IHS estimates that flexible OLED production capacity is set to increase from 1.5 million square meters to 20.1 million square meters between 2016 and 2020. That's a compound annual growth rate of 91%!
IHS says that almost all new small-sized displays OLED capacity added in the future will be used to produce flexible OLEDs, which will grow the market share of flexible OLEDs for mobile applications from 28% today to 80% by 2020. In the years between 2016 to 2020, OLED producers in China, Korea and Japan will build the equivalent of 46 new flexible AMOLED fabs (each with 30,000 monthly substrates).
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Posted: Jul 26,2017 by Ron Mertens
With so much government involvement in the market (the agreement with the government in Meishan, China being one of a horde of examples), it's doubtful the industry could reasonably react if oversupply was imminent, as many of the decisions are being made by politicians and bureaucrats.