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.
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).