Panel makers' fab utilization rates are forecast to drop from May onward owing to concerns over weak demand in 2Q24. The adjustments in the overall utilization rates are led by three major Chinese panel makers. Panel makers' inventory levels should remain tight in 1H24 owing to utilization adjustments.
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Display Dynamics – April 2024: Panel makers to lower their utilization rates to below 80% in May and June 2024
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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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