TFT-LCD Panel Prices for June 2026: TVs Flat, Monitors +0.1%, NBs Flat MoM

研报英文原文证据摘录

TFT-LCD Panel Prices for June 2026: TVs Flat, Monitors +0.1%, NBs Flat MoM

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June 22, 2026 04:32 PM GMT

Morgan Stanley Taiwan Limited+MGreater China Technology Hardware | Asia Pacific Derrick Yang

Equity Analyst

TFT-LCD Panel Prices for June Derrick.Yang@morganstanley.comMorgan Stanley & Co. International plc+ +886 2 2730-2862

Shawn Kim

Equity Analyst2026: TVs Flat, Monitors +0.1%, Shawn.Kim@morganstanley.com +44 20 7677-1018

Morgan Stanley Taiwan Limited+NBs Flat MoM Vivi Huang

Research Associate

We expect TV panel prices to decline from 3Q26 and IT panel Vivi.Huang@morganstanley.com +886 2 2730-2860

Sharon Shih

prices from 4Q26. While we remain constructive on the Equity Analyst

opportunities for glass in advanced packaging, we believe it will Sharon.Shih@morganstanley.com +886 2 2730-2865

take time for supply chain players to generate meaningful

revenue.

TV panel prices stayed flat MoM in June: Mainstream 32", 43", 55", 65", and 75" TV

panel prices held flat MoM in June. Order momentum began to slow as earlier Greater China Technology Hardware

restocking since the start of the year tapered off, although panel makers continue to Asia Pacific

Industry View In-Line

maintain disciplined utilization to align output with demand. Looking into 2H26, we S. Korea Technology

maintain the view that panel orders could come in below seasonal levels, which Asia Pacific

Industry View Attractive

could further weaken panel makers’ bargaining power. We therefore expect TV

panel prices to trend down from 3Q26. On a quarterly average basis, TV panel

Exhibit 1 : TFT-LCD TV Panel Price Trends

prices should increase by low single digits QoQ in 2Q26. 140%

130%

IT panel prices were largely stable in June: Monitor panel prices edged up 0.1% 120%110%

100%