DSCC: OLED revenues to decline 7% in 2023, due to low demand for TV and smartphone panels

DSCC estimates that the OLED market will contract 7% in 2023, by revenues, to reach $38.7 billion. In terms of shipments, there will be a 1% decline from last year.

The two main OLED markets, smartphones and TVs, will both decline - OLED smartphone revenues will decline by 8% in 2023 (shipments will remain the same), while OLED TV panel revenues will drop 15% (12% by shipments).

Read the full story Posted: Mar 28,2023

DSSC sees the foldable OLED smartphone market growing 45% in 2023, with over 35 new models

DSSC says that more smartphone makers will join the foldable phone market in 2023, with 37 new models introduced (up from 19 in 2022) - including new models from Google and OnePlus. DSSC says at least 16 new clamshell phones will be released, at least 20 in-folding type and one new out-folding device.

Looking at foldable smartphone shipments, DSSC says that the market will grow 45% to reach 18.6 million units, as performance increases and price decreases.

Read the full story Posted: Mar 07,2023

DSSC says foldable smartphone shipments dropped in Q4 2022 for the first time, but growth will return in Q2 2023

DSSC says that 3.1 million foldable smartphone shipped in Q4 2022, a drop of 48% compared to the previous quarter (and 26% compared to Q4 2021). This is the first time that the foldable smartphone market contracted.

DSSC says that the market was "overwhelmed by the launch of the iPhone 14 Series". Worsening global economic conditions also reduced demand. In the full year 2022, 12.9 million foldable phone shipped (a 62% increase over 2021), led by Samsung with a 83% market share.

Read the full story Posted: Feb 28,2023

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.

Read the full story Posted: Feb 21,2023

DSCC sees fast growth ahead for automotive OLED displays

DSCC says that even though the display market is facing difficult market conditions, the automotive displays segment is expected to continue growing, and total shipments (both LCDs and OLEDs) are expected to exceed 200 million panels (an average of over 2 displays per car).

OLEDs are still a small percentage of the market (less than 0.5%, in fact), but OLEDs will gradually penetrate high-end applications for flagship models, as OLED makers adopt flexible and tandem-architecture technologies.

Read the full story Posted: Feb 07,2023

Reports suggest Chinese OLED makers are slowing down their capacity expansion plans as fab utilization is low

Reports from Korea suggest that China-based OLED makers have seen lower utilization rates, as demand for OLED displays is smaller than expected, which is leading the companies to slow down their capacity expansion plans.

The capacity of all China-based OLED makers have risen from 20% of the global OLED market in 2019, to around 40% in 2022. But growth ahead will be slower, and by 2027, the market share of China-based makers will reach 45% of the global market. This data is from DSCC.

Read the full story Posted: Dec 27,2022

DSCC sees OLED microdisplays dominating the VR display market by 2023

DSCC says that 2022 was a disappointing year for VR, as the market did not grow as expected - although it still expects the market to grow quickly in the near future. DSCC sees $942 million in display panel revenues in 2022, growing to $7.3 billion by 2027 (a CAGR of 50.7%).

DSSC sees OLED microdisplays (OLED on Silicon, or SiOLED) leading the market from 2023 onwards, as producers start using these displays in VR headsets - including Apple's upcoming VR headset that will be based on dual 4K OLED microdisplays (in addition to an AMOLED display). Apple's VR headset is expected to be released in 2023.

Read the full story Posted: Dec 06,2022

DSCC: large-area OLED equipment sales to drop to zero in 2023, but resume in 2024 mostly for CSoT's inkjet printing panels

DSCC says that spending on equipment for the production of large area OLED panels (used in TVs and monitors) have decreased from $3 billion in 2019 to $2.05 billion in 2020, $1.47 billion in 2021 and will drop further to $1.42 billion in 2022.

LG B2 OLED TV photo

DSCC estimates that in 2023, the spending on such equipment will be zero. But OLED producers will resume buying large OLED equipment in 2024. Spending in 2024 will amount $2.01 billion, and in 2025 - $1.51 billion.

Read the full story Posted: Sep 26,2022

DSCC: OLED panels shipments declined 3% in Q2 2022, but revenues increased 12%

DSCC says that in Q2 2022, OLED panel revenues increased 12% compared to Q2 2021, while shipment units declined 3%. Fewer OLEDs were shipped, but revenues increased as we've seen an increased growth in high value panels (gaming, monitors, laptops, automotive, etc) and also an improved form factor adoption in smartphones.

OLED panel revenues and growth (2020Q2-2022Q2, DSCC)

In Q2 2022, smartphones remained the largest OLED application with a 76% unit and revenue share. OLED smartwatches had a 16% unit share (and a 6% revenue share), and OLED TVs had a 11% revenue share (up from 8% in Q1 2022).

Read the full story Posted: Aug 16,2022