According to a report from the Business Times in Taiwan, China, due to the low panel inventory in the supply chain and the shortage of materials, the momentum of brand factories to pull goods has not diminished, pushing up the panel quotations in January, which continued to rise, of which the TV panel growth rate remained at 3～3～ 5% level, panel prices are expected to rise by another 10% in the first quarter. The legal person estimates that AUO and Innolux, driven by a 15-20% increase in panel prices in the fourth quarter of 2020, will see a profit of NT$8 billion to NT$9 billion. Profits are expected to exceed 10 billion yuan.
WitsView’s latest panel quotations are released, and the monthly growth rate of TV panels remains at the level of 3-5%. Among them, the 32-inch panel has increased by 3-4 US dollars, while the price of 43-inch, 50-inch, 55-inch, 65-inch and other size panels has increased. About 5 to 8 US dollars, 75-inch panel rose about 5 US dollars. Qiu Yubin, vice president of TrendForce Research, said that the peak sales season at the end of last year was a good result, the supply chain inventory was low, the momentum of pulling goods in the first quarter continued, and the impact of glass and IC shortages continued, which delayed the previously expected panel price inflection point to the second On the whole, the panel price increase in January was comparable to that in December last year.
From the perspective of IT panels, the price increase of monitor panels expanded in January, and the mainstream sizes including 23.8-inch and 27-inch both increased by 2 to 2.5 US dollars, mainly because monitors bid farewell to the recession of the past few years in 2020, and shipments increased significantly. With an increase of 7%, the brand factory is optimistic about the continued demand for the housing economy in the first half of the year, actively sprinting sales, and the momentum of pulling goods remains strong.
The demand for notebook panels is also very strong. Qiu Yubin said that in the fourth quarter of last year, driven by the CromeBook, the demand for 11.6-inch panels exploded. Full-size notebook panels rose 1 to 1.2 US dollars.
Qiu Yubin said that the number of working days in February was short, and many brand factories rushed to buy goods in January, which boosted the demand for panels in January, and the overall supply chain inventory level was low, and the demand for replenishing inventory is expected to continue. In addition, the impact of the previous power outage at the NEG factory was fermented in the first quarter, and IC supply was still tight. It is expected that panel quotations in February and March are expected to continue to rise.
AUO and Innolux turned a profit in the third quarter of last year, with AUO making nearly 3 billion yuan in a single quarter, and Innolux making more than 1.5 billion yuan. Although the growth momentum of shipments was limited due to the shortage of components in the fourth quarter, the price of panels in a single quarter rose by as much as 15% to 20%. , the whole year will turn a profit, the panel price in the first quarter is expected to continue to rise by 10%, and the single-quarter profit will exceed the 10 billion yuan mark.