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Friday, 21 Sep 2018

Shipments of flexible AMOLED panels expected to exceed rigid panels by 2020

IHS Markit forecasts demand for smartphones with flexible AMOLED panels to reach 335 million units by 2020 and 52 % of total AMOLED shipments


16 Aug 2018 | Editor

According to IHS Markit shipments of flexible AMOLED panels are expected to reach 335.7 million units by 2020, topping those of rigid AMOLED panels at 315.9 million units. Flexible AMOLED panels are predicted to make up 52.0 percent of total AMOLED panel shipments, up from 38.9 percent in 2018.

Shipments of flexible AMOLED panels are expected to reach 157.6 million units in 2018, more than triple compared to 46.5 million units in 2015, with a compound annual growth rate of 50 percent.

Apple has applied flexible AMOLED panels first in 2017 to the iPhone X. It is expected to launch its second phone with a flexible AMOLED panel, slightly larger than the first one, in 2018. Demand for the new iPhone is expected to contribute to boost the shipments of flexible AMOLED panels.

"Growth in demand for smartphones with flexible AMOLED panels has accelerated since 2016 as demand increased for curved form or full screen displays."


"Major smartphone brands have been promoting flexible AMOLED screens for their premium products, which allow a differentiated form factor from ones with rigid AMOLED and low-temperature polycrystalline silicon (LTPS) liquid crystal display (LCD) panels."


"Another factor is that high-end smartphone brands are now planning to launch foldable applications using flexible AMOLED panels, which is not possible using rigid AMOLED or LTPS LCD panels. Foldable AMOLED panels will be key in changing the demand situation from mobile devices in the foreseeable future."


Jerry Kang, Senior principal analyst of display research 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.

Source: IHS Markit


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