Crowd wisdom consulting: In November, mid-to-high-end panels faced downward pressure, and price competition in the mainstream laptop market will further intensify.

On November 8th, Guanzhi Consultancy released the 2025 November IT panel price index (early edition). Guanzhi Consultancy predicts that under the joint game of weak demand and supply control, the mainstream prices of Monitor OC and LCM panels in November are still expected to remain stable, while high-end panels face downward pressure. Price competition in the mainstream submarkets of notebooks will further intensify in November. Monitor Panels In November, the global monitor panel market continued to maintain a stable price trend. The soft demand trend persists: on the one hand, the peak season for stockpiling has ended, and brand manufacturers are generally facing high inventory pressure, leading to a significant weakening in panel purchasing momentum. On the other hand, the subsidy policy is coming to an end, the market driving effect is gradually diminishing, coupled with underperformance in retail sales, leading to further contraction in consumer demand. On the supply side, faced with continued weak demand, based on profit demands, "on-demand production" is still the core strategy that panel manufacturers adhere to. With proactive adjustments made by panel manufacturers, the overall market supply and demand will still maintain a dynamic balance. At the same time, given the poor profit performance of mainstream specification panels, some manufacturers have gradually reduced supply, leading to increased concentration of mainstream specification supply, further enhancing the bargaining power of panel manufacturers. Taking into account both supply and demand, Guanzhi Consultancy predicts that under the joint game of weak demand and supply control, the mainstream prices of Monitor OC and LCM panels in November are still expected to remain stable, while high-end panels face downward pressure. The performance of various sizes is as follows: 21.5" FHD, mainstream panel prices of 11-month Open cell & LCM are expected to remain flat month-on-month; 23.8" FHD, mainstream panel prices of 11-month Open cell & LCM are expected to remain flat month-on-month; 27" FHD, mainstream panel prices of 11-month Open cell & LCM are expected to remain flat month-on-month. Notebook Panels In November, the global notebook panel market continued to face weak demand, with panel prices under pressure. In terms of demand, the peak season for stockpiling has completely ended, brand manufacturers have maintained high inventory levels, and the pressure to deplete inventory is evident, leading to a more cautious release of panel purchase orders. As for supply, notebook panels in the G8.x generation line still have a high priority allocation of production capacity, and the overall market supply remains loose. Although adjustments in tariff policies have alleviated some cost pressures, the cost pressure brought about by the rise in core components has not yet dissipated, and the willingness of mainstream brands to convey cost demands to the panel side remains strong. Considering the impact of supply and demand on both ends, Guanzhi Consultancy predicts that price competition in the mainstream submarkets of notebooks will further intensify in November. Panel price performance is as follows: Lower-end HD TN: mainstream TN LCM price is expected to remain flat in November; IPS FHD & FHD+ products, mainstream specification panel prices for 16:9 and 16:10 in November will see a slight decline of $0.2; while prices for high-end specification panels will continue to show a differentiating trend.