Japanese
KoreanCoronavirus Quashes Panel Price Rally
Published March 30, 2020
LCD panel makers can’t get a break. After an absolutely brutal 2019 with TV panel prices falling to all-time lows, panel makers were starting to see some signs of improvement in Q1 before the coronavirus hit. Now the virus has led to severe concerns about demand, with everyone in the industry revising their forecasts down (DSCC’s latest update for 2020 is included in this issue as a separate article). With supply only lightly affected by the pandemic, and with the massive economic impact now expected in major developed economies, a slowdown in demand has become the defining feature of the industry, taking away all the upward pricing pressure.
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