According to Digitimes Research Samsung Display and LG Display, in order to put pressure on competitors, are focusing on AMOLED panels and are expected to continue expansion of their respective AMOLED production capacities, with combined AMOLED capacity to increase at a CAGR of 33.1% during 2015-2019.
According to the analysis the two companies' combined annual capacity for AMOLED panels will increase from 6.093 million square meters in 2015 to 19.1 million square meters in 2019.
If broken down by generation, combined annual AMOLED capacity at Gen-8 and above factories will increase from 1.815 million m2 in 2015 to 7.079 million m2 in 2019, and at Gen-4.5 and Gen-6 factories from 4.278 million m2 to 12.021 million m2.
Demand for smartphone-use AMOLED panels from Samsung Electronics and Apple alone in 2019 will exceed 420 million units.
The total units ship will be higher as in addition to smartphones, AMOLED panels will be used in tablets, automotive displays and TVs.