Core Viewpoint - The article discusses the performance and strategies of six Taiwanese panel manufacturers in May 2025, highlighting revenue growth for some companies and the overall market dynamics affecting panel prices and demand [1]. Market Trends and Price Movements - In May, TV and laptop panel prices remained stable, while monitor panel prices experienced a slight increase [1]. - TrendForce indicated a weakening demand for TV panels, leading to increased inventory levels among brand manufacturers, which pressured panel manufacturers to stabilize prices through capacity adjustments [1]. - The monitor panel market saw increased demand due to tariff issues, with some brand clients ramping up inventory ahead of a three-month tariff exemption expiration [1]. - For June, TrendForce forecasts stable prices across TV, monitor, and laptop panels, with potential slight declines in specific TV panel sizes due to buyer pressure [2]. Panel Manufacturers' Dynamics and Strategies - In response to market fluctuations, several panel manufacturers took proactive measures in May [3]. - AUO Display Plus, a subsidiary of AUO, formed a strategic partnership with US-based Nanolumens to develop customized display systems leveraging Micro LED technology [4]. - AUO reported advancements in Micro LED applications for TVs and automotive displays, with products already adopted by companies like Samsung and Sony Honda Mobility [4]. - Innolux showcased innovative Micro LED products at the SID Display Week 2025 and expanded into non-display sectors by collaborating with Delta Electronics to establish a large-scale energy storage system [4]. - HannStar achieved a 14.3% month-over-month increase in shipments of small-sized panels (under 11 inches) and a 34.0% increase in large-sized and proprietary brand products [5].

Core Viewpoint - The panel prices for TVs, monitors, and laptops are expected to remain stable in June, despite pressures from inventory levels and demand fluctuations [1]. TV Panels - Demand for TV panels is weakening as brand clients have been increasing inventory since Q1, leading to a more flexible procurement strategy to negotiate prices with panel manufacturers [2]. - Panel manufacturers are attempting to maintain supply-demand balance through capacity adjustments, but some may still offer price concessions to stabilize client relationships [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]. Monitor Panels - Following tariff issues, brand clients maintained an aggressive stocking attitude, but this has begun to slow down in June as inventory levels rise [3]. - The weakening demand for TV panels is also impacting monitor panel prices, leading to a more conservative outlook among manufacturers regarding price increases [3]. - The expectation for June is that monitor panel prices will shift to a stable stance across the board [3]. Laptop Panels - Demand for laptop panels is expected to remain stable in Q2, although brand clients have adopted a more cautious approach due to previous pessimism about the second half of the year [4]. - Recent optimism regarding demand for Q3 has improved visibility compared to early April when tariffs were first announced [4]. - Despite this, manufacturers are cautious about future demand changes and are not inclined to raise prices, instead offering discounts to maintain key customer relationships [5]. - The expectation for June is that laptop panel prices will also remain stable [5].

Core Viewpoint - The panel prices for TVs, monitors, and laptops are expected to remain stable in June 2025 according to TrendForce's latest report [1][3]. Group 1: TV Panel Prices - The average price for a 65-inch TV panel is projected to be $177, with a minimum of $173 and a maximum of $181 [4]. - The average price for a 55-inch TV panel is expected to be $127, with a minimum of $122 and a maximum of $129 [5]. - The average price for a 43-inch TV panel is anticipated to be $66, with a minimum of $64 and a maximum of $67 [6]. - The average price for a 32-inch TV panel is forecasted to be $36, with a minimum of $35 and a maximum of $37 [7]. Group 2: Monitor Panel Prices - The average price for a 27-inch IPS monitor panel is expected to be $63, with a minimum of $57.6 and a maximum of $65.8 [9]. - The average price for a 23.8-inch IPS monitor panel is projected to be $49.9, with a minimum of $47.1 and a maximum of $51.4 [9]. - The report indicates that monitor panel prices are expected to remain unchanged [8]. Group 3: Laptop Panel Prices - The average price for a 17.3-inch TN laptop panel is stable at $38.3, with a minimum of $37.7 and a maximum of $39.8 [10]. - The average price for a 15.6-inch Value IPS laptop panel is expected to be $40.3, consistent with the previous month, with a minimum of $38.6 and a maximum of $41.9 [10]. - The average price for a 14.0-inch TN laptop panel is projected to remain at $26.9, with a minimum of $26.4 and a maximum of $28.1 [10]. - The average price for an 11.6-inch TN laptop panel is expected to be $25.1, with a minimum of $24.2 and a maximum of $26.5 [10].

Core Viewpoint - The panel prices for TVs, monitors, and laptops are expected to remain stable in June 2025 according to TrendForce's latest report [1]. Group 1: TV Panels - The average price for a 65-inch TV panel is projected to be $177, with a minimum price of $173 and a maximum price of $181 [4]. - The average price for a 55-inch TV panel is expected to be $127, with a minimum price of $122 and a maximum price of $129 [5]. - The average price for a 43-inch TV panel is forecasted at $66, with a minimum price of $64 and a maximum price of $67 [6]. - The average price for a 32-inch TV panel is anticipated to be $36, with a minimum price of $35 and a maximum price of $37 [7]. - Overall, TV panel prices are expected to remain unchanged [3]. Group 2: Monitor Panels - The average price for a 27-inch IPS monitor panel is projected to be $63, with a minimum price of $57.6 and a maximum price of $65.8 [11]. - The average price for a 23.8-inch IPS monitor panel is expected to be $49.9, with a minimum price of $47.1 and a maximum price of $51.4 [12]. - Monitor panel prices are also expected to remain stable [10]. Group 3: Laptop Panels - The average price for a 17.3-inch TN laptop panel is expected to remain at $38.3, with a minimum price of $37.7 and a maximum price of $39.8 [14]. - The average price for a 15.6-inch Value IPS laptop panel is projected to be $40.3, consistent with the previous month, with a minimum price of $38.6 and a maximum price of $41.9 [14]. - The average price for a 14.0-inch TN laptop panel is expected to remain at $26.9, with a minimum price of $26.4 and a maximum price of $28.1 [14]. - The average price for an 11.6-inch TN laptop panel is projected to be $25.1, with a minimum price of $24.2 and a maximum price of $26.5 [14]. - Laptop panel prices are anticipated to remain unchanged [13].

Core Insights - OLED technology is expanding its market share due to advantages like self-emission, high contrast, and lightweight design, primarily in small-sized applications such as smartphones. However, large-sized market penetration is slow due to cost and capacity constraints [1] - The mid-size market, including monitors, laptops, tablets, and automotive displays, is experiencing renewed competition as consumers seek high-end display effects [1] - TrendForce forecasts that OLED display shipments will grow by 80.6% annually by 2025, with overall market penetration reaching 2%, and potentially challenging 5% by 2028 [1] Group 1: Market Dynamics - TCL Huaxing is set to mass-produce medical-grade printed OLED displays, while Visionox is expected to introduce ViP technology in its new production line [2] - Printed OLED technology aims to overcome limitations of FMM and vacuum environments, enhancing material usage efficiency and reducing equipment investment costs by approximately 25% compared to similar vapor-deposited products [2] - Despite challenges in yield, pixel density, and reliability, printed OLED panels have achieved a resolution of 326 PPI, meeting the needs of laptops and monitors [2] Group 2: Technological Innovations - TCL Huaxing is balancing technological innovation and mass production by supplying high-end smartphones and flagship laptops with FMM OLED while gradually introducing printed OLED for medical and gaming displays [2] - By the end of 2024, TCL Huaxing will begin small-scale production of 21.6-inch medical printed OLED displays, marking a significant step into commercial application [2] - Visionox is actively promoting its proprietary ViP technology, which utilizes lithography to achieve pixel graphics, freeing itself from FMM's size and resolution constraints [3] Group 3: Comparative Analysis - A comparison of OLED technologies shows that printed OLED has lower equipment investment costs and high material usage efficiency, while FMM OLED is more established but has higher costs [4] - The pixel density of ViP OLED can reach 1700-2000 PPI, significantly higher than the approximately 326 PPI of printed OLED, indicating a trade-off between technology maturity and performance [4] - The market is expected to see a shift towards more flexible and cost-effective OLED solutions as non-vapor deposition technologies gain traction [3][4]

Core Viewpoint - BOE has launched the world's first 13.3-inch On-Cell Touch OLED display supporting AES 3.0 active pen protocol, enhancing writing and touch performance significantly [1][3]. Group 1: Product Features - The new OLED display features a signal-to-noise ratio (SNR) of ≥32dB, a 50% increase in reporting rate from 240Hz to 320Hz, and a 25% improvement in hover height for touch interactions [1][3]. - The AES 3.0 active pen OLED solution utilizes advanced active pen sensor design and On-Cell integrated touch technology, replacing traditional external touch solutions, which improves performance and allows for ultra-narrow bezel design [3]. - The active pen OLED employs active capacitive technology, enabling high-precision positioning through high-frequency signal transmission from the pen to the screen, capturing both position and pressure data [3]. Group 2: Technical Innovations - The module incorporates low dielectric materials, thickened metal mesh capacitive touch technology, and active pen frequency hopping technology, ensuring that display and touch functions do not interfere with each other [3]. - The self-developed noise reduction algorithm by BOE enhances the SNR to over 32dB, which is an 8% improvement compared to conventional products [3]. - The display supports 4096 levels of pressure sensitivity, simulating real writing strokes, and features low writing latency while resisting screen static and external electromagnetic noise [3].

Core Viewpoint - The company is making significant progress in its overseas production base in Vietnam, which is expected to achieve mass production by Q3 this year, enhancing its global supply chain and manufacturing capabilities [1]. Group 1: Strategic Expansion - The Vietnam project is a key part of the company's "strategic layout + technological layout" dual-driven strategy, with subsidiaries established in Hong Kong, Japan, and other regions, covering markets in China, Europe, the US, Japan, South Korea, and Southeast Asia [1]. - The global supply network has effectively improved the company's risk resistance and customer service efficiency in international markets [1]. Group 2: Technological Advancements - The company is actively expanding its technology portfolio in response to the rapid development of AI technologies, focusing on integrated touch, 3D display, dynamic privacy protection, and low-power display technologies [3]. - The company sees significant growth potential in Mini LED technology and has launched several products in automotive, gaming, and laptop sectors, while also expanding applications in medical and gaming markets [3]. - The company maintains industry leadership in dynamic privacy protection displays, with its laptop products holding a leading market share in the global high-end business sector, and has extended this technology to mobile phones, automotive, and medical applications [3]. - The company is also increasing its investment in electronic paper display technology, which is gaining traction in various fields due to its low power consumption and environmental benefits [3]. Group 3: Market Outlook and Financial Performance - The company has established a complete R&D and service system in the automotive display sector, collaborating with several leading domestic and international automotive manufacturers and Tier 1 suppliers [4]. - The company anticipates that the small and medium-sized display panel market is in a recovery phase, driven by the acceleration of AI applications and increased demand for high-end products like gaming laptops [4]. - Despite a projected revenue decline of 9.77% to 3.413 billion yuan in 2024, the net profit attributable to shareholders is expected to improve by 31.64%, indicating a recovery in profitability through product optimization and efficiency improvements [4]. - The company plans to continue focusing on emerging technologies, overseas expansion, and customized services to build a strong competitive moat [4].

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Core Viewpoint - The panel prices in May are expected to remain stable, with varying trends across different segments such as TV, monitor, and laptop panels [1][5]. TV Panels - Demand for TV panels has weakened in May, leading brand customers to adjust orders and negotiate for price reductions to offset rising costs from tariffs [2]. - Panel manufacturers are implementing capacity adjustments to stabilize prices, anticipating ongoing negotiations between buyers and sellers [2]. Monitor Panels - Monitor panel prices are expected to rise due to the ongoing tariff issues, with brand customers increasing inventory ahead of a three-month tariff exemption expiration [3]. - Specific price forecasts for May include an increase of $0.2 for Open Cell panels and $0.1 for 21.5-inch and 27-inch modules, with a $0.2 increase for the 23.8-inch panels due to strong demand [3]. Laptop Panels - Despite ongoing tariff discussions, urgent orders from some brand customers have emerged, but overall demand remains stable and is not expected to fluctuate significantly [4]. - Manufacturers are cautious about raising prices due to uncertainties surrounding tariff policies and potential cost increases from relocating production, prioritizing stable relationships with clients [4].

Core Viewpoint - The latest report from TrendForce indicates that TV panel prices and laptop panel prices remained stable in May 2025, while monitor panel prices experienced a slight increase [1][4][5]. Group 1: TV Panel Prices - In May, the average price of a 65-inch TV panel was $177, with a minimum price of $173 and a maximum price of $182 [4]. - The average price for a 55-inch TV panel was $127, with a minimum of $122 and a maximum of $130 [4]. - The average price for a 43-inch TV panel was $66, with a minimum of $64 and a maximum of $67 [4]. - The average price for a 32-inch TV panel was $36, with a minimum of $35 and a maximum of $37 [4]. Group 2: Monitor Panel Prices - In May, the average price of a 27-inch IPS monitor panel was $63, reflecting an increase of $0.1 or 0.2% from the previous month, with a minimum of $57.6 and a maximum of $65.8 [5]. - The average price for a 23.8-inch IPS monitor panel was $49.9, showing an increase of $0.2 or 0.4% from the previous month, with a minimum of $47.1 and a maximum of $51.4 [5]. Group 3: Laptop Panel Prices - In May, the prices of laptop panels remained unchanged from the previous month [6]. - The average price for a 17.3-inch TN panel was stable at $38.3, with a minimum of $37.7 and a maximum of $39.8 [6]. - The average price for a 15.6-inch Value IPS panel was $40.3, consistent with the previous month, with a minimum of $38.6 and a maximum of $41.9 [6]. - The average price for a 14.0-inch TN panel was stable at $26.9, with a minimum of $26.4 and a maximum of $28.1 [6]. - The average price for an 11.6-inch TN panel was stable at $25.1, with a minimum of $24.2 and a maximum of $26.5 [6].