DSCC has lowered its OLED equipment spending estimate and forecast. DSCC is saying this is due to low OLED utilization rates in China's lower-tiered producers, delays in OLED TV production plans in China as companies are focusing on LCDs due to increase demand - and also new technologies such as mini-LEDs.

AMOLED equipment spending (2016-2025, DSCC)

DSCC sees OLED equipment spending falling in 2021, 2022 and 2023, and surging back in 2025. Total 2020-2025 OLED equipment spending on an install basis is expected to to be $49 billion.

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