The fab utilization rate percentage is forecast to remain in the low 60s in 1Q23. Utilization rates may decline further owing to production setbacks by Chinese panel manufacturers after the Lunar New Year holidays.
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Display Dynamics – February 2023: Panel manufacturers’ fab utilization percentage expected to remain in the low 60s for three quarters
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Alex Kang
Follow AnalystPrincipal Analyst, Display Fab Management & Korea Display
Alex Kang covers LCD and OLED manufacturers' fab, production, and inventory management as well as overall Korea display industry trends.
Alex joined Omdia in 2005 and has carried out multiple projects for players in the display industry as well as government entities. He has led numerous projects, including feasibility studies of investment, marketability forecasts of emerging technologies, establishment of business cluster development strategy, and long-term LCD and OLED market volume and pricing forecasts. This experience has provided him with extensive network capability in the display panel market and in-depth knowledge of the supply chain. Alex received a bachelor’s degree in sociology from Hanyang University in Seoul, Korea.
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