Earlier this month DSCC announced that it sees low AMOLED fab utilization at SDC, following lower than expected Apple orders. The weaker-than-expected 2018 will move OLED makers to delay and cancel new OLED fab expansion plans.

OLED revenues and  growth (2016-2022, DSCC, revised March 2018)

DSCC now released its updated forecast numbers. The company lowered its outlook for 2018 by 22% and expects total OLED revenues to be $30.3 billion (up 30% from 2017). Looking further ahead to 2022, DSCC sees the market growing at a CAGR of 23% (down from its earlier estimates of 27%). In 2022 the total OLED market will reach $64.3 billion in revenues (down from its earlier estimates of $79.6 billion).

In terms of smartphone panel shipments, DSCC sees 543 million such panels being shipped in 2018 (down from its earlier estimates of 622 million - a 13% reduction). This number still represents a 34% increase from 2017. Most of the reduction will come from flexible OLEDs and not rigid ones, and average selling price of OLED smartphone panels will be $49 in 2018 (down from DSCC's earlier estimates of $56).

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