In its latest forecasts, IHS expects 830,000 OLED TVs to ship in 2016. The market will grow to 1.4 million in 2017 and 5.8 million in 2020. IHS lowered its OLED TV forecasts as it does not see Samsung returning to the OLED TV market, and because of limited mass production capacity.
The previous IHS forecast, made earlier in 2016, predicted 8.5 million OLED TVs in 2020 - so the new forecast is 32% lower.
Confusingly the Business-Korea report says that IHS sees a fast growth of 106% CAGR from 2016 to 2020. But this does not fit the numbers quoted earlier in the report, which represent a lower CAGR of about 50%.
Posted: Jun 23,2016 by Ron Mertens
