TAIPEI, TAIWAN: According to WitsView, the market demand for panels is likely to increase, due to the soon-to-arrive traditional strong second half.
However, as June also marks the period for mid-year inventory accounting and a quarterly end for panel makers, the TV, monitor and NB panels are still under notable price pressures. In general, both IT and TV panels slipped by 1~2 percent in 2HJune.
"Given the current panel ASP, it still allows panel makers to enjoy a relatively high profit level. Thus, as long as an adequate amount of orders can be secured, even if prices trend downwards, panel makers should be able to reduce the impact from the current market oversupply," said WitsView analysts.
"Meanwhile, amid the market oversupply, in addition to the original business orders being placed, the seller and buyer are also discussing possible short-term spot deals. The panel prices of such deals are usually even more attractively-priced," they add.
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