Display Industry Suffocating Under ‘Mountain of Inventory’: DSCC
Bloated inventories are a “gale-force headwind” throughout the display industry that will continue to put downward pressure on prices and likely will lead to a “sharp slowdown in industry production” in 2022's second half, reported Display Supply Chain Consultants Monday.…
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Throughout the display value chain, “the surge in demand generated during the pandemic’s early days, combined with shortages and transportation problems, set in motion a path toward building a mountain of inventory,” said DSCC. “Now that the pandemic demand peak has passed, that big mountain needs to be consumed before a normal supply/demand balance can be restored.”