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2025-04-06 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >
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Shulou(Shulou.com)11/24 Report--
CTOnews.com, February 1, DSCC Research and Consulting released its latest report today that the slowdown in panel factory capacity utilization since the second quarter of 2022 has bottomed out, but the recovery rate in the first half of 2023 is slower than previous feedback.
In the second half of 2022, excess inventories have been reduced due to lower farming rates, but are still at a high level, which also hinders the rapid recovery of the industry, the report said. After a 20 per cent decline in the third quarter of 2022, total investment in glass substrates by all display manufacturers in the fourth quarter of 2022 was 67.8 million square meters, up 3 per cent from a month earlier, but down 21 per cent from a year earlier.
CTOnews.com learned that in the current first quarter of 2023, due to the impact of the Spring Festival holiday, DSCC expects the total investment in glass substrates to drop by 2%, down 25% from the same period last year to 66.4 million square meters.
In addition, with the closure of SDC's T8 plant and LGD's P5 and P7 plants in 2022, LCD capacity structure has decisively shifted to the Chinese region. In the second half of 2022, capacity utilization slowed sharply in each of the top seven panel factories, which basically accounted for more than 90% of all LCD capacity in the world.
Compared with large-size panels, the decline in small and medium-sized industries continues, seemingly bottoming out in the first quarter of 2023. Rigid OLED has experienced a serious slowdown because the product structure adjustment caused by price factors has a great impact on the demand for rigid OLED panels. Flexible OLED continues to fight overcapacity, while LTPS LCD struggles with generally slowing demand in the smartphone market.
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