2020 was a hectic year for the whole of the world, and thus the entire scenario of the world has changed. People started to stay home more and more, and hence the demand for electronics and entertainment products rose.
Now, in the world of the LCD is not something that didn't affect by Covid-19. As the display is a vital part of electronics, it had a mass impact and significant consequences.
After almost one year of the pandemic, we are in a strange situation in the display industry. We are currently facing three types of issues.
In the whole world, the demand for electronics rose sky-high due to the home-stay of people. Small kids and children had to stay enclosed from the outside field, and the entertainment electronics demand rises like a bull in the stock market.
For all the reason, the demand for LCD TFT display demand increases. But due to sudden increase of demand the supply is hampered greatly. Companies around the world are working tirelessly to overcome the demand gap and it is coming to a comfortable position lately.
The semiconductor world is a wild one as all the semiconductor industry is backed by two giant company. TSMC and Samsung.
Before USA sanctioned ban on Huawei they stocked a pile of semiconductor hence created a artificial force on supply chain and after the C-19, the demand for semiconductor and IC rose sky high.
As a result the price, demand and delivery everything came to a standstill and every party is suffering for that.
Currently, the price of IC stand at a record height and it's still raising.
Hope to see a change in the Q3 of 2021, but the scenario is still the same in current time.
Whenever there is a surge for supply the price increased automatically. We have seen it in the start of the pandemic when the price of face mask and hand sanitizer rose sky high but gradually it came down.
Same things are happening in the glass and IC market too. Due to high demand and supply surge the price increased and currently at a high peak. But it will come down soon and everything will be in control.
Please let us know your requirements, and we will get back to you with the best and latest solution for your project. Our LCDs are using various sector like financial POS system, Home appliance, PDA, Automotive display, Medical instruments display, Military industry and IOT, industrial sector and many more.
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