体股东派发现金股息6.5 亿元，因此本次交易挂牌底价为48.49亿元。 星标 ★ IPO日报 精彩文章第一时间推送 6月17日晚间，京东方科技集团股份有限公司（下称"京东方"，000725.SZ）发布公告，宣布拟参与收购咸阳彩虹光电科技有限公司（下称"彩虹光电"） 30%股权，挂牌底价为48.49亿元，资金来源为自筹资金。 本次交易前，彩虹显示器件股份有限公司（下称"彩虹股份 ...

Group 1 - The OLED display panel market is expected to experience significant growth, with a projected 132% year-on-year increase in 2024, continuing into 2025 [1] - TrendForce has revised the OLED display panel shipment forecast for this year from 2.8 million units to 3.4 million units, reflecting a year-on-year growth adjustment from 40% to 69% [1] - The overall panel market is facing some impact from tariff policies, but the OLED segment remains relatively unaffected, driven by high acceptance among gaming players and the expansion of product lines by brands [1] Group 2 - Samsung and LGD are actively investing resources to advance OLED technology while reducing LCD production capacity [1] - Domestic companies like Lite-On Optoelectronics are benefiting from the expansion of OLED panel manufacturers and the acceleration of domestic production of OLED materials [2] - OLED industry chain upstream companies like OLED are positioned as core suppliers for major panel manufacturers such as BOE and Visionox, driven by both materials and equipment [2]

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]

Group 1 - TrendForce has revised the OLED display panel shipment forecast for this year from 2.8 million to 3.4 million units, reflecting a year-on-year growth rate increase from 40% to 69% [1][4] - The OLED display panel market is experiencing strong growth momentum, driven by high acceptance among gaming players and the expansion of product lines by brands [4][5] - Samsung Display (SDC) and LG Display (LGD) continue to dominate the OLED display panel supply, with SDC shifting focus to OLED displays due to growth bottlenecks in OLED TV panels [4] Group 2 - LGD has adjusted its OLED display panel shipment target for this year to 800,000 units, with potential for further upward revision to 1 million units due to strong customer demand [4] - ASUS and MSI are actively promoting OLED display products, with ASUS's demand expected to exceed 500,000 units, contributing to LGD's positive outlook on OLED displays [5] - The Chinese market's trade-in policy is boosting domestic demand for OLED displays, prompting local second-tier brands to expand their product lines [5]

June 16, 2025 产业洞察 根据TrendForce集邦咨询最新调查，尽管总体经济情势面临压力，但OLED显示器面板买卖双方皆态 度积极，继2024年迎来爆发性的132%年成长后，预计这股出货动能将延续至2025年， TrendForce集 邦咨询因此上修今年OLED显示器面板出货量，由280万片调整至340万片，年增从40%上升至69% 整体面板市场受到关税政策带来的一定冲击，但OLED显示器面板目前受影响程度较轻微，成长动能 仍然强劲，主因之一是电竞玩家对OLED显示器接受度高，激励品牌扩大相关产品线。其次，韩系面 板厂也逐渐将发展重心放在OLED显示器面板。 TrendForce集邦咨询表示，OLED显示器面板供应仍由三星显示器(SDC)和乐金显示器(LGD)主导，随 着OLED电视面板在成长上遇到瓶颈，SDC转为重点发展OLED显示器，期望透过扩大显示器面板的 出货规模，达成A5产线维持高稼动率且获利的目标。 LGD原本受限于LCD业务亏损压力，没计划在OLED显示器领域和SDC中采取价格竞争，2025年出货 目标仅订于70万片以下。但考量客户需求畅旺、OLED面板供不应求，LCD一改先前的 ...

" 进 入 二 季 度 末 ， 手 机 面 板 市 场 延 续 结 构 性 分 化 态 势 ， a-Si 面 板 受 益 于 中 低 端 市 场 稳 定 需 求 ， 产 线 维 持 高稼动率；LTPS面板受车载显示等应用带动主力产线持续满载运行；而柔性AMOLE D面板在经历前期高 速增长后，受终端品牌采购节奏调整影响，需求出现小幅回落。 " 04 AMOLED方面：伴随国内手机厂商加速转向柔性AMOLED，刚性AMOLED需求持续收缩，为应对此局 面，三星显示（SDC）采取了主动降价策略试图刺激需求，但市场反馈平淡，降价效果有限；国内部分柔 性AMOLED产线近期从满产状态略有回落，预计6月将适度下调价格以维持稼动水平，但会坚守最低价格 底线，随着第三季度传统旺季来临，柔性AMOLED产线稼动率有望回升至高位，价格也将趋于稳定，部分 紧缺规格存在小幅提价的可能性； | Size & Resolution | | | Technology | | Touch | May.25' | Jun.25'(E) | Differ | | --- | --- | --- | --- | --- | --- | --- ...

" 进 入 二 季 度 末 ， 手 机 面 板 市 场 延 续 结 构 性 分 化 态 势 ， a-Si 面 板 受 益 于 中 低 端 市 场 稳 定 需 求 ， 产 线 维 持 高稼动率；LTPS面板受车载显示等应用带动主力产线持续满载运行；而柔性AMOLE D面板在经历前期高 速增长后，受终端品牌采购节奏调整影响，需求出现小幅回落。 " | | Size & Resolution | | Technology | | Touch | May.25' | Jun.25'(E) | Differ | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 6.5x" | Notch | HD+ | LCD | a-Si | TDDI | $6.7 | $6.7 | $0.0 | | 6.5x" | Notch | FHD+ | LCD | LTPS | TDDI | $9.4 | $9.4 | $0.0 | | 6.4x" | Notch | FHD+ | AMOLED | Rigid | On Cell | $16.0 | $16.0 | $0. ...

彭旭辉先生因工作调整原因申请辞去公司第十届董事会董事、董事长职务以及董事会战略与可持续 发展委员会委员、董事会风险管理委员会委员职务，辞职后将不在公司及其子公司担任任何职务。 彭旭辉先生原定的任期到期日为2025年7月7日。 根据《公司章程》等有关规定，彭旭辉先生辞职不会导致公司董事会成员人数低于法定最低人数， 其辞职报告自送达公司董事会之日起生效。 【集邦Display整理】 6月12日，天马微电子发布公告称，公司 董事会于近日收到彭旭辉先生的书 面辞职报告。 截至该公告披露日，彭旭辉先生持有公司股份7,800股，不存在未履行完毕的公开承诺。彭旭辉先 生辞职后将继续遵守相关法律法规有关股份转让的限制性规定。彭旭辉先生已按照公司相关规定完 成工作交接，该辞职事项不会影响公司董事会正常运作。公司将尽快按照相关规定完成董事的补选 工作。 同日，天马微电子 召开第十届董事会第三十一次会议，审议通过《关于选举公司董事长的议 案》。 董事会同意选举成为先生为公司董事长 （简历附后），任期至第十届董事会届满。根据 《公司章程》规定：董事长为公司的法定代表人。因此，天马微电子法定代表人变更为成为先生。 资料显示，成为，男， ...

【集邦Display整理】 6月12日，天马微电子发布公告称，公司 董事会于近日收到彭旭辉先生的书 面辞职报告。 彭旭辉先生因工作调整原因申请辞去公司第十届董事会董事、董事长职务以及董事会战略与可持续 发展委员会委员、董事会风险管理委员会委员职务，辞职后将不在公司及其子公司担任任何职务。 彭旭辉先生原定的任期到期日为2025年7月7日。 根据《公司章程》等有关规定，彭旭辉先生辞职不会导致公司董事会成员人数低于法定最低人数， 其辞职报告自送达公司董事会之日起生效。 截至该公告披露日，彭旭辉先生持有公司股份7,800股，不存在未履行完毕的公开承诺。彭旭辉先 生辞职后将继续遵守相关法律法规有关股份转让的限制性规定。彭旭辉先生已按照公司相关规定完 成工作交接，该辞职事项不会影响公司董事会正常运作。公司将尽快按照相关规定完成董事的补选 工作。 #天马微电子 #液晶面板 ▶ 关于集邦 同日，天马微电子 召开第十届董事会第三十一次会议，审议通过《关于选举公司董事长的议 案》。 董事会同意选举成为先生为公司董事长 （简历附后），任期至第十届董事会届满。根据 《公司章程》规定：董事长为公司的法定代表人。因此，天马微电子法定代表 ...