What They Say
Quoting Omdia as the source, the Elec said that display revenue in 2022 is expected to drop 15% year-on-year to US$133.18 billion with LCD revenues falling 32% from $38.3 billion to $25.8 billion, despite an increase in area shipments of 2%. The article quotes the following target TV panel shipment changes:
- BOE – 65.5 million to 60 million
- HKC 49.5 million to 42 million
- CSOT 45 million to 44.8 million
- LG Display 23.5 million to 18 million
- Innolux 34.5 million to 34.6 million
OLED TV panel revenues are expected to grow from $4.8 billlion to $5.4 billion
What We Think
None of this is a surprise to regular readers. (BR)
