Sigmaintell has analyzed the potential impacts of this acquisition as follows:
Basic Information on LGD LCD Factory in Guangzhou: Annual Production of LCD TV Panels Exceeds 10 Million Units
Date:2024-08-02 Source:SigmaintellAccording to Sigmaintell, global smartphone shipments are predicted to be about 1.17 billion units in 2024, a year-on-year growth of 5.3%, and about 1.19 billion units in 2025, a year-on-year growth of 2.1%.
Date:2024-08-01 Source:SigmaintellAccording to Sigmaintell, Chinese smartphone market shipped approximately 68.6 million units in 24Q2, growing by 8.3% year-on-year, a significant improvement from the low single-digit year-on-year growth in the first quarter.
Date:2024-08-01 Source:SigmaintellAccording to Sigmaintell, global smartphone shipments in the second quarter of 2024 amounted to 280 million units, up 9.7% year-on-year.
Date:2024-08-01 Source:SigmaintellAccording to Sigmaintell, global smartphone shipments in the second quarter of 2024 amounted to 280 million units, up 9.7% year-on-year.
Chinese smartphone market shipped approximately 68.6 million units in 24Q2, growing by 8.3% year-on-year, a significant improvement from the low single-digit year-on-year growth in the first quarter.
global smartphone shipments are predicted to be about 1.17 billion units in 2024, a year-on-year growth of 5.3%, and about 1.19 billion units in 2025, a year-on-year growth of 2.1%.
Date:2024-08-01 Source:SigmaintellCore Points:
· In 2022Q1, the global mobile phone CIS' shipments were about 1.13 billion units, a YoY decrease of approximately 27.0%.
· Capacity: In 22H1, mobile phone pixel capacity was sufficient, and low-end pixel capacity sought localization.
· Demand: Market demand in Europe and mainland China has suffered multiple blows, and the Latin American and Africa market may be able to stand out.
· Products: The upgrade of pixel format shows polarization, "The main camera goes up, Sub-camera goes down."
· Competitions: Leading makers will use capacity advantages to control supply or change the adversity, and local makers will seek opportunities through differentiation.
· Suggestions: Improve product functional value, upgrade product structure, and be cautious in large-scale expansion.
Date:2022-05-24 Source:SigmaintellIn 2022, the world situation is complex and changeable, including the continued growth of a series of economic problems arising from the conflict between Russia and Ukraine, the differentiation of the epidemic situation, as well as the anti-epidemic policies in various countries, the US dollar appreciation, and inflation intensifies. All these factors combined take a heavy toll on the Global TV Industry and significantly impact rebuilding confidence in the recovery of future demand. The cold winter has come, and the spring is still far away. We will carefully explore whether the TV panel market can recover its vitality in the upcoming global purchasing season and how to recover its energy.
Date:2022-05-22 Source:SigmaintellIn 22Q1Q1, the global smartphone panel market was weak, and the supply and demand of various technologies were in a loose state. Three main factors affect the demand for smartphone panels: First, the post-epidemic era superimposed on the "Russian-Ukrainian conflict" had resulted in a less-than-expected recovery of the global economy, hyperinflation was continued to intensify, and the consumption capacity of the global residents was weakened. Second, as the domestic epidemics repeated, combined with the background of "Persisting Dynamic Clearing,” consumers' motivations to change phones were weakened, making mobile phone makers less confident in the stocking. Third, affected by the high inventory of parts and components last year, the demand for smartphone panels continued to decline in the first quarter.
Core Points
Auto Market: In April, the domestic automobile market’s sale was only about 1.18 million, which decreased 48% YoY.
New Energy Vehicle Companies: In April, domestic new energy vehicle companies were under pressure, and the resumption of work and production was in progress.
Annual Outlook: The short and medium-term market trends depend on the pace of resumption of work and production and the degree of control over supply chain resources by car companies.
Mobile Panel
In May, the global supply and demand of smartphone panels of various technologies will still be in loose states, and it is difficult for the end market to reverse the weak demand in the short term. On the supply side, under the condition that difficult to obtain effective ways to stimulate growth in the market size, most panel makers adopt a regular price reduction strategy. According to Sigmaintell data, smartphone panel prices will continue to decline in May.
Date:2022-05-22 Source:SigmaintellIn April 2022, under the influence of the continuous fermentation of the Russian-Ukrainian war and the recurrence of the epidemic in China, the market demand in Eastern Europe and mainland China declined again. At the same time, the inventory in the early stage is to be consumed, the epidemic has prolonged the logistics and transportation cycle in mainland China, and the release of new set products has been delayed. Under the influence of these factors, it is expected that the puchasing plan of the set makers in 22Q2 will be lower than expected.
In terms of upstream capacity, CIS wafer foundries are geographically distributed widely and are basically not affected by the recurrence of the epidemic. Therefore, the expansion progress of CIS wafer foundries is relatively stable. In this context, Sigmaintell predicts that the supply relationship of CIS in 22Q2 will be oversupply.
Date:2022-05-07 Source:SigmaintellEntering April, the epidemic in many places in China has repeated, and the conflict between Russia and Ukraine continues. Affected by inflation, the epidemic, and geopolitics, the global demand for smartphones continues to weaken. According to the latest data from Sigmaintell in April, it is estimated that the overall global demand for smartphones will be lowered from 1.35 billion to 1.3 billion in 2022. The stocking plan of top set makers has also continued to decrease. On the supply side, Kioxia resumed production in the second quarter, and the overall supply and demand were relatively loose. Based on the latest survey data in April, Sigmaintell predicts that the price of embedded memory will remain stable in April as a whole.
Date:2022-05-07 Source:SigmaintellIn the second quarter, the global market fell into a "Double Anxiety" situation of the COVID-19 in China and the Russian-Ukrainian conflict. The "Butterfly Effect" caused by war and epidemic controlling logistics supply chain has negative effect onconsumers’ psychology and purchasing power, as well as the supply chain leadtime. According to Sigmaintell predicts, the demand scale from end market may meet an "over expected shrinkage" in the second quarter.
Date:2022-05-07 Source:SigmaintellAffected by the conflict between Russia and Ukraine and the domestic epidemic control, the overall performance of smartphone sales in 22Q1 was weak, and consumers lacked motivation to change smartphone. According to Sigmaintell data, the global smartphone shipments in 22Q1 will be around 300.6 million, YoY declined around 10.4%. Among them, the domestic smartphone market shipments will be approximately 74.3 million units, and the decline in the domestic market exceeded that of the overseas market.
More than a year after the COVID-19, the global notebook PC panel (hereinafter referred to as "notebook panel") market has experienced ups and downs. From the perspective of demand, the notebook market can be said to be the category of consumer electronics products that has been driven the most by the “epidemic dividend”. According to Sigmaintell’s data, global notebook panel shipments in the first half of 2021 are 137 million, with an increase of 37% YoY. The annual shipment volume is expected to reach 262 million pieces, with an increase of 13.8% YoY, which is the highest annual shipment scale since the birth of this category.
Driven by the COVID-19 and proactive fiscal policies, the global TV market has experienced a year-long period of high growth, which has also stimulated the growth of overseas market capacity. With the change in fiscal policy for the popularization of vaccines, terminal demand in the TV market is likely to usher in cooling down, pushing brand stocking back to rationality.
According to Sigmaintell's data, the panel stocking demand of the top 9 global brands are constantly adjusted as the pace of shipment changes. Top brands panel purchase volume has entered a period of significant YoY growth from 20Q3, especially entering 2021. Under the catalysis of the accelerated increase in panel prices and the continued deterioration of supply, the top brands' panel purchasing number reached a rapid growth of 8% to 11% YoY.
As shown in the figure below, Sigmaintell’s second-quarter shipment monitoring data on the global monitor set market shows that the second-quarter shipment scale was about 35 million units, an increase of only 0.6% QoQ and only 2.3% YoY growth. The quarter with the lowest YoY growth rate in a single quarter. The performance of this shipment did not meet the expectations.
According to Sigmaintell data, a total of 40.85 million monitor panels were shipped globally in 21Q2, a decrease of 3.3% YoY during the boom period driven by the epidemic and an increase of 4.7% from the previous quarter. A total of 79.87 million units were shipped in the first half of the year, an increase of 8.5% YoY, and a decrease of 9.1% QoQ compared with the historical record refreshed in the second half of 2020. The shipment area was affected by the decline in shipments and the limited growth of large sizes. In the first half of the year, it totaled 13.37 million square meters, a decrease of 9.7% from the previous month.
The biggest contradiction between supply and demand is the mature manufacturing process that has rarely expanded capacity in the past few years. The surge in home demand in the post-epidemic era has further magnified the risk of IC shortages such as driver IC. According to the latest forecast by Sigmaintell, the global demand for driver IC sensors will increase to 8.54 billion in 2021, maintaining growth of about 7.7% YoY.
Halfway through 2021, the demand for the "consumption at home" derived from the outbreak of the COVID-19 and the promotion of proactive fiscal policies, the global TV market demand has ushered in more than four quarters of high growth. Entering the second half of 2021, the COVID-19 continues to have a profound impact on the global economic and political landscape, and the TV market demand has shown a significant weakening trend. According to Sigmaintell's data, it is expected that the global TV market shipment volume scale in the first half of 2021 is 108 million units, an increase of 6.1% YoY
