What They Say
DSCC published some extracts from its Quarterly OLED Shipment Report on its blog (registration required). It said that OLED revenues are expected to rise 2% year on year to $42 billion with growth in IT, automotive and TV applications, although smartphones are likely to drop 4% in units and 1% in value for the year. Major brands have reduced their purchasing, the analysts said, but the category will remain the biggest by units and revenue, with 76% of each.
- OLED monitors: 641% Y/Y unit growth and 279% Y/Y revenue growth (to $216 million from $57 million with 34″ QD OLED taking 68% of the category revenue)
- OLED notebooks: 64% Y/Y unit growth and 39% Y/Y revenue growth (to ($940 million from $675 million)
- OLED tablets: 15% Y/Y unit growth and 23% Y/Y revenue growth;
- OLED TVs: 10% Y/Y unit growth and 2% Y/Y revenue growth;
- OLED game platforms: 102% Y/Y unit growth and 97% Y/Y revenue growth;
- OLED automotive: 73% Y/Y unit growth and 68% Y/Y revenue growth;
- OLED AR/VR: although this application has <1% revenue share, this application is expected to have over a 2000% Y/Y revenue as result of renewed development and product efforts by Sony, Meta and others.
The article also looks at the likely results for different makers and sees SDC and LGD remaining dominant. It also looks at smartphone panels by substrate (rigid/flexible/foldable)
What We Think
DSCC is very good at finding positive news in relatively gloomy times! (BR)
Annual OLED Panel Shipments by Application Forecast, 2019-2022
Annual OLED Panel Revenue by Application Forecast, 2019-2022
