What They Say
Omdia published a press release that highlighted an ‘explosive increase’ in AMOLED display demand in 2021 as the area demand in 2021 is expected to reach 14.2 m² million, a 52.0% year-on-year (YoY) increase over 2020. It expects the CAGR from 2021 to 2028 to be 11.6%.
Smartphone penetration is now greater than 35% in 2021. Omdia estimates that demand for OLED TV displays increased by 63% YoY in 2021 with production in Guangzhou ramping up.
Other IT applications are expected to be next potential markets for AMOLED Omdia said, including notebooks, tablets, and desktop monitors.
What We Think
The forecast by application shows a doubling of ‘other’ applications between 2023 and 2025 and I wonder if that is the possible impact of an OLED iPad? (BR)
