Samsung 600×600 LED Panel is a high-Lumen Ultra Slim, Contemporary & Elegant Design, Higher Light Transmission Rate.Ģ. – In addition, use our Surface Mounting Metal Frame if you need it surface mounted.ġ. – Install the Square LED Panel Light as suspended using our Suspension Kit for LED panels. The premium finish means it lasts, the same as the built-in Samsung LED Chips, designed and built using leading technology and the best components to offer a perfect light output.īest Suspended Ceiling Panel Light. The V-tac LED Panel 600×600 is made from a high-quality plastic diffuser and aluminium powder coated frame. More significantly, because this action comes late in the quarter, it leaves panel makers with little opportunity to slow down, so it is likely that panel makers also will report elevated inventories.įor the complete original article by Bob O’Brien, visit Light presenting Samsung 600×600 LED Panel Slim 40w Light. The result has been a growing pile of inventory.īecause Samsung has taken this drastic step just two weeks before the end of the quarter, it is unlikely to resolve the inventory problem within the second quarter of 2022. While the surge in demand early in the pandemic caused a shortage that lasted until mid-2021, price increases led LCD makers to increase supply, while the demand peaked and started to decline. Samsung’s action is the most recent and most dramatic of a larger picture of oversupply and excess capacity in the LCD industry. “In more than two decades in the flat-panel industry, I can never recall such a drastic action by a big industry player,” said Bob O’Brien, co-founder, principal, and CFO of Display Supply Chain Consultants (DSCC). “DSCC had already shown that the industry had too much inventory, and this action by Samsung proves it. This will put even more pressure on already-low LCD panel prices. For panel makers, things will get worse before they get better.” Samsung has informed major flat-panel vendors, including Chinese LCD makers BOE, HKC, and SIO. Sources in Asia have confirmed that Samsung has stopped issuing new purchase orders for panels and has canceled current orders as well. As a major electronics vendor, Samsung also has access to information about its inventory at major retailers, and retailer inventory is similarly elevated. As recently reported in the DSCC Weekly Review, when translated into the number of inventory days, it represents an all-time high of 94 days of inventory, or about two weeks higher than its typical level. In its most recent quarterly financial report, Samsung reported KRW 47.6T ($39.5B) of inventory. Nikkei quoted sources at Samsung saying that the company needs to review inventory levels to ensure stock is manageable. The notification applies across multiple business lines, including home appliances, TVs, and smartphones. The change is a response to high inventories and concerns about a macroeconomic downturn amid high inflation, which is reducing consumer purchasing power. Nikkei Asia reported that Samsung is stopping new procurement orders and asking suppliers to delay or reduce shipments of existing orders. The closure will mark the end of more than 25 years of LCD production by Samsung Display. The news may be a coincidence, but at the end of this month, Samsung Display will end LCD TV panel production at its last remaining production site, the L8-2 Gen 8.5 fab in Korea. Samsung is the world’s largest supplier of both smartphones and TVs. Samsung has informed flat-panel display makers in smartphone and TV markets that panel purchases will be halted. With concerns about excess inventory in a deteriorating economy, Samsung Electronics has notified all business groups to suspend purchases and control their inventory status.
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