Our Comments: Global TV Panel Makers Start the Largest Production Cut in History. When will Supply and Demand Return to Balance?
Sales of TVs are expected to decline in 2022 after record TV sales during the pandemic. As a result, panel fabs are reducing capacity. TV brands are scaling back orders while at the same time slashing prices and offering promotional deals. Samsung is being particularly aggressive in promoting their 8K TVs with price cuts and now an offer to bundle a Galaxy S22 Ultra smartphone with your 8K TV purchase (see link below). Read the news here.