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By BOE LCD supplier | 03 November 2020 | 0 Comments

LCD panels are in short supply and BOE rose by US $5 to $10 in October

According to a report by Taiwan media "Economic Daily", LCD panels are in short supply. Leading manufacturer BOE rose another US $5 to US $10 in October, a maximum increase of about 10%, which is higher than market expectations. It is expected that INNOLUX, AUO and other factories will also reflect the market mechanism to raise prices. Panel quotes rose by more than 10% in the third quarter, and operators got rid of losses. Quotes in the fourth quarter continued to boost the throttle, assisting INNOLUX and AUO to stabilize their net interest rates by more than 10% in a single quarter. 

Panel manufacturers pointed out that Samsung and LG display (LGD) withdrew from LCD production, and BOE became the global leader and gained the right to speak. This wave of panel market conditions with the epidemic boost TV, laptop, tablet and other residential economic terminal demand hot and strong, BOE fully pull up prices, price increase attitude is more positive. 

It is understood that the recent shortage of laptops, tablets and other IT panels, and even Sharp intends to restart small and medium-sized panel production, large manufacturers actively adjust production capacity to IT panels, crowding out large-size panel output, making the October increase stronger than expected, as high as $5 to $10, with a maximum increase of about 10%.

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