Omdia released a report that the capacity utilization rate of global display panel manufacturers in the third quarter of 2022 is expected to fall to 73%, which is a record low for the industry since 2012.
LCD TV display panel prices fell to new lows in June, as TV makers are under pressure to continue to cut display panel demand in the second quarter of 2022, and will Display panel purchase plan.
Omdia said that in June and July 2022, the monthly capacity utilization rate of display panel manufacturers is expected to drop to 70% and 69% of design capacity, respectively, the lowest value in a decade. The last all-time low was 77% in February 2020, when an oversupply led to a softening of the market, and then the outbreak spurred sales.
In addition, Omdia said the quarterly average capacity utilization rate in the second quarter of 2022 is also expected to hit a record low of 77%, and the utilization rate in the third quarter of 2022 is expected to fall further to 73%.
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