智通财经APP获悉，东方证券发布研报称，展望2026年，受体育赛事等因素影响，LCD需求有望向好； 同时LCD行业已经形成较高的市场集中度，头部厂商有望以持续控产带动供需关系向好。供给层面，三 大面板厂有望持续推动控产，并于农历春节期间执行减产。反映在价格上，根据TrendForce数据，2026 年1月电视面板价格预计将全面上涨，32吋、43吋、55吋、65吋等各尺寸电视面板均价均较前月上涨1美 元。OLED面板对个人电脑轻薄化具有显著的提升效果，有望在未来成为个人电脑产品的重要亮点。 相关标的 LCD需求有望回升，头部厂商有望以持续控产带动供需关系向好 面板制造厂商TCL科技(000100.SZ)、京东方A(000725.SZ)、彩虹股份(600707.SH)、深天马 A(000050.SZ)、维信诺(002387.SZ)、和辉光电-U(688538.SH)等；面板材料厂商莱特光电(688150.SH)、 路维光电(688401.SH)、清溢光电(688138.SH)等；面板模组厂商京东方精电(00710)等。 风险提示 东方证券主要观点如下： 目前市场对于中尺寸OLED的潜在需求关注有限。东方证券认为， ...

Investment Rating - The industry investment rating is "Positive (Maintain)" [5] Core Viewpoints - The price of TV panels is expected to rise, with LCD and mid-size OLED likely to lead demand recovery. This is supported by the anticipated increase in demand due to upcoming sports events and government policies promoting trade-in programs for energy-efficient TVs [3][7] - The LCD market is expected to see a rebound in demand, driven by major manufacturers controlling production to improve supply-demand dynamics. The upcoming FIFA World Cup and continued government incentives are expected to boost demand [7] - Mid-size OLED is projected to penetrate the market more rapidly, enhancing demand for OLED technology in personal computers and other devices. The production efficiency and cost reduction in OLED manufacturing are expected to drive this trend [7] Summary by Sections Investment Suggestions and Targets - The report suggests investing in panel manufacturers such as TCL Technology, BOE Technology Group, and others, as well as panel material manufacturers like Lite-On Optoelectronics and others [3][8] Market Dynamics - According to TrendForce, TV panel prices are expected to rise across all sizes in January 2026, with specific increases noted for various dimensions [11] - The report highlights the successful early activation of BOE's 8.6 generation AMOLED production line, indicating strong market confidence among leading manufacturers [12]

智通财经APP获悉，1月7日，群智咨询发布2026年1月IT面板价格风向标（上旬版）。群智咨询预测，1 月份 Monitor LCM 面板价格将整体保持稳定，入门级FHD IPS OC 面板或将迎来小幅上涨。 1月份，全球显示器面板市场价格将呈现 "整体持稳，局部上涨" 的格局。需求端来看，尽管 1 月仍处于 传统淡季周期，但品牌间需求表现因库存水平与成本敏感性差异呈现显著分化：部分品牌显示器面板库 存已降至安全偏下区间，具备一定的补库动力，带动需求环比释放；同时受 TV 面板价格传导效应及显 示器面板涨价预期的双重影响，成本敏感型客群提高面板备货力度，共同托底 1 月整体需求保持稳健。 供应端来看，海外产能收缩叠加 TV 与移动应用对显示器产能的挤压，使得显示器面板（尤其是 IPS 面 板）产能供应结构性紧张问题愈发凸显；与此同时，主流面板的供应集中度持续提升，面板厂商议价权 进一步增强，叠加显示器面板长期低盈利现状与上游材料涨价带来的成本压力，面板厂商的涨价诉求愈 发强烈。 27"FHD，1月 IPS Open cell主流面板价格环比上涨$0.2，LCM主流面板价格环比持平。 Notebook面板 1 ...

今日A股面板板块呈现持续拉升的强劲态势，板块内核心标的表现亮眼，赚钱效应显著。其中，行业龙 头TCL科技强势涨停，成为板块情绪风向标，有效带动产业链整体上行；另一龙头京东方A涨幅超6%， 展现出强劲的上涨动能。此外，彩虹股份此前已实现涨停，深天马A、盛洋科技等一众板块内核心标的 纷纷跟涨，形成多点开花的格局。从交易层面来看，板块整体成交量较前一交易日明显放大，量能的有 效配合为股价拉升提供了坚实支撑，反映出当前市场对面板领域价格回暖、政策红利及产业基本面改善 的高度认可，板块短期关注度持续攀升。 进入2026年1月，面板板块迎来价格回暖、政策支持、海外订单突破多重权威利好密集落地，为行业高 质量发展注入强劲动力： 面板行业作为电子信息产业的核心环节，其景气度回升将对上下游形成显著的带动效应，面板制造、核 心材料、终端应用等多个领域将同步受益： 1. 面板制造行业：直接受益于面板价格上涨与需求提升，尤其是具备技术优势和规模效应的龙头企业。 东北证券研报指出，国内OLED厂商切入三星手机供应链，未来随着海外客户出货量提升，盈利水平将 有显著改善，京东方A、TCL科技等龙头凭借产能、技术与供应链协同优势，将充分享受 ...

智通财经APP获悉，根据TrendForce集邦咨询旗下显示器研究中心《TrendForce 2026面板价格预测月度报告》最新调研数据，2026年1月，电视面板价格 预计将全面上涨，显示器面板价格预期持稳，笔电面板部分尺寸价格预估下调。 | 应用别 | हिने | 分辨率 | 出货型态 | | | 液晶显示屏价格下旬预测 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | નાદ | 高 | 均价 | 与前月差异(%) | | | 电视 | es"W | 3840x2160 | Open-Cell | 163 | 172 | تيه | 1.0 | 0.6% | | | 22.. M | 3840x2160 | Open-Cell | 115 | 125 | 122 | 1.0 | 0.8% | | | 43"W | 1920x1080 | Open-Cell | 62 | ୧୧ | ਦੇਖੋ | 1.0 | 1.6% | | | 32"W | 1366x768 | Open-Cell | 34.0 | 36.0 ...

智通财经APP获悉，12月29日，群智咨询(Sigmaintell)发布2025年12月下旬IT面板价格风向标。内容显示，12月全球显示器面板市场价格持稳态势 延续。需求端来看，临近年末品牌需求逐步收尾，市场整体需求延续疲软态势，但部分品牌加大低价显示器面板备货采购力度，对12月需求形成 一定支撑；供应侧来看，TV面板的前置备货需求释放，以及G8.X 世代线小尺寸应用产能的增长，进一步挤压显示器面板产能空间，市场供应延 续结构性紧张格局。群智咨询预测，2026年一季度显示器面板价格或将正式步入上涨通道。 | | | Sigmaintell Price Trends: Monitor & Notebook, Late Dec. | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Application | Size | Resolution | OC/LCM | Spec(IT) | | Nov'25(A) Dec'25(L) | Dec. VS Nov. Change 0.0 | | | | 21.5" | 1920x ...

然而，面板厂预期电视面板价格开始酝酿上涨的氛围，对拉抬监视器面板价格走势也有帮助，启动酝酿 监视器面板价格上涨的气氛，但届时须视实际需求走势及买卖双方议价状况而定。 笔记本电脑面板12月的需求则受到存储缺货与价格大幅上涨的衝击，部分品牌希望赶在明年调涨整机出 厂价格前，增加对中低端机型出货，因而带动笔记本电脑面板短期需求增温。 集邦科技（TrendForce）研究副总范博毓近日表示，IT用面板12月报价及明年初走势呈现两样情。其 中，监视器面板报价持平，开始酝酿2026年1月起涨价。笔记本电脑用面板方面，各IPS机种皆下跌0.1 至0.2美元，预期明年初亦有降价压力。 范博毓指出，第四季度监视器面板需求虽偏弱，但仍有少数客户需求增加；面板厂因主流产品长期处于 亏损状态，不愿意在面板价格让步。品牌客户接受价格维持稳定，致12月的监视器面板价格走势持平。 范博毓说，2026年的需求受到存储影响下不确定性更高，就算目前部分面板需求增加，面板厂对面板价 格的态度却更为放软，以维持客户关係为优先考虑，在此前提下，预估12月笔记本电脑面板价格除TN 机种价格持平外，其馀IPS机种皆下跌0.1至0.2美元不等。且在明年首季 ...

Group 1 - The core viewpoint is that the TV panel market is transitioning from a demand-driven to a supply-driven environment, with prices stabilizing in December and a mild increase expected in January [1] - The global TV panel market is moving towards a balanced supply-demand situation as the year ends, with demand supported by event-driven stocking and cost-risk stocking [1] - International brands show stable procurement demand in Q4 to Q1, driven by healthy inventory levels and support from events like the World Cup and the North American tax refund season [1] Group 2 - For the 32" panels, rising storage costs are pushing demand risks while supply is being squeezed, leading to stable prices in December [2] - The 50" panels exhibit limited demand elasticity, but supply capacity is also contracting, resulting in stable prices for December [2] - The 55" panels are gradually reaching a balance between supply and demand, with prices expected to stabilize in December [2] Group 3 - In the large-size panel segment, high supply concentration and recovering stocking demand are leading to price stabilization in December [3]

Core Viewpoint - The company is transitioning from panel manufacturing to semiconductor IC packaging, with a focus on fan-out panel-level packaging products, which have begun stable shipments. The chairman anticipates a recovery in the panel industry by 2026, with a positive start to the year [1][2]. Group 1: Transition to Semiconductor Industry - The company has successfully entered the semiconductor industry by launching fan-out panel-level packaging services, utilizing chip-first technology for satellite ground reception device packaging. The current focus is on consolidating existing customers rather than expanding [1]. - The chairman mentioned that the fan-out panel-level packaging technology involves advanced through-silicon via (TSV) technology, which is energy-intensive, and there is no rush to ship these products next year. The company aims to obtain customer certification for TSV and redistribution layer (RDL) technologies in the coming year [1]. Group 2: Market Outlook for the Panel Industry - The chairman noted a slight price increase for some panel products in December, indicating a potential price increase atmosphere for January. He believes that the fourth quarter of 2025 will be the bottom of the panel industry, with a recovery expected in 2026, particularly for TV panels [2]. - Currently, the company is not signing long-term contracts exceeding one year with customers, only one-year agreements with flexible pricing adjustments. There is some urgency for orders due to rising memory prices, but future developments remain uncertain [3]. Group 3: Strategic Developments and Workforce - The company has approximately 40,000 employees, excluding recent mergers with Pioneer through its subsidiary CarUX. It is diversifying into the automotive and semiconductor packaging industries while consolidating panel production capacity towards a light-asset model [5]. - The chairman emphasized the importance of smaller generation factories, such as 3.5-generation plants, for fan-out panel-level packaging, as larger generation lines may incur higher costs if production fails. Smaller factories transitioning to semiconductor packaging services can sometimes be more advantageous [5].

Core Viewpoint - The strategic partnership between BOE Technology Group and Mindray Medical aims to deepen collaboration in various fields, particularly in medical device supply chains and smart healthcare solutions [1][3]. Group 1: Strategic Collaboration - The partnership will enhance cooperation in core monitoring devices, ultrasound imaging, and in-vitro diagnostics, focusing on display products [1]. - Both companies will leverage their strengths to create comprehensive smart hospital solutions, improving diagnostic capabilities and operational efficiency through digital means [3]. - The collaboration will also push for the launch of a new generation of flat panel detectors equipped with existing X-ray solutions [3]. Group 2: Industry Trends and Company Initiatives - The healthcare sector is becoming a key focus for panel manufacturers due to its high added value and resilience against economic cycles [5]. - BOE has been investing in the healthcare industry since 2015, with a total investment of approximately 17 billion yuan in building hospitals across several cities, totaling around 5,600 planned beds [5]. - The smart healthcare segment under BOE's "1+4+N" ecosystem is projected to generate revenue of 1.839 billion yuan in 2024, reflecting a year-on-year growth of 9.73% [5]. Group 3: Competitor Activities - AUO (友达光电) is also actively expanding in the healthcare sector, covering various medical scenarios through its subsidiaries [6]. - The company has developed an immersive rehabilitation system for elderly care using Micro LED transparent displays and 3D AI imaging technology, achieving a compound annual growth rate of about 20% in recent years [8]. - AUO's healthcare revenue has surpassed 10 billion New Taiwan dollars, indicating strong growth compared to the industry average [8]. Group 4: Market Outlook - The aging population and increasing health demands are expected to create broader development opportunities in the healthcare industry [9]. - Panel companies are positioned to play a significant role in smart healthcare due to their expertise in display technology, sensor technology, and IoT solutions [9].