What They Say
DSCC published a blog article with extracts from its latest OLED shipment report and said that OLED panel revenues increased 12% Y/Y on 3% Y/Y unit declines as a result of form factor mix changes for smartphones and Y/Y growth for automotive, game, notebook PCs, monitors, tablets and AR/VR in Q2’22.
By OLED application:
- Automotive increased 55% Y/Y in units and 33% Y/Y in revenue;
- Game platforms increased 314% Y/Y in units and 302% Y/Y in revenue;
- Monitors increased 354% Y/Y in units and 142% Y/Y in revenue;
- Notebook PCs increased 22% Y/Y in units and decreased 4% Y/Y in revenue;
- Tablets increased 61% Y/Y in units and 65% Y/Y in revenue;
- Smartphones decreased 3% Y/Y in units and increased 17% Y/Y in revenue;
- Smartwatches decreased 19% Y/Y in units and decreased 11% Y/Y in revenue;
- TVs decreased 5% Y/Y in units and decreased 13% Y/Y in revenue.
The article also covers the new products and segments that have helped the growth areas. In addition to the new products, blended panel ASPs were higher in Q2’22 for smartphones, smartwatches, tablets and AR/VR applications.
Samsung remains the giant of the business (see chart below) and the article digs into the detail by application and by brand.
The article also covers smartphone panel procurement (Apple and Samsung slightly down in share, Vivo slightly up)
What We Think
Amid the gloom from the TV and LCD markets, the growth in some OLED applications is welcome. (BR)
