Industry sources predict LCD panel prices will rise 20% this quarter

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Last updated on December 8th, 2022 at 02:39 pm

In the previous quarter, they have already grown by 30%

The prices of LCD panels continue to rise rapidly, according to a source citing industry representatives. In the third quarter, growth relative to the level recorded in the second quarter amounted to 30%. According to industry sources, another 20% growth is expected in the current quarter.

LCD panel prices
LCD panel prices

Industry sources predict LCD panel prices will rise 20% this quarter

The reason for the rise in prices is the increased demand from the manufacturers of the final products in which the panels are used. Without going into details, the source claims that panels of various sizes are in high demand.

The change in market conditions is evidenced by Samsung‘s decision to postpone the discontinuation of LCD panels, which was announced in March this year.

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