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South Korea's major panel makers LG Display (LGD) and Samsung Display (SDC) have seen their OLED panel capacity utilization rising significantly since February on strong order momentum for TV applications.
Commenting on today's announcements, Carlalberto Guglielminotti, CEO of NHOA Group, said: "NHOA Group started 2023 with an accelerated growth momentum and posted an excellent first quarter, with double
OSAT ASE Technology (ASE) anticipates a return to 80% plant utilization in the second half of 2023, up from 60% in the first half of the year. After the third quarter, the business will be back on track.
Win Semiconductors has reported that its utilization rates dropped to about 20% in the first quarter of 2023 as a result of inventory correction in the handset supply chain and seasonal impacts, but expects sales growth in the second quarter.
Leading Taiwan-based OSATs including Powertech Technology (PTI) and ASE Group are reducing prices amid ongoing cost pressures, according to industry sources.