TV Market Suffering from Excess Inventory

Published July 18, 2022

Inventories of TV panels have risen to a level rarely seen in recent years. Along with this, the fab utilization rates of FPD manufacturers have fallen to near record lows, and the average LCD fab utilization rate, which reached 90% last year, fell below 75% in June 2022. It is difficult to foresee a recovery in demand while there are ongoing headwinds such as the Russia / Ukraine war and inflation. Therefore, display companies are likely to continue adjusting to lower demand for a while.

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Written by

Yoshio Tamura