Panel makers kept their increased fab utilization plans in 4Q24 and maintained them in January 2025. Strong TV demand is driving high utilization. However, panel makers are still considering a possible demand drop after the pulled-forward demand ends.
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Display Dynamics – February 2025: Panel makers are forecast to maintain around 80% in monthly fab utilizations in 1Q25
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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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