Group 1: Core Insights - The overall panel prices for televisions have stabilized, while prices for monitor and laptop panels remain steady [1][5] - Demand for small-sized television panels has increased significantly due to lower supply expectations and relatively low prices [3][5] - The demand for laptop panels is expected to see a slight increase of 1.8% in the third quarter, with manufacturers maintaining stable pricing strategies [6] Group 2: Television Panels - Despite a volatile environment, television brands are aiming for strong year-end promotions to meet annual targets, leading to increased procurement of television panels [3] - The price trend for television panels is expected to stabilize across sizes from 32 inches to 75 inches [3] Group 3: Monitor Panels - The demand for monitor panels has decreased slightly by 4.7% compared to the second quarter, leading to potential price negotiations between buyers and sellers [4] - Most monitor panel manufacturers are currently operating at a loss, which has resulted in a stable pricing strategy without aggressive price cuts [5] Group 4: Laptop Panels - The demand for laptop panels remains strong, with brand clients willing to purchase according to established procurement needs [6] - Manufacturers are cautious about raising prices due to competitive pressures and are likely to maintain stable pricing in August [6]

| 应用别 | 尺寸 | 分辨率 | 出货型态 | | | 液晶显示屏价格 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | THE | 를 | 均价 | 与前月差异(%) | | | 电视 | ee "M | 3840x2160 | Open-Cell | 167 | 176 | 173 | 0.0 | 0.0% | | | SE. M | 3840x2160 | Open-Cell | 118 | 127 | 124 | 0.0 | 0.0% | | | 43"W | 1920x1080 | Open-Cell | 62 | ર્સ્ટ | 64 | 0.0 | 0.0% | | | 32"W | 1366x768 | Open-Cell | 34.0 | 36.0 | 35.0 | 0.0 | 0.0% | | 桌上显示器 | 27"W (IPS) | 1920x1080 | LED | 57.6 | 65.8 | 63.0 | 0.0 | 0.0% | | | 23.8"W (IPS) | 1920x1080 ...

Core Viewpoint - TrendForce's latest report indicates that panel prices for televisions, monitors, and laptops are expected to remain stable through August 2025, with no significant changes in pricing observed across various categories [2][4][5][6]. Television Panels - In August, the average price for a 65-inch television panel was $173, with a minimum price of $167 and a maximum of $176. - The 55-inch television panel had an average price of $124, with a minimum of $118 and a maximum of $127. - For the 43-inch panel, the average price was $64, ranging from $62 to $65. - The 32-inch panel averaged $35, with a minimum of $34 and a maximum of $36 [4]. Monitor Panels - Monitor panel prices remained unchanged in August, with the average price for a 27-inch IPS panel at $63, ranging from $57.6 to $65.8. - The 23.8-inch IPS panel had an average price of $49.9, with a minimum of $47.1 and a maximum of $51.4 [5]. Laptop Panels - Laptop panel prices also held steady, with the average price for a 17.3-inch TN panel at $38.3, expected to range from $37.7 to $39.8. - The 15.6-inch Value IPS panel maintained an average price of $40.3, with a minimum of $38.6 and a maximum of $41.9. - The 14.0-inch TN panel's average price was stable at $26.9, with a range of $26.4 to $28.1. - The 11.6-inch TN panel averaged $25.1, with a minimum of $24.2 and a maximum of $26.5 [6][7].

Core Viewpoint - The panel prices for TVs, monitors, and laptops remained stable in August 2025, according to TrendForce's latest report [2][5]. TV Panel Prices - The average price for a 65-inch TV panel was $173, with a minimum of $167 and a maximum of $176 [7]. - The average price for a 55-inch TV panel was $124, with a minimum of $118 and a maximum of $127 [7]. - The average price for a 43-inch TV panel was $64, with a minimum of $62 and a maximum of $65 [7]. - The average price for a 32-inch TV panel was $35, with a minimum of $34 and a maximum of $36 [7]. Monitor Panel Prices - The average price for a 27-inch IPS monitor panel was $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 was $49.9, with a minimum of $47.1 and a maximum of $51.4 [10]. Laptop Panel Prices - The average price for a 17.3-inch TN laptop panel remained stable at $38.3, with a minimum of $37.7 and a maximum of $39.8 [12]. - The average price for a 15.6-inch Value IPS laptop panel was $40.3, consistent with the previous month, with a minimum of $38.6 and a maximum of $41.9 [12]. - The average price for a 14.0-inch TN laptop panel was stable at $26.9, with a minimum of $26.4 and a maximum of $28.1 [12]. - The average price for an 11.6-inch TN laptop panel remained at $25.1, with a minimum of $24.2 and a maximum of $26.5 [12].

近日，友达光电、群创光电、瀚宇彩晶、凌巨科技、铼宝科技、华凌光电6家台湾地区面板厂商相 继公布2025年7月营收。具体情况如下： | 变 | 7月营收 | 同比增减 | 环比增减 | 2025年累计营收 | 同比增减 | | --- | --- | --- | --- | --- | --- | | 友达光电 | 50.26亿元 | -15.85% | -4.56% | 389.75亿元 | 2.26% | | 群创光电 | 46.27亿元 | 9.13% | 4.07% | 315.69亿元 | 5.14% | | 瀚宇彩晶 | 2.16亿元 | 15.70% | -2.89% | 16.34亿元 | 23.86% | | 凌巨科技 | 1.52亿元 | -27.58% | -15.12% | 11.80亿元 | 2.85% | | 锌宝科技 | 1.24亿元 | 171.44% == 3.98% | | 6.20亿元 | 92.01% | | 华凌光电 | 0.41亿元 | -7.30% | 5.28% | 2.85 亿元 | 2.23% | 其中，群创、铼宝7月营收实现了同比与环比的双重上升；友达、凌巨 ...

Group 1: Core Insights - TrendForce's August panel price forecast indicates that TV panel prices have stopped declining, while monitor and laptop panel prices remain stable [1][4]. - TV brands are preparing for year-end promotions and maintaining procurement momentum for TV panels, leading to optimistic signals from panel manufacturers [4]. - Demand for TV panels is notably stronger for sizes below 50 inches, while demand for larger sizes (55 inches and above) remains weak, with inventory adjustments ongoing [4]. Group 2: Monitor Panel Insights - Demand for monitor panels has weakened entering the third quarter, with no upward price momentum observed [5]. - Most monitor panels are still operating at a loss, leading manufacturers to limit production, resulting in some mainstream sizes experiencing shortages [6]. - The expectation for August is that monitor panel prices will remain stable across the board [6]. Group 3: Laptop Panel Insights - Laptop panel demand is expected to remain stable through August, with some brands showing particularly strong demand [7]. - Manufacturers have limited room for price reductions on mainstream specifications, relying on high-end models for adjustments [7]. - The price trend for major laptop panel specifications is anticipated to remain stable, with discounts based on individual customer relationships [7].

Group 1: Core Insights - The overall trend for TV panel prices continues to decline due to weak demand, with brands adjusting orders to manage inventory and leverage negotiation power [2] - For July, the expected price drops for TV panels are $1 for 32-inch and 43-inch, $2 for 50-inch and 55-inch, and $3 for 65-inch and 75-inch [2] - The demand for monitor panels has slowed, leading to a stable price trend for July, despite some minor supply shortages for specific sizes [3] Group 2: Market Segments - The demand for laptop panels is expected to improve in July and August, but manufacturers are cautious about raising prices, opting instead for discounts to maintain customer relationships [4][5] - Overall, laptop panel prices are anticipated to remain stable, although competition among manufacturers for customer orders continues through various discount strategies [5]

Core Viewpoint - In July 2025, TV panel prices declined while monitor and laptop panel prices remained stable, indicating a weak demand in the TV panel market and a cautious outlook for the monitor and laptop segments [3][5][10]. TV Panels - The demand for TV panels in July remained weak due to some brand clients adjusting their procurement orders for Q3, which they used as leverage for negotiations [5][6]. - It is anticipated that with the approach of the year-end sales season, brand clients will increase their procurement volumes in August and September, potentially stabilizing panel prices [6]. - The price forecast for July indicates a decrease of $1 for 32-inch and 43-inch panels, $2 for 50-inch and 55-inch panels, and $3 for 65-inch and 75-inch panels [7]. Monitor Panels - As the third quarter begins, the demand for monitor panels has shown signs of slowing down, with only a few specifications experiencing slight supply shortages [8]. - The overall price trend for monitor panels in July is expected to remain flat, influenced by the declining demand and prices in the TV panel market [8]. Laptop Panels - The demand for laptop panels is expected to perform better in July and August, driven by a more optimistic outlook from some brand clients [10]. - Despite this positive outlook, panel manufacturers are hesitant to raise prices and may offer discounts to maintain customer relationships, leading to a stable price forecast for July [10].

Core Viewpoint - The company is restructuring its production capacity in response to market adjustments, including the planned closure of the Nanke 5 plant and the transfer of production lines to other facilities, aiming to enhance operational efficiency and focus on long-term growth potential [1][2][3]. Group 1: Plant Closures and Capacity Adjustments - The company announced the closure of the Nanke 5 plant, with plans to complete the production line migration by mid-2026, transferring related product lines to the Zhunan T2 plant and Nanke 3 plant [2]. - This closure follows the earlier shutdown and sale of the Nanke 4 plant to TSMC, marking another significant step in the company's capacity restructuring efforts [1]. - The company is also set to close its Nanjing module plant in mainland China in 2024, relocating equipment to the Ningbo plant and laying off approximately a thousand employees [1]. Group 2: Strategic Focus and Long-term Goals - The company emphasizes that the restructuring plans have undergone careful evaluation to ensure they do not disrupt customer demand, with a commitment to assist clients in production redistribution and re-certification processes [4]. - The chairman stated that over the next six years, the company will deepen its transformation into a Tier 1 automotive supplier and actively engage in advanced semiconductor packaging, aiming to create higher value for the company and its stakeholders [5]. - The company is preparing to list its subsidiary CarUX in the U.S. and has announced a significant acquisition of Pioneer for approximately NT$33.7 billion (about RMB 8.26 billion), enhancing its service offerings for automotive clients [6].

Core Viewpoint - The revenue performance of six Taiwanese panel manufacturers in June 2025 shows significant variation, reflecting the complex market conditions faced by the panel industry [1][2]. Revenue Performance Summary - AUO and Innolux experienced a decline in revenue for two consecutive months, with June showing a year-on-year decrease of 13.08% and 1.23% respectively [1]. - Companies focusing on small and medium-sized panel products, such as HannStar and Wistron, reported year-on-year revenue growth [1]. - Raibo Technology, which is transitioning into energy storage, achieved a remarkable year-on-year revenue increase of 181.17% in June [1]. Market Conditions and Price Trends - The decline in revenue for leading panel manufacturers is closely related to the "cooling" of the panel market, with a noticeable weakening in TV panel demand [3]. - TrendForce reported a decrease in TV panel prices in June, while prices for monitor and laptop panels remained stable [3]. - Brand clients are adopting a conservative purchasing attitude due to unclear terminal demand for the second half of the year, leading to increased inventory levels and potential adjustments in procurement strategies [3]. Company Dynamics and Strategic Adjustments - To navigate the challenging market environment, some panel manufacturers are actively making strategic adjustments [5]. - There are rumors of a potential acquisition of Chimei Innolux's factory by United Microelectronics Corporation, which could enhance production capabilities [5]. - Innolux has halted production at its factories in Tainan and Zhunan, with plans to potentially sell these facilities [5]. - AUO's subsidiary, Daqing, is collaborating with Deutsche Bahn to showcase a new train concept using innovative display technology at the UITP Global Transport Summit in 2025 [5][6]. - Innolux's subsidiary CarUX announced the acquisition of Pioneer for 163.6 billion yen (approximately 8.115 billion RMB), aiming to leverage synergies in the automotive display market [5][6].