OLED Panel Market For Mobile Phones Will Exceed LCD Panels In 2019

- Jan 26, 2020-

Apple iPhone X uses AMOLED screens, coupled with the introduction of AMOLED TVs by multiple TV manufacturers, the market research agency Fuji Chimera Research estimates that the global AMOLED panel market size will reach 4.61 trillion yen (about 41.36 billion US dollars) in 2022, about Triple the number in 2016.

At present, the AMOLED market is monopolized by Korean factories. AUO mainly sells wearable devices such as smart watches. Innolux OLED screens will be shipped from the end of this year to next year, and they will also be based on wearable devices.

According to the report, OLED panels for mobile phones and LCD panels will face intersections in 2019, and the market size of OLED panels will reach 26.3 billion U.S. dollars, exceeding the LCD output value of 21.7 billion U.S. dollars.

Apple iPhoneX uses organic light-emitting diode (OLED) panels. At present, Samsung Display, the sole supplier, seems to have intentionally raised the price and limited supply, which will help LG Display to become the second supplier. In addition to Korean factory LGD (LGD), Luchang Tianma Micro, BOE and Taiwan's Hon Hai Group are willing to supply OLED panels for Apple mobile phones; LGD is the most promising supplier of Apple OLED panels.