What They Say
The Elec has reported data from Omdia that forecasts that shipments of flexible OLED panels will be around 57 million units in Q2, 35% down from Q1. The reduction is a combination of seasonal effects and a further reduction in shipments for the iPhone 12. However, the number is up 54.1% on Q2 2020. Flexible displays will be ahead of rigid OLED shipments at 53 million units.
The report said that
- Samsung should ship 39.1 million units in Q2, down 42.8%, but up 61.6% Yoy
- LG Display is at 10.6 million, down 41.1% QoQ and up 55.9% YoY
- BOE should ship 7.9 million up 5.3% QoQ but down 31.9% down from a year ago.
- Omdia expects CSOT, Visionox and Tianma to ship 3.1 million, 2.1 million, and 1.4 million units in Q2
- CSOT is up 93.8% QoQ because of shipments to Xiaomi
- Samsung Electronics has seen a drop in the Galaxy S series, which uses flexible displays
For 2020 overall, the top suppliers of flexible OLEDs were Samsung at 205.8 million, LG at 57.77 million and BOE at 35.6 million
What We Think
Of course, the ‘hits’ nature of the smartphone business is reflected on the supply chain. (BR)
Flexible OLEDs in Q2 – Data: Omdia Image:Meko
