Omdia reports global display panel average fab utilization rate is expected to drop to 80% in October
According to 36Kr, Omdia's latest Display Panel Production and Inventory Tracking indicates global display panel fab utilization is expected to fall to 80% in October, down 3 percentage points from September. Storage price increases are raising end-device prices and pressuring IT panel demand, with July IT panel production exceeding shipments and inventory pressure rising as manufacturers become more cautious about production to curb price declines.
Key facts
- 01Global display panel fab utilization expected to drop to 80% in October, down 3 percentage points MoM
- 02Storage price increases are pushing up end-device prices and pressuring IT panel demand
- 03In IT panels, mobile PC display shipments are weak and July panel production exceeded shipments, increasing inventory pressure
- 04Manufacturers are expected to adopt more cautious production strategies to curb further panel price declines
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