TV Makers to Boost Panel Buys in 2021 as Panel Makers Cut Supply, Says Omdia

There’s a paradox looming in the 2021 LCD TV supply chain between set makers planning to increase their panel buys and panel makers cutting TV display capacity to reconfigure production lines for in-demand laptop screens, reported Omdia Monday. Top global TV brands are expected to increase their panel buys by 9% over 2020 if they're able to secure supply, it said. “Panel makers are prioritizing their panel supply to their strategic or preferred top tier TV makers who can sell TVs with advanced features at a higher premium, rather than to the low-tier TV makers whose TVs are priced at low value in the market,” said Omdia.