In May 2022, LCD TV open cell prices crashed to a new low, especially 43-inch full high definition (FHD), 50-inch ultra-high definition (UHD), 55-inch UHD, 65-inch UHD, and 75-inch UHD panels. However, panel buyers are requesting further price reductions in June, and panel makers face strong pressure to reach agreements in their price negotiations with TV brands and OEMs.