Global display makers’ capacity utilization is expected to drop to 73% in 3Q22; a record low for the sector since 2012 according to the latest forecast from Omdia’s ‘Display Production & Inventory Tracker – June 2022.

LCD TV panel prices have plunged to new lows in June, as TV makers feel the pressure to continue slashing their panel demand for 2Q22 and further downsizing panel purchasing plans for 3Q22. Samsung, has just made the decision to halt procurements from mid-June and avoid a high inventory in the pipeline. This decision will likely ripple across the display industry.

Source: Omdia: Display makers’ capacity usage will drop up to 73% in Q3 2022 | Light Reading