Panel makers’ annual glass input in 2025 should increase slightly but will show limited increase in fab utilization rates owing to capacity expansion. Aggressive increase in production is unlikely owing to panel makers' production-to-order strategy in 2025.
OM124800
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Display Dynamics – November 2024: Panel makers’ annual average utilization rates are forecast to continue to increase in 2025
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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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