Core Viewpoint - Visionox plans to order vapor deposition equipment from Canon Tokki for its 6th generation OLED V2 line expansion, aiming to double its monthly production capacity from 15K to 30K units [1][2]. Group 1: Production Capacity and Equipment - The current monthly production capacity of the existing V2 line is 15K units, and Visionox intends to expand this to 30K units [2]. - The V2 line has been using Canon Tokki's vapor deposition equipment, and it is likely that the same equipment will be used for the expansion to avoid process discrepancies [2]. - Visionox's production lines include the 5.5 generation V1 line (15K/month), the 6th generation V2 line (15K/month), and the 3rd generation V3 line (30K/month) [2]. Group 2: Market Dynamics and Technology - The operating rate of China's 6th generation OLED production lines is currently high, recovering from previous low rates due to over-investment [3]. - The decline in OLED product prices has led to increased utilization rates, as smartphone manufacturers have shifted to low-cost OLEDs, making it difficult to revert to LCDs due to consumer preferences [3]. - Visionox's V5 line is expected to use ViP vapor deposition equipment from Applied Materials' subsidiary AKT, as the 6th generation ViP pilot line has already utilized AKT's equipment [3]. Group 3: Technology Implementation - In the V5 line, one-quarter of the 8K monthly production will prioritize ViP technology, while the remaining three-quarters may use FMM technology, although specific investment execution details and timelines remain unclear [5].

Core Viewpoint - BOE Technology Group announced on August 8 that industry players are continuously implementing a "demand-driven production" strategy, flexibly adjusting production line utilization rates based on market demand changes [1] Industry Summary - In Q1, driven by strong export demand and the "trade-in" policy, overall terminal demand was robust, leading to high utilization rates across the industry, with mainstream LCD TV panel prices rising [1] - Since Q2, changes in the international trade environment and policy effects have led to a cooling of panel procurement demand, prompting companies to quickly adjust their utilization rates in response to demand fluctuations [1] - As the third quarter progresses, the trend of inventory reduction continues, with some LCD TV panel prices experiencing slight declines; however, in August, with the gradual recovery of peak season panel stocking demand, some LCD TV panel prices have begun to stabilize [1] - Looking ahead to Q3, the industry is expected to see a recovery in utilization rates, and LCD TV panel prices are likely to stabilize or rise again [1]

Group 1 - The core viewpoint indicates that despite ongoing weak demand, supply-side adjustments are maintaining a weak balance in the market, supporting a stabilization in panel prices in the short term. However, mid-to-high-end panel prices are facing slight downward pressure due to the transmission effect of TV prices [1] - In August, the global display panel market continued to experience weak demand, with prices showing a trend of stability with slight adjustments. The domestic market's third batch of national subsidies has limited impact, and brand procurement demand is decreasing [1] - The supply side is undergoing structural adjustments, with overseas manufacturers reducing LCD production capacity, while demand for TV panels is recovering moderately, further squeezing the capacity for display panels [1] Group 2 - For monitor panels, prices for 21.5" FHD, 23.8" FHD, and 27" FHD Open Cell & LCM panels are expected to remain stable in August [2] - In the notebook panel market, August is characterized by differentiated demand and supply adjustments. The back-to-school season and upcoming Black Friday are expected to slightly boost demand, although some brands are tightening procurement strategies [3] - Price predictions for notebook panels in August indicate that low-end HD TN panel prices are expected to remain stable, while mid-to-high-end specifications are showing a mixed trend [3]

Core Viewpoint - The latest report from TrendForce indicates that by August 2025, the prices of certain television panels are expected to stabilize, while monitor and laptop panel prices remain unchanged [1]. Television Panels - In August, the prices of 43-inch and 32-inch television panels are expected to stop declining. The average price for a 65-inch television panel is projected to be $172, down $1 from the previous month, a decrease of 0.6%. The lowest price is $166 and the highest is $175 [6]. - The average price for a 55-inch television panel is $123, down $1 from the previous month, a decrease of 0.8%. The lowest price is $117 and the highest is $125 [6]. - The average price for a 43-inch television panel is $64, with a minimum price of $62 and a maximum of $65 [6]. - The average price for a 32-inch television panel is $35, with a minimum price of $34 and a maximum of $36 [6]. Monitor Panels - The report indicates that the prices of monitor panels remain unchanged. The average price for a 27-inch IPS panel is $63, with a minimum price of $57.6 and a maximum of $65.8 [7]. - The average price for a 23.8-inch IPS panel is $49.9, with a minimum price of $47.1 and a maximum of $51.4 [7]. Laptop Panels - The prices of laptop panels are expected to remain stable across various sizes. The average price for a 17.3-inch TN panel is $38.3, with a minimum price of $37.7 and a maximum of $39.8 [8]. - The average price for a 15.6-inch Value IPS panel is projected to be $40.3, unchanged from the previous month, with a minimum price of $38.6 and a maximum of $41.9 [8]. - The average price for a 14.0-inch TN panel has stabilized at $26.9, with a minimum price of $26.4 and a maximum of $28.1 [8]. - The average price for an 11.6-inch TN panel has also stabilized at $25.1, with a minimum price of $24.2 and a maximum of $26.5 [8].

Core Viewpoint - Sharp has announced an asset transfer agreement with Aoi Electronics, selling its second factory in Mie Prefecture, previously used for producing small to medium-sized LCD panels, as part of its strategy to shift towards a brand-centric business model and optimize idle resources [1][4]. Group 1 - The agreement includes the sale of the second factory and part of the land in the Mie base, with Sharp assisting Aoi in establishing a semiconductor packaging production line [1][4]. - Sharp's Mie No. 2 factory was primarily used for producing small to medium-sized LCD panels for smartphones until it ceased operations after May 2024 [4]. - The Mie site consists of four factories, with the first and second factories already sold to Aoi, indicating a significant shift in Sharp's operational focus [4]. Group 2 - Aoi plans to enhance its advanced packaging business capabilities by leveraging the newly acquired second factory and the previously purchased first factory, aiming for full production by the fiscal year 2027 [4]. - Sharp will support Aoi through its subsidiary responsible for small to medium-sized panel business, facilitating the rapid establishment of the semiconductor packaging line [4].

Core Viewpoint - The TV panel prices experienced a decline in July due to the supply-demand dynamics, but are expected to stabilize starting in August as demand gradually recovers [1] Supply and Demand Analysis - According to Sigmaintell's "supply-demand model," the global LCD TV panel market's supply-demand ratio (in area dimension) for the third quarter is projected to be 5.6%, indicating a slightly loose balance [1] - The TV panel prices dropped in July as a result of the ongoing negotiations between supply and demand [1] Future Outlook - It is anticipated that with the gradual recovery of panel demand, prices will begin to stabilize from August onwards [1]

Core Viewpoint - The demand for TV panels remains weak in July, leading brands to adjust their procurement orders for the third quarter while negotiating better prices with panel manufacturers [1] Group 1: Demand and Procurement - TV panel demand is still sluggish, prompting some brand clients to revise their third-quarter procurement orders [1] - Brands are focusing on inventory control and leveraging their negotiating power with panel manufacturers to secure favorable pricing [1] - The demand for the fourth quarter's promotional season relies heavily on the inventory built up in the third quarter [1] Group 2: Panel Manufacturers' Response - Panel manufacturers continue to produce based on demand, but some may consider accepting brands' requests due to the overall slowdown in demand [1] - As a result, panel prices are beginning to show slight declines, with forecasts indicating a drop of $1 for 32-inch and 43-inch panels, and a drop of $2 for 50-inch, 55-inch, 65-inch, and 75-inch panels in July [1]

Group 1: Core Insights - The overall demand for TV panels remains weak, leading brands to adjust their procurement orders for Q3 while managing inventory and negotiating prices with panel manufacturers [2] - In July, the price forecast for TV panels indicates a decline of $1 for 32-inch and 43-inch panels, and a decline of $2 for 50-inch, 55-inch, 65-inch, and 75-inch panels [2] - The demand for monitor panels is also showing signs of slowdown, with most panel prices stabilizing, influenced by the declining prices of TV panels [3] Group 2: Specific Panel Insights - For laptop panels, there is a slight increase in demand as some brand clients become more optimistic, leading to more aggressive negotiations for price discounts [4] - Despite the positive outlook for laptop panel demand, the overall price trend is expected to remain stable, depending on negotiations between brand clients and manufacturers [5]

Core Viewpoint - The panel prices for televisions are expected to continue declining in July 2025, while prices for monitors and laptops remain stable [1] Group 1: Television Panel Market - Demand for television panels remains weak as of July, leading some brand clients to adjust their procurement orders for the third quarter [1] - Companies are focusing on inventory control and increasing their bargaining power with panel manufacturers [1] Group 2: Monitor and Laptop Panel Market - Prices for monitor and laptop panels are expected to hold steady in July 2025 [1]

Group 1: Panel Price Trends - The price of TV panels is expected to continue to decline in July 2025, while prices for monitors and laptops remain stable [1] - In July, TV panel demand remains weak, leading some brand clients to adjust their procurement orders for Q3, which increases their bargaining power with panel manufacturers [1][4] - Panel manufacturers are still producing based on demand, but some may consider accepting brand requests due to overall demand slowdown, resulting in slight price declines [1] Group 2: Monitor Panel Insights - The demand for monitor (MNT) panels has begun to show signs of slowing down in Q3, with only a few specific sizes experiencing minor supply shortages [5] - The decline in TV panel prices is also affecting the price trends of MNT panels, leading to a stable price situation for both Open Cell panels and panel modules [5] Group 3: Laptop Panel Demand - The demand for laptop (NB) panels has seen a slight increase in optimism among some brand clients entering Q3, leading to more aggressive bargaining for price discounts [6] - Panel manufacturers are attempting to stabilize customer demand through undisclosed price discounts to maintain market share and price stability [6][7] - The overall price of laptop panels in July is expected to remain stable, with future price trends dependent on negotiations between brand clients and manufacturers [7]