Panel makers increased their 2Q24 fab utilization plans, driven by the pull-in demand for TV LCDs and low inventory levels. The downward trend in monthly utilization rates are maintained over concerns about demand decline and inventory rise at the end of 2Q24.
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Display Dynamics – May 2024: Panel makers raised 2Q24 fab utilization plans but retained average monthly utilization rates’ downward trend
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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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