Panel makers forecast to maintain low fab utilization rates in 3Q25 owing to weak year-end market demand, reduced panel orders, and declining prices. Fab utilization forecast for 4Q25 also remains weak, with panel makers planning an average fab utilization rate of 75% in October.
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Display Dynamics – August 2025: Panel makers to maintain low monthly fab utilization of 77–78% in 3Q25, with a further drop expected in 4Q25
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The Analyst Team
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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