Lates News

CITIC Securities stated that in the short term, with the tariff policy becoming more stable, the mid-year promotion driving TV manufacturers to clear inventory and begin stocking for 25H2, and the low operating rate of panel TV, it is expected that market supply and demand will improve, and TV panel prices are expected to gradually bottom out and reverse. At the same time, the 25H2 mobile phone market is entering the peak consumption season, and Apple's full use of LTPO panel drive anticipates industry structural upgrades, showing optimism for the continuous improvement of OLED panel supply and demand and profitability. Looking ahead, the long-term logic of the panel industry remains positive, with a benign competition pattern, the trend towards larger sizes driving supply and demand balance continuing to rise, ongoing localization to lower costs, and gradual phase-out of depreciation, allowing top panel manufacturers to accelerate profit releases.