TV businesses of Samsung, LG face mounting pressure from rising LCD panel prices
Samsung Electronics and LG Electronics are expected to face growing pressure on their TV businesses, as rising prices of Chinese-made LCD panels drive up production costs, particularly for low- and mid-range TVs. According to market tracker Omdia, the cash cost of a 65-inch LCD TV open cell is projected to rise from $112 in 2025 to $116.80 this year and $124.55 in 2027, as higher component and…
Samsung Electronics and LG Electronics face mounting challenges to their television production as the cost of Chinese-made LCD panels climbs, driving up the expenses associated with manufacturing low- and mid-range TVs, according to market analyst Omdia. The research firm predicts that the cash cost of a 65-inch LCD TV open cell will increase from $112 in 2025 to $116.80 this year and $124.55 in 2027, due to rising component and material prices.
The three leading Chinese panel manufacturers, CSOT, HKC, and BOE, have reportedly sent formal notices to their clients, outlining their intent to raise prices starting in September or the fourth quarter. Another market research firm, TrendForce, reports that LCD panel prices have remained stable, with 55-inch and 65-inch panels priced at $123 and $173, respectively, in October and November.
However, Omdia anticipates that LCD TV panel manufacturers will successfully raise prices in December, as "rising costs approach a tipping point."
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
