CINNO Research: Mobile panel market continued weak trend in the third quarter, flexible AMOLED panel prices are expected to further decline in July.

According to the Wisdom Financial APP, CINNO Research's chief analyst Zhou Hua stated that in the third quarter, the mobile panel market continued the weak trend seen since the second quarter, with demand further weakening. Due to some panel manufacturers preempting some Q3 orders to maintain production line utilization rates and avoid the risk of rising costs, market demand in the third quarter compared to the second quarter has temporarily contracted. With overall weakening demand and the continuous high cost of core components such as upstream memory, all types of panel prices are facing varying degrees of downward pressure.