63.1 million OLED displays were shipped worldwide in Q2’15, according to The OLED Association (OLED-A), up 7% QoQ and 28% YoY. 91% of these shipments were for smartphones, followed by wearables (7%) and small tablets (1%). According to OLED-A, the yearly improvement was due to rising smartphone sales – particularly of Samsung’s Galaxy S6 models.
Revenues from OLED displays reached $3.1 billion: a 15% QoQ and 12% YoY increase. Total revenues in the first half of the year were $5.76 billion. Revenues of $12.5 billion are projected for the year as a whole: up 40.4% YoY, due to ‘a resurgence in smartphones and the true beginning of OLED TV sales’.
Application revenue is now beginning to diversify, since being dominated by smartphones (averaging 95% of revenues) since 2007. OLED-A expects smartphone revenue share to fall to 80% in the second half of 2015, as TVs become more important.
