Price increase of more than 10%! Raw materials are in short supply, and flat-panel TVs are in short supply

For many consumers, the holiday season offers great sales for all kinds of products, making it the best time to buy new items for their homes. But for sellers, this year's May Day sales season is very different ...

Due to the shortage of raw materials, the price of flat-screen TVs has increased by more than 10%

Recently, the price increase of chips has attracted widespread attention. As costs increase, smartphone prices have also risen. In fact, it is not only smartphones that have increased in price, but also flat-screen TVs , whose prices have also begun to soar!

The editor learned that recently, the price of flat-screen TVs has increased by more than 10% . For example, a flat-screen TV that previously sold for 1,000 yuan now costs 1,100 yuan. The price has increased instead of decreased, which is undoubtedly a blow to consumers who are full of expectations.

In a large home appliance store in Beijing, the average selling price of flat-screen TVs in the first quarter was 3,600 yuan, but it is expected that this figure will rise to 4,000 yuan during the May Day holiday.

The person in charge said that the reason why the price of flat-panel TVs has risen has a lot to do with raw materials and display panels . The raw materials of glass substrates are in short supply, and the price of TV panels is bound to rise again and again. Some institutions predict that this situation of supply exceeding demand is expected to continue until the third quarter.

Affected by the epidemic, more and more people around the world choose to work and study at home, and the sales of electronic products have surged. It was also from last year that the price of TV panels has doubled. Data shows that the cost will soar by 30%-50% between 2020 and 2021.

Is TV becoming an outdated entertainment device? North American consumers are demanding it

Smart devices are being updated and replaced at an increasingly rapid rate. Many people believe that television has become a relatively backward entertainment device that is dispensable. However, this is not the case.

With the increase in broadband speed, more functions and the entry of video platforms, the appeal of television to young people has only increased. For young consumers abroad, console games with excellent gaming experience account for about 30%, and nearly one-third of young consumers prefer to play games with a controller connected to the TV.

Data shows that global TV shipments in 2020 reached 288 million, showing an overall upward trend. Among them, North America shipped 53.1 million flat-panel TVs, ranking first in the world. It is not difficult to see that North American consumers have a strong passion and demand for TV, and TV has long been endowed with more emotions.

Flat-screen TVs are in short supply and price increases have become an inevitable trend. This news is great for panel manufacturers, but it is undoubtedly a huge loss for consumers with strong demand.

On the other hand, the demand for flat-screen TVs among consumers overseas, especially in North America, is increasing year by year. Sellers should pay more attention and don’t miss the opportunity!

Flat-screen TV

Raw materials

North America