UBI Research of Korea has forecast that the market for emitting materials will expand from $960 million to over $3.3 billion by 2021 as OLED continues to take share in the smartphone and TV markets. The company highlighted that the number of companies showing OLED-based smartphones at the MWC show in Barcelona was just four in 2014, rising to five in 2015, twelve in 2016 and thirteen in 2017.
According to Hyun Jun Jang, senior researcher, Apple’s AMOLED emitting material demand is expected to account for $560 million of $3.36 billion of total emitting material market, and Korea will capture 70% as it is leading the AMOLED panel market while creating a $2.38 billion-dollar market in the country.
UBI Expects Apple to account for over $0.5 billion of OLED Emitting materials. Data:UBI, Image:Meko
