Economic indicators point toward a downturn in the display panel market. Set makers’ panel demand cools faster than consumer demand. The global panel fab utilization rate dipped below 70% in July, the lowest level since 2012.
Display Dynamics – September 2022: Time to shift toward next-generation display technology given cooling consumer demand
The Analyst Team
Ricky Park
Senior Principal Analyst, Display Market Outlook
As part of Omdia’s displays research practice, Ricky Park examines all the major flat panel display (FPD) applications. He analyzes historical shipments and forecast projections, including details from global FPD producers, and provides insights on the many different segments, technologies, features, sizes, resolutions, and prices within the FPD industry.
Ricky joined Omdia (formerly IHS Markit) in 2012 when it acquired Displaybank, where he had worked for 11 years. He has published syndicated reports covering display technologies and has served as project manager of industry feasibility studies for Fortune 500 companies. One of the main developers of Omdia’s displays practice, Ricky applied his unique methodologies, processes, and network capabilities to expand the business into its current form. He has also conducted analytical studies of key markets, specializing in various technologies and applications of the electronics value chain industry. Ricky received his bachelor’s degree in engineering from Hanyang University in Seoul, South Korea.
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