Applied Materials CEO Gary Dickerson, believes that the demand for new features and technologies will keep rising due to fierce competition in the smartphone market.
Dickerson told CNBC’s “Closing Bell” programme that his company is in a good position with its markets getting ‘stronger than ever’ as Applied Materials’ equipment is used to manufacture every chip and advanced display in the world.
OLED displays are used in the Samsung’s Galaxy S7 and S7 Edge and Dickerson believes that other manufacturers of mobile devices will adopt OLED in the future. He also believes that over the next few years there will be 2 billion, or more, of shipments of OLEDs for Applied Materials. Even after two years, he believes that there will be 55% total adoption across all the different types of mobile devices.
Dickerson also said that what he is seeing in the semiconductor and display business, is larger technology inflections than have been seen in decades. He also commented that memory technology and OLEDs are changing in many ways and these technologies will need materials innovations to satisfy the inflections.
