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Wednesday, 19 Dec 2018

Flexible AMOLED market more than tripled to US$12 billion in 2017

IHS Markit the demand for flexible AMOLED panels is not expected to grow as fast as supply capacity in 2018

IHS Markit - AMOLED panel shipment revenue

27 Feb 2018 | Editor

According to IHS Markit shipment revenue of flexible AMOLED displays more than tripled in 2017, accounting for 54.6 percent of total AMOLED panel shipment revenue.

The flexible AMOLED panel market expanded by about 250 percent in 2017 to US$12 billion from US$3.5 billion in 2016, while rigid AMOLED panel shipment revenue contracted by 14 percent during the same period.

  • Samsung Display started supplying its flexible AMOLED displays for the iPhone X in the third quarter of 2017, which greatly contributed to the overall shipment revenue increase
  • LG Display, BOE and Kunshan Govisionox Optoelectronics also started producing flexible AMOLED panels for smartphones and smartwatches in 2017, helping the market growth

According IHS Markit the demand for flexible AMOLED panels is not expected to grow as fast as supply capacity in 2018.

The flat type flexible AMOLED panels accounted for about a half of total flexible AMOLED shipment units in 2017, shifting from the curved type that used to be the major flexible AMOLED display form factor until 2016.

"High-end smartphone brands have increasingly applied flexible AMOLED panels to their products for unique and special design."


"The number of flexible AMOLED panel suppliers is also increasing, but the supplying capacity is still concentrated in Samsung Display."


"As Apple applied the flat type to the iPhone X, the form factor of smartphone displays has diversified."


"In a way to overcome potential oversupply, many panel makers are trying to develop another innovative form factor, such as foldable or rollable, within a few years."


Jerry Kang, senior principal analyst at IHS Markit

www.ihsmarkit.com   


About IHS Markit

IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions.

Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

Source: IHS Markit


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