By Sony, Lucky Gold, TCL attack, Samsung LCD TV's small goals can be achieved?

According to recent reports from the smart home network news platform, Samsung Electronics is experiencing a challenging period amid fierce competition from major rivals such as Sony, LG Display, and TCL. The company's LCD TV sales during the first half of the year have fallen short of expectations. IHS Technology’s senior research director, Xie Qinyi, noted that Samsung has adjusted its shipment target for the year, reducing it from an initial projection of 48 million units to a more conservative estimate of 44 to 45 million units. Given the significant downward revision—approximately 300,000 to 400,000 units—it remains to be seen whether this change will influence Samsung's panel purchasing decisions in the second half of the year.

This year, Sony and LG Display have been actively promoting their OLED TV lineup, aiming for逆势 growth despite the broader market downturn. Meanwhile, mainland Chinese brands like TCL have been making impressive strides, capturing market share with stable shipment growth. Samsung now finds itself squeezed between these competitors, leading to stagnant shipment numbers and, in some cases, even declines in shipment volumes compared to last year.

It’s worth noting that Samsung shipped over 47 million LCD TVs globally in 2022. Initially, they set an ambitious goal of reaching 48 million units this year. However, the sluggish performance in the first half has dampened those aspirations. Analysts predict that Samsung's shipments could drop further, ultimately settling at around 44 to 45 million units for the entire year. In response, Samsung has reportedly shifted its product strategy toward a greater emphasis on high-end offerings, particularly focusing on QLED TVs and premium LCD models.

As one of the largest buyers of TV panels worldwide, Samsung's procurement decisions carry significant weight in the industry. If Samsung adjusts its annual shipment goals, it could ripple through the panel market, influencing purchasing patterns across the board. Recent data shows that TV panel prices have remained subdued, with 40- to 65-inch panels seeing a modest decline of $2 to $3 per unit in July, while 32-inch panels either remained flat or fell slightly. This trend aligns with observations from May and June, driven partly by brand manufacturers seeking to encourage profitability among panel suppliers.

The slower-than-expected demand in the first half of the year has been compounded by high inventory levels in the mainland Chinese TV supply chain. As a result, the pull factor driving demand has been weaker than anticipated, extending into July. Looking ahead, however, Xie Qinyi highlighted the potential for stronger demand in the coming months. The traditional peak buying seasons in Europe, the U.S., and Asia, including the upcoming August stockpiling efforts, as well as events like China's Golden Week and Singles' Day in November, could provide much-needed momentum. If these trends hold, the second half of the year might see a more stable trajectory for TV panels. However, any further reductions in Samsung's panel orders could dampen mainland brands’ enthusiasm for procurement, potentially affecting the overall health of the panel market in the latter part of the year.

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