The year-end cold snap has yet to arrive, but a price surge has already knocked on the door of the LED display industry. In early December 2025, different from the usual cyclical fluctuations ahead of the Spring Festival, a round of intensive price adjustments sweeping the entire industrial chain took the lead in the market. The "price hike trend" has penetrated from the upstream material sector to the downstream terminal market, becoming the most distinct market feature of the industry at the end of the year.
A review of the industry's trajectory over the past three years shows that this price hike is not an isolated and accidental market anomaly. According to the research of Display Expert, the LED display industry has experienced three rounds of concentrated price hike cycles in the past three years, namely in 2023, from March to August 2025, and from December 2025 to the present.
All three rounds of price surges have featured the distinct characteristics of interenterprise coordination and full industrial chain impact, covering dozens of core enterprises in the industrial chain in total. These include midstream packaging enterprises such as MLS and Hi-Tech Huaxing, as well as numerous manufacturers in the upstream material and downstream terminal links.
In particular, the current price adjustment has a far wider coverage and more synchronized pace than the previous two rounds, penetrating all links of the industrial chain and attracting widespread attention from material suppliers, manufacturers and channel agents alike.
The direct trigger for this industry-wide price adjustment is the sharp surge in the prices of core raw materials. A number of enterprises have explicitly stated in their price adjustment notices that the prices of precious metals such as gold, silver, copper and tin, as well as key materials including wafers, glass cloth and sheet materials, have been soaring continuously. Data shows that from the start to the end of 2025, the price of gold has risen by more than 70%, silver by a staggering 170%, and copper by 36% – with the upward momentum still continuing. For the LED industrial chain, which is highly reliant on precious and non-ferrous metals, this has rendered the original pricing system unable to cover production costs.
Based on this, Display Expert, from a third-party observation perspective, will systematically review the historical context of the three price hikes in the LED display industry over the past three years, deeply analyze the core drivers of each round of price hikes, and dissect the long-term impacts of price fluctuations on the industrial pattern, technical routes and market demand.
The Third Price Hike at the End of 2025: Full Industrial Chain Resonance Driven by Skyrocketing Raw Material Prices
In early December 2025, the third round of price hikes in the LED display industry officially kicked off. In just one month, nearly 20 enterprises have successively issued price adjustment notices, covering core segmented products such as light beads, PCB boards, advertising players, commercial TVs and security equipment. The price adjustment policies for new orders have been gradually implemented since mid-December 2025, and January 1, 2026 has become a concentrated price adjustment node for many enterprises.
