2022-10-06

As Operating Pressures Rise, Panel Manufacturers Enact Strict Production Controls to Balance Supply/Demand, 4Q22 Utilization Rate Forecast to Drop to 60%, Says TrendForce

TrendForce indicates, overall utilization rate of LCD large generational fabs of Gen.5 and above (in terms of wafer starts) slipping to 60% in 4Q22 cannot be ruled out, which would be the lowest level in the past ten years. Sluggish panel demand and the fact that most panel makers have officially turned from profit to loss in 2Q22 are the key factors forcing panel makers to take a more rigorous approach to production control in 2H22. TrendForce states that the timing of purchasing volume adjustment on the part of IT brands lags relatively and its effect of shrinking orders q...
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Veeco Instruments Inc. today announced that a global leader in optical communications laser manufacturing placed orders for multiple Lumina® Metal Organic Chemical Vapor Deposition (MOCVD) systems and multiple Spector® Ion Beam Sputter... READ MORE

Clive Davis, the iconic, award-winning record producer known for launching the careers of Whitney Houston, Bruce Springsteen, Janis Joplin, and more, chose Samsung to help transform his Westchester, New York home theater into a world-class cin... READ MORE