Market researcher CINNO Research pointed out that since entering December, the prices of mobile phone panels in all technology categories have shown a steady increase, with prices stable in the fourth quarter and down 15 to 34 per cent for the year.

2023 small-sized panel prices in the first half of the year after the continuation of the decline in the third quarter of the price decline convergence and stabilisation, while the low-end products ushered in a small increase in prices. CINNO Research pointed out that with the market entering the off-season, is expected in January 2024 prices will be flat.

CINNO Research said that in 2023, a-Si panels declined for six consecutive months from January to June, with a cumulative decline of 24%, and the decline gradually converged and levelled off in the second half of the year, with a cumulative decline of about 34% for the whole year, and the prices of some low-end products saw a long-awaited rise in the fourth quarter. It is expected that with the end of the year approaching, the white-labelled market will heat up a bit, and demand will start to slow down.

2023 LTPS smartphone panels experienced six consecutive months of price declines in the first half of the year, LTPS panel prices took the lead in July to usher in a halt to the decline, and in some of the low-priced products on the success of the price increase. Into December, the tight supply situation will continue, will still show a steady upward trend, the annual cumulative decline of about 15%.

2023 rigid AMOLED panel since the beginning of the year, eight consecutive months of price decline, the cumulative decline of 24%, and then the price decline gradually convergence and stabilisation. In the demand continues to heat up driven by the main panel supplier Samsung display intends to wait for the opportunity to increase prices, 2024 is expected to start raising prices. Flexible AMOLED panels also experienced eight consecutive months of falling prices, a cumulative decline of 33%, in the case of continued supply constraints, flexible AMOLED panels in the fourth quarter ushered in an overall price increase, into December, the overall price will continue to rise slightly.

CINNO Research predicts that in December, a-Si / LTPS panel prices as a whole still show a steady upward trend, the overall price of flexible AMOLED will continue to rise slightly. However, as the market enters the traditional off-season, it is expected that the prices of mobile phone panels in each technology category will be flat in January and February 2014, and the subsequent price trend will have to observe the changes in market demand.

*Disclaimer: The information in this article originated from CINNO Research, the information has not been officially confirmed, and is only for the purpose of communication and learning.