Panel price observation | TV panel prices rose in February, and the price of monitor panels changed slightly

 Panel price observation - February

Yesterday, TrendForce announced its February panel price forecast, saying: In February 2025, the expected rise in TV panel prices continued; the prices of monitors and laptop panels remained unchanged.

 

1. TV

As February begins, demand for TV panels remains stable, but after the new US president takes office, the hidden worries about tariffs have gradually come to the forefront. Although due to the support of domestic trade-in policies, most brand customers can maintain strong purchasing momentum from the fourth quarter of 2024 to the first quarter of 2025, it will inevitably reflect the demand for stocking in advance before the implementation of tariffs. Therefore, the tariff issue has not yet brought much significant impact in the short term, and panel prices are expected to continue to gain support for rising because demand remains at a stable and strong level. Currently, the price trend of TV panels is estimated to rise by $0.5 in February, the price of 32 inches is expected to rise by $1, the price of 43 inches is up by $1, the price of 50 inches is flat, the price of 55 inches and 65 inches is up by $1, and the price of 75 inches is up by $3.

 

2. Monitor

After entering February, it is estimated that the demand for MNT panels will become stronger month by month, and overall shipments in the first quarter have the opportunity to increase by 0.5% compared with the fourth quarter of last year. Although it is the traditional off-season, it still maintains a good demand momentum. The main reason is that TV demand has significantly strengthened, and the exclusion effect of production capacity has forced brand customers to start to increase stocking. In addition, the price of TV panels has increased, panel manufacturers have also begun to brew price increases, and there is a chance to increase brand customers' stocking in advance. In addition, the implementation of tariffs has become clearer, and a small number of brands have mostly prepared in advance at the end of last year, but the impact on recent changes in panel demand is less obvious.

 

Currently, observing the price trend of MNT panels in February, as panel manufacturers want to actively raise prices, brand customers still hold a wait-and-see mentality. It is expected that Open Cell panels will have room to reflect a slight increase of 0 to 0.1 US dollars, while panel modules will remain in a full-scale flat trend.

 

3. Notebook

After entering February, NB panel demand is still in the traditional off-season cycle, and overall demand in the first quarter is expected to drop by 5.5% compared with the fourth quarter of last year. Since most brand customers are concerned about tariff issues, they began to prepare in advance in the fourth quarter of last year. After the tariffs were implemented in February, there were not many new changes in panel procurement for the time being.

With panel demand remaining at a low level in the first quarter and brand demand not changing much, panel manufacturers dare not rashly propose the idea of ​​price increase. It is currently estimated that the price trend of laptop panels in February will remain in a comprehensive trend.