The COVID-19 pandemic has made major adjustments to the laptop manufacturing and sales industry. Because many people were transferred to telecommuting, the demand for laptops was unusually high. Analyst firm TrendForce estimates that about 65.3 million laptops were sold in the first quarter of 2021. This is 3.5% more than in the last quarter and 46.5% more than the same period last year.
In terms of shipments, laptop panels’ shipments increased more than 20% YoY each quarter last year. Even now, manufacturers’ orders for laptop displays are 30 to 50% higher than suppliers’ capacity. This supply constraint is primarily due to the lack of certain semiconductor components.
Due to the limited supply, prices for laptops have also increased significantly. Case in point, prices for 11.6-inch panels, which are among the mainstream and widely used for Chromebooks, are now approaching prices for 14-inch and 15.6-inch panels.
According to TrendForce estimates, notebook demand will remain strong until the end of this year.