With the formal implementation of hybrid AI, 2024 is set to be the inaugural year for edge AI devices. Across a spectrum of devices from mobile phones and PCs to XR and TVs, the form and specifications of AI-powered terminals will diversify and become more enriched, with a technological structure that is increasingly pluralistic. This, combined with a fresh wave of device replacement demand, is anticipated to fuel continuous growth in display panel sales from 2024 to 2028.

The cessation of operations at Sharp's G10 factory will likely lessen the supply-demand equilibrium in the global LCD TV panel market, which has been operating at full capacity. Following the divestment of LG Display's (LGD) Guangzhou G8.5 facility, production capacity will be redirected to manufacturers in mainland China, subsequently enhancing their global market share and bolstering the concentration of primary suppliers.

Sigmaintell Consulting forecasts that by 2025, mainland Chinese manufacturers will capture a global market share exceeding 70% in LCD panel supply, leading to a more stable competitive landscape. Concurrently, under the impetus of TV demand, the demand or pricing for various terminal applications is expected to rebound, with a projected year-on-year increase of 13% in panel sales for 2024.