Panel Maker Q2 Earnings Preview
Published July 25, 2022
In the next few weeks, we will see the Q2 earnings announcements for flat panel display makers, starting with LG Display on Wednesday, July 27th. The most recent quarter marks a full year after the biggest profits in the history of the flat panel display industry in Q2’21, and the prospects for the industry could not be more different. Panel prices started to decline a year ago and have not stopped their decline, and even with lower prices the demand for panels has decreased. We expect that panel makers will report another quarter of declining margins for Q2’22 and expect several panel makers to report operating losses.
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