TrendForce Consulting: Estimated TV panel prices continue to rise, demand for display panels will strengthen.

Recently, TrendForce released the panel price data for February: in late February 2025, TV panel prices increased, while monitor and laptop panel prices remained stable. TrendForce predicts that in February, the price trend for TV panels will increase by $0.5 for 32-inch panels, $1 for 43-inch panels, remain the same for 50-inch panels, increase by $1 for 55-inch panels, increase by $2 for 65-inch panels, and increase by $3 for 75-inch panels. It is estimated that MNT panel demand will strengthen month by month. TV Entering February, the tariff issue has not had a significant impact for now, but rather the support of China's policy of old-for-new has continued to drive demand growth. Most brand customers are able to maintain strong purchasing power, and panel factories can continue to maintain high production levels to meet the growing demand. In general, TV panel demand remains stable, and prices are expected to continue to rise, especially in the case of good demand for large-sized TV panels, which may lead to some degree of crowding out of capacity and help push up the prices of medium and small-sized TV panels. It is estimated that in February, TV panel prices will increase by $0.5 for 32-inch panels, $1 for 43-inch panels, remain the same for 50-inch panels, increase by $1 for 55-inch panels, increase by $2 for 65-inch panels, and increase by $3 for 75-inch panels. Monitor Entering February, it is expected that MNT panel demand will strengthen month by month, despite being the traditional off-season, demand remains relatively good. As panel factories begin to feel the trend of price increases in TV panel demand, they are also starting to create an atmosphere for MNT panel price increases. Brand customers mostly remain in a wait-and-see attitude, and there may still be some negotiation on price trends between buyers and sellers. Currently, it is observed that in February, Open Cell panels are expected to reflect a slight increase of $0 to $0.1, while panel modules are expected to remain overall stable. Laptop Entering February, NB panel demand is still in the traditional off-season cycle, with an estimated overall demand decrease of 3.3% compared to the fourth quarter of last year. This decrease is smaller than previously predicted, mainly because some brand customers are considering factors such as tariffs and supply chain transfers, and are increasing their purchasing power for panels. However, most panel factories are concerned that there may still be variables in future demand dynamics, so they are currently taking a cautious approach to panel prices and have not yet proposed any clear price increases. It is currently estimated that the price trend for NB panels in February will remain overall stable.