LCD Panel Prices Stabilizing as Supply Discipline Offsets Soft Demand
Dow Jones
Yesterday
0846 GMT - Liquid-crystal display panel prices are expected to remain broadly stable in the coming months as manufacturers maintain tight output controls despite sluggish end-market demand, according to a Morgan Stanley report. TV, monitor and laptop panel prices are forecast to stay flat on month in September, supported by seasonal restocking ahead of year-end promotions and planned maintenance shutdowns in China, the report says. While MS expects average TV panel prices to decline by a low-single-digit percentage in 3Q, it sees downside limited by disciplined industry supply management. The bank says demand for IT panels softened in 2H after earlier restocking, but producers facing cost pressures are reluctant to offer further price concessions.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.