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Research

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Average Sales Price Trends
LCD and OLED Display Cost Model

Our bottoms-up research includes a Display Price Calculator, supplier capacity details, supplier financials, and detailed financial articles. ...

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Should Cost Financial Model
iPhone 12 OLED Display Cost Estimate

Apple’s iPhone 12 OLED display cost should be lower than the Iphone 11 OLED display.  Apple used this summer’s BOE negotiations to reduce ...

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Supplier Health
Samsung Display’s 3Q19 Earnings Highlight Industry Struggles

Mobile flexible OLED shipments are masking how bad Samsung Display’s (“SDC”) LCD business is performing. There is a risk that BOE’s...

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Should Cost Financial Model
iPhone 11 Pro OLED Display Cost

Tech Financial Analysis estimates that Apple pays $55 to Samsung Display for the iPhone 11 Pro OLED display.  We estimate Samsung Display’s sale...

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Supplier Health
AUO 3Q19 Earnings and Financial Challenges

AUO 3Q earnings were worse than our forecast primarily due to continued average sales price pressure and industry oversupply. AUO is primarily a su...

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Supplier Health
LG Display 3Q19 Earnings and Industry Implications

LG Display reported revenue of KRW 5.8 trillion with a negative operating margin of -8%. Revenue was up 9% from the prior quarter, but down 5% from...

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Should Cost Financial Model
LG Display LCD and OLED Yields

Clients leverage our research of LG Display’s (“LGD”) actual LCD and OLED yields and ramp periods for component negotiations. Our...

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Should Cost Financial Model
BOE LCD and OLED Yields

We provide clients details on BOE LCD and OLED yields in order to improve pricing insights.  Clients leverage the BOE yield data, ramp period anal...

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Capital Expenditures
Display Fab Equipment Savings

Fabs like AUO L4B, Samsung Display A2, and LG Display P8 have significantly lower production costs.  The reason is that these fabs have fully ...

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Average Sales Price Trends
2Q19 Average Sale Price Trends

Each quarter we calculate supplier average price trends both on the quarterly basis and annualized basis. Tech Financial Analysis uses average...

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Should Cost Financial Model
CEC Panda LCD Yields

CEC Panda yields are available in this research article.  We detail CEC’s yield on its IGZO subtrate, 8.5 generation fab, and its entire bus...

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Should Cost Financial Model
OLED display emissive material pricing

An OLED supplier recently detailed average mobile LCD and OLED panel pricing along with emissive pricing. In this subscription article we highlight...

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Should Cost Financial Model
Biel and Lens Tempered Glass Pricing

Biel Crystal (伯恩) and Lens Technology are primarily cover glass providers for mobile, tablet, and IT devices.  We detail cover glass pricing i...

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Supplier Health
SDC 2Q19 Earnings and Free Cash Flow

Samsung reported its 2Q19 display business unit results. We analyzed 1) Apple’s minimum guarantee and the estimated iPhone X units it did not pur...

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Supplier Health
LGD 2Q19 Earnings and Labor Reductions

We reviewed LG Display’s 2Q19 earnings and analyzed potential labor reduction savings. Our financial analysis details limited labor savings. They...

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Capital Expenditures
SDC and Quantum DOT OLED Model

SDC is estimated to invest 13 trillion Won to convert the Tangjeong L8 LCD production line to QD OLED (quantum dot) production. We estimate that OL...

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Supplier Health
AUO R&D Spend Conflicts with Value-Add Message

AUO has been messaging a focus on value added products.  However, its current business is almost entirely LCD panel shipments.  This current stru...

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Should Cost
Financial Model

Should Cost Financial Model calculates the estimated cost for OLED and LCD display panels. The model calculates historical and forecasted manufacturing costs by component subsystem, labor, overheads, capital expenditures, yields, and profit margins. It calculates the panel costs at each supplier fab. Subscribers use the model to evaluate panel costs and profitability of display panel sizes. Additionally, the model includes full industry capacity analysis by generation substrate, panel type (a-Si, LTPS, Oxide), and supplier.

Customers obtain cost and supplier insights to challenge and potentially improve component quotes.

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Average Sales
Price Trends

Subscription includes suppliers' yearly and quarterly average sales prices in the Model and as well as articles.  Where applicable we analyze average prices by product type.

Customers get validation of market prices via the average prices suppliers charge by product type (Mobile, TV, Notebook, Desktop, etc.).

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Capital
Expenditures

Subscription includes analysis of each fab’s investment costs and suppliers’ annual property, plant, and equipment (PP&E) spend. Where no costs have been provided, we have estimated the fab cost via a regression analysis. Subscription also includes articles on industry capex trends and fab financial analysis.

Customers can then challenge a supplier's quote by understanding what amount of depreciation the supplier is assuming.  Additionally, customer understand what amount of capacity they are using at a manufacturing site.

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Supplier
Health

Subscription includes analysis of the historical financial statements and a forecast.  We model the Profit & Loss, Balance Sheet, and Cash Flow statements. Companies coverage includes LG Display, AUO, Samsung Display, BOE, Innolux, Sharp, CEC Panda, and JDI.  We research all available company information, analyze key financial metrics, and provide insights for your sourcing and procurement teams. This includes cost drivers and quarterly impacts to a supplier’s free cash flow and profitability.  

Supply Chain organizations use the research and Cost Models for component negotiations.  Equity Analysts will find the free cash flow forecast for valuation analysis.

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Individual

1 user

$7,500/year

Excel Cost calculator for OLED and LCD displays.  Model includes historical and forecasted costs by input materials, supplier fab, display size, yield, overheads, and substrate type.  Full research article access.  The Model also includes industry capacity by supplier fab.

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Enterprise

Up to 5 users

$12,500/year

Excel Cost calculator for OLED and LCD displays.  Model includes historical and forecasted costs by input materials, supplier fab, display size, yield, overheads, and substrate type.  Full research article access.  The Model also includes industry capacity by supplier fab.