IHS: Mobile OLED shipments to double by 2017 and reach 455 million units

Last week IHS said that OLED display penetration rate in mobile phones will grow from 13% in 2015 to 34% in 2021, mostly due to the adoption of OLEDs by China-based phone makers (I would assume Apple's OLED iPhones will also help).

Samsung Galaxy A9 photo

IHS now releases some more details on their mobile OLED market forecast. IHS says that mobile OLED shipments, which totaled 257 million panels in 2015 will almost double by 2017 - to reach 455 million units. Shipments in 2016 will reach 367 million panels.

Global LCD shipments will decrease from 1.58 billion in 2016 to 1.36 billion in 2020.

Posted: Jul 25,2016 by Ron Mertens