IHS says that demand for flexible OLED is sharply increasing and in Q3 2017 the company expects revenues of flexible OLEDs to surpass those of rigid OLEDs for the first time.
Flexible AMOLED revenues in Q3 will reach $3.2 billion while those of rigid (glass-based) OLEDs will reach $3 billion. Flexible AMOLED revenues will continue to climb throughout 2018 and reach about $4.5 billion in Q4 2018. Revenues of rigid OLEDs will actually start declining in 2017, according to IHS - which is a bit of a surprise, even if average panel price will decrease. Rigid OLED shipments is rising even from existing fabs as yields are improving.
For the whole of 2017, IHS sees flexible AMOLED revenue to grow 150% compared to 2016, while rigid OLED revenues will decline by 2% from 2016.