DSCC says demand for smartphone and TV OLED displays will decline by 24% in the next quarter

DSCC says that OLED panel revenues were $12.6 billion in Q4 2022, down 3% from Q4 2021. Shipments declined by 7% compared to last year.

For the full year 2022, revenues reached $41.7 billion, a 1% decrease from 2021. AMOLED for smartphones shipments (units) decreased by 1%, while OLED TV panel shipments decreased by 9%. Some OLED segments grew in 2022 - AR/RV, automotive, monitors, and tablets.

DSCC says taht OLED shipments will continue to decline in the next quarter - or actually drop 24% from last year to reach $7.5 billion, following a significant decline in demand for TVs and smartphones. DSCC expects panel revenues for OLED smartphones to decline 21% from last year and OLED TVs to decline 39%.

Looking at OLED producers, DSCC says Samsung Display is still the leading company, but its market share dropped to 58% in Q4 2022. The next largest producers are LG Display and BOE. All three enjoyed stronger sales for Apple and other phone makers.

Posted: Feb 21,2023 by Ron Mertens