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Company News >> The industry claims that the OLED display market has great potential 5th,Sep,2018
                                        According to South Korea's "Asian Economy" report, the market demand for organic light-emitting diode (OLED) displays is expected to increase further this year, and the production scale will increase by more than 2 times year-on-year.
According to "Displaysearch", an electronics industry and market research organization, the global production of OLED displays for smartphones will reach 176.59 million this year. The number of OLED displays for smart phones reached 43.75 million in 2010, and it increased to 81.32 million last year, showing an explosive growth.
"Displaysearch" predicts that the production scale of OLED displays will reach 2.6122 million next year.
Unlike traditional LCD displays, OLED displays require no backlighting and use very thin organic coatings and glass substrates that self-illuminate when current is passed through. Moreover, OLED displays are lighter and thinner than LCDs, have a larger viewing angle, and can significantly save power.
Depending on the production process, OLED displays are divided into active (AM) and manual (PM) types.
The sales of OLED displays for smart phones will reach $5,933.1 million this year, an increase of 102% year-on-year, and is expected to exceed $8,430.3 million next year.
OLED display can be applied not only to smart phones, but also to IT products such as handheld game consoles, tablet PCs, and digital cameras. The market potential is huge.
This year, the production scale of OLED displays for handheld game consoles is expected to reach 13.65 million, the number of OLEDs for tablet PCs will reach 8.12 million, and the number of digital cameras will reach 3.91 million.
The production scale of OLED displays below 10 inches for IT products including smartphones will reach 242.5 million this year, and sales will exceed US$7.4461 billion, up 128% and 123% respectively.
The reason for this explosive growth is mainly due to the fact that mobile phone manufacturers are beginning to use OLED displays instead of traditional LCD displays.
Chinese mobile phone manufacturer Huawei launched the ultra-thin Android smartphone with OLED display at the 2012 World Mobile Communications Conference (MWC) in Barcelona, ​​Spain. Taiwanese mobile phone company HTC (HTC) also launched a 4.3-inch smartphone with OLED display.
Due to the huge market potential of OLED displays, Samsung mobile phone display sales, which account for 97% of the global market share, are expected to increase significantly this year.

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