Panel Maker Q4 Earnings Preview

Published January 23, 2023

In the next few weeks, we will see the Q4’22 earnings announcements for flat panel display makers, starting with LG Display on Friday, January 27th. The industry was clearly on a downward trend in the first three quarters of 2022, and we will look for signs that the worst is over and the industry can start to recover. Panel prices ended their long decline in September 2022 and rebounded slightly in the fourth quarter, but demand was still weak. Panel makers slowed their utilization in the third quarter in a bid to reverse the industry oversupply, and this continued into the fourth quarter. We expect that mot panel makers will report another quarter of operating losses.

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Written by

Bob O'Brien