Core Viewpoint - The overall mobile panel market maintains high operating rates during the traditional peak season in Q3, with varying dynamics across different panel types [3]. Group 1: a-Si Panels - Demand for a-Si panels remains strong, driving major manufacturers to operate at full capacity. However, aggressive pricing strategies by module manufacturers to secure new project orders have led to a slight decline in a-Si module prices [3]. - Key raw materials, such as driver ICs, are in a price down cycle, contributing to the pressure on module pricing [3]. Group 2: LTPS Panels - LTPS production lines benefit from strong demand in the automotive and non-mobile sectors, maintaining high operating rates. The LTPS production status at Tianma is expected to continue until the end of the year [3]. - Despite the robust performance in non-mobile applications, the smartphone sector shows a relatively balanced supply-demand relationship, keeping panel prices stable in the short term [3]. Group 3: AMOLED Panels - The demand for rigid AMOLED panels has significantly declined due to mainstream mobile brands shifting towards flexible AMOLED technology. Price reductions by major manufacturers like Samsung Display have had limited effects on stimulating demand [3]. - In the flexible AMOLED market, manufacturers are operating close to full capacity due to pre-peak season stocking, but new project prices are under pressure due to intense competition during the bidding phase, while old project prices remain stable [3]. - Forecasts indicate a slight decline in a-Si module prices in August and September 2025, while LTPS and rigid AMOLED panel prices are expected to remain stable in the short term [3].

Core Insights - The mobile panel market continues to exhibit structural differentiation as it enters the third quarter, with a-Si panels supported by inventory replenishment demand following the "6.18" promotion, maintaining full production capacity [1] - LTPS panel production lines remain highly utilized due to demand from non-mobile applications such as automotive displays [1] - Flexible AMOLED panels are experiencing a temporary decline in demand due to adjustments in procurement schedules by terminal brands [1] Market Dynamics - In July, the mobile panel market primarily focused on price stability, although significant differences in supply and demand dynamics exist between different technology routes [1] - The forecast indicates a slight decrease in a-Si panel module prices in July and August 2025, while LTPS panel prices are expected to remain stable in the short term [1] - Rigid AMOLED panel prices are also projected to remain stable in the short term, whereas flexible AMOLED panel prices are expected to stabilize throughout the third quarter [1]

Group 1 - The mobile panel market continues to exhibit structural differentiation in the third quarter, with a-Si panels supported by demand for inventory replenishment after the "6.18" promotion, maintaining full production capacity [2][3] - LTPS panel production lines remain at high utilization rates driven by non-mobile applications such as automotive displays, while demand for flexible AMOLED panels has seen a temporary decline due to adjustments in terminal brand procurement schedules [2][3] - Overall, the mobile panel market in July is characterized by price stability, but significant differences in supply and demand dynamics exist between different technology routes [2][3] Group 2 - For a-Si panels, despite the peak in inventory replenishment following the "618" promotion, demand remains strong, and production lines continue to operate at full capacity. Prices for a-Si modules are expected to see a slight decrease in July due to the declining costs of key raw materials like driver ICs [3][4] - LTPS panels continue to be supported by the automotive display market, but demand in the smartphone sector remains weak due to the trend of AMOLED substitution, leading to low price levels with no significant recovery expected in the short term [3][4] - Rigid AMOLED panel demand is contracting, and price reductions by major manufacturers like Samsung Display have not met expectations, resulting in sustained low prices. Flexible AMOLED panel production rates have slightly decreased due to procurement adjustments, but are expected to rebound as the traditional peak season approaches [4][5]

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]

Core Viewpoint - The mobile panel market continues to exhibit structural differentiation as of the end of Q2, with varying performance across different panel types [1] Group 1: Market Performance - a-Si panels benefit from stable demand in the mid-to-low-end market, maintaining high production line utilization [1] - LTPS panels are driven by applications in automotive displays, leading to sustained full operation of main production lines [1] - Flexible AMOLED panels, after a period of rapid growth, experience a slight decline in demand due to adjustments in terminal brand procurement schedules [1] Group 2: Price Forecast - a-Si panel prices are expected to remain stable in June and July [1] - LTPS panel prices are anticipated to stay stable in the short term [1] - Rigid AMOLED panel prices are also projected to remain stable in the short term [1] - After a slight decline in June, flexible AMOLED panel prices are expected to stabilize in Q3 [1]

Core Viewpoint - The mobile display panel market continues to show structural differentiation, with a-Si panels benefiting from stable demand in the mid-to-low-end market, LTPS panels driven by automotive display applications, and flexible AMOLED panels experiencing a slight decline in demand due to adjustments in terminal brand procurement rhythms [2][3][4]. Group 1: a-Si Panels - The demand for a-Si panels remains strong, driven by the "6.18" mid-year promotional stocking needs, leading to full-capacity operation of main production lines [4]. - After a brief price increase due to supply-demand tightness in the South China market, prices have stabilized, and module prices for brand customers remain steady [4]. Group 2: LTPS Panels - LTPS panels are benefiting from rapid growth in the automotive display market, with major manufacturers like BOE and Tianma maintaining full production capacity, expected to continue until the end of 2025 [4]. - However, in the smartphone sector, the trend of mid-to-high-end models shifting towards AMOLED has resulted in weaker demand for LTPS panels, keeping prices at low and stable levels [4]. Group 3: AMOLED Panels - As domestic smartphone manufacturers accelerate their shift to flexible AMOLED, demand for rigid AMOLED is contracting. Samsung Display has implemented price cuts to stimulate demand, but market feedback has been lukewarm, limiting the effectiveness of these price reductions [4]. - Some flexible AMOLED production lines have slightly reduced from full capacity, with expectations of minor price adjustments in June to maintain operational levels. However, a stable price floor will be upheld, and with the traditional peak season approaching in Q3, production rates are expected to rebound, with potential slight price increases for certain scarce specifications [4][5]. Group 4: Price Forecast - CINNO Research predicts that a-Si panel prices will remain stable in June and July 2025, while LTPS panel prices are expected to stay stable in the short term. Rigid AMOLED panel prices are also anticipated to remain stable, with flexible AMOLED panel prices expected to stabilize after a slight decline in June [5].

Core Viewpoint - The mobile display panel market is experiencing structural differentiation, with a-Si panels benefiting from stable demand in the mid-to-low-end market, LTPS panels driven by automotive display applications, and flexible AMOLED panels facing a slight decline in demand due to adjustments in terminal brand procurement rhythms [2][3]. Group 1: a-Si Panels - a-Si panels are seeing strong market demand driven by pre-sale preparations for the "6.18" mid-year promotion, maintaining high production capacity [3]. - The market in South China has stabilized after a brief price increase due to supply-demand tightness, with module prices for brand customers remaining stable [3]. Group 2: LTPS Panels - LTPS panels are benefiting from rapid growth in the automotive display market, with major manufacturers like BOE and Tianma maintaining full production capacity, expected to continue until the end of 2025 [3]. - However, in the smartphone sector, the trend of mid-to-high-end models shifting towards AMOLED is leading to weaker demand for LTPS panels, keeping prices at low and stable levels [3]. Group 3: AMOLED Panels - Domestic smartphone manufacturers are accelerating the shift to flexible AMOLED, resulting in a contraction in demand for rigid AMOLED [3]. - Samsung Display is implementing a proactive price reduction strategy to stimulate demand, but market feedback has been lukewarm, limiting the effectiveness of these price cuts [3]. - Some flexible AMOLED production lines have slightly reduced from full capacity, with expectations of moderate price adjustments in June to maintain operational levels, while a return to high capacity is anticipated in the third quarter as the traditional peak season approaches [3][4]. Group 4: Price Forecasts - CINNO Research predicts that a-Si panel prices will remain stable in June and July 2025, with LTPS and rigid AMOLED panel prices also expected to hold steady in the short term [4]. - Flexible AMOLED panel prices are anticipated to slightly decline in June but stabilize in the third quarter [4].

Core Viewpoint - The mobile display panel market is experiencing a differentiated pricing trend, with a-Si panels seeing an increase in both volume and price due to a recovery in the smart terminal market, while flexible AMOLED production lines are facing slight declines in utilization rates due to U.S. tariff policies and price reduction demands from terminal manufacturers [2]. Group 1: a-Si Panels - The demand for a-Si panels continues to grow, supported by strong demand from tablet and laptop products, with main production lines operating at full capacity [2]. - In the South China market, to capture production capacity, mobile product prices have been slightly increased, although module prices provided to brands have not risen, indicating strict cost control by brand clients [2]. Group 2: LTPS Panels - The sustained growth in demand for automotive displays has kept the LTPS production lines of major manufacturers like BOE and Tianma operating at full capacity, with Tianma's LTPS lines expected to remain fully loaded until the end of the year [2]. Group 3: AMOLED Panels - Due to adjustments in product strategies by domestic mobile brands, the demand for rigid AMOLED has been continuously shrinking, leading manufacturers to accelerate the shift towards flexible AMOLED [2]. - Some flexible AMOLED production lines have seen a slight decline in utilization rates from previous full production status, and terminal manufacturers are requesting price reductions due to U.S. tariff impacts [2]. - To maintain production line utilization and secure more orders, some flexible AMOLED products (such as LTPO types) have seen slight price reductions, although the prices of the lowest-priced products have not been further lowered to protect profit margins [2].

Core Viewpoint - The article discusses the differentiated trends in mobile display panel prices as of May, highlighting the performance of a-Si panels due to a recovery in the smart terminal market, while LTPS production lines maintain high utilization rates driven by growing demand in automotive displays. However, some flexible AMOLED production lines have seen a slight decrease in utilization due to U.S. tariff policies and price reduction requests from terminal manufacturers [2][3][4]. Summary by Sections a-Si Panels - Demand for a-Si panels continues to grow, supported by strong demand from tablet and laptop products, with main production lines operating at full capacity. In the South China market, manufacturers have slightly increased mobile product prices to capture capacity, but module prices offered to brands have not risen, indicating strict cost control by brand clients [3][4]. LTPS Panels - The sustained growth in automotive display demand has kept major manufacturers like BOE and Tianma's LTPS production lines fully loaded, with Tianma's LTPS lines expected to remain at full capacity until the end of the year [4]. AMOLED Panels - Due to adjustments in product strategies by domestic mobile brands, demand for rigid AMOLED has been shrinking, leading manufacturers to accelerate the shift towards flexible AMOLED. Some flexible AMOLED production lines have experienced a slight decrease in utilization, and terminal manufacturers are requesting price reductions due to U.S. tariff impacts. To maintain production line utilization and secure more orders, some flexible AMOLED products (like LTPO types) have seen slight price reductions, although the lowest-priced products have not further decreased in price to protect profit margins [4][5]. Price Forecast - CINNO Research predicts that in May and June 2025, a-Si panel module prices will remain stable, LTPS panel prices will also stay stable in the short term, and rigid AMOLED panel prices are expected to remain stable. However, prices for some flexible AMOLED products may decrease slightly, while overall prices are expected to remain relatively stable [4].

Core Viewpoint - The mobile display panel market is experiencing strong short-term demand driven by the "national subsidy" policy and mid-year promotional inventory needs, despite overall price stability and a divergence in prices among different technology types [1] Group 1: Market Dynamics - The recent fluctuations in US tariff policies have introduced significant uncertainty into the market, leading to widespread panic and a cautious outlook, which will continue to impact the global mobile industry and reshape the export landscape to the US [1] - Mobile panel manufacturers need to demonstrate higher market sensitivity and strategic flexibility to cope with potential cost increases and changes in market demand [1] Group 2: Technology-Specific Insights - a-Si: As of April, demand for a-Si brands has increased with the rise in project numbers, leading to full production capacity in major production lines. Prices for mobile products have been slightly raised in South China, while panel and module prices provided to brands have not increased [1] - LTPS: Demand for LTPS panels in mobile applications remains weak, but growth in demand for automotive panels has allowed LTPS production lines to maintain full capacity, keeping prices stable under a balanced supply-demand scenario [1] - AMOLED: Domestic manufacturers are rapidly shifting towards flexible AMOLED, resulting in a decline in demand for rigid AMOLED, with prices dropping by $0.5. However, demand for flexible AMOLED remains strong, and panel manufacturers are striving to maintain price stability despite requests for price reductions from terminal manufacturers [1] Group 3: Future Price Trends - CINNO Research predicts that the price trends for a-Si panel brands in April and May 2025 remain to be observed; LTPS panel prices are expected to remain stable in the short term; rigid AMOLED panel prices are anticipated to decrease by $0.5; flexible AMOLED panel prices are expected to remain stable in the short term [1]