UBI: sales of 10-inch and larger OLEDs reached 10.29 million units in the first half of 2021

UBI Research estimates that sales of 10" and larger OLEDs (used in tablets, laptops, monitors - and also TVs) reached $2.95 billion in the first half of 2021, up from $1.22 billion a year before. Shipments reached 10.29 million units.

10-inch and larger OLED revenues, (2019H1-2021H1, UBI Research)

In the first half of 2021, 3.4 million OLED TV panels were shipped. The rest of the units (6.89 million) were of displays used in laptops and tablets, mostly.

Read the full story Posted: Sep 23,2021

UBI Research: medium to large OLED panel sales increased 156% in Q1 2021

UBI Research says that the market for medium to large OLED displays (10-inch and up, used in IT and TV applications) has risen 156% in Q1 2021 compared the Q1 2020. Total sales reached $1.45 billion in the quarter.

Medium to large OLED revenues (1Q20-1Q21, UBI Research)

Most of the growth comes from TV and laptop displays. LG Display produced 1.6 million OLED TV panels in the quarter, while sales for laptops reached 1.1 million panels. TV panels accounted for the majority of sales (as average panel price is much higher) - 81.6% of the market.

Read the full story Posted: Jun 08,2021

UBI: the OLED materials market will grow 17% in 2021 to $1.52 billion USD

UBI Research says that the OLED materials market will grow 17% in 2021 to $1.52 billion USD (up from $1.3 billion in 2020).

Korean OLED makers are the main customers for OLED materials, with 74.3% of the total market, while China producers represent 25.7% of the market. Samsung Display is still the leading OLED materials customers with 45.9% of the total market, LGD is second with 28.5% and BOE third with 13.7%.

Read the full story Posted: May 23,2021

UBI says UTG will hold a 80% market share in the foldable OLED cover material market

UBI Research estimates that Ultra-Thin Glass (UTG) will hold a 80% market share in the foldable OLED panel cover material market. The rest of the market will adopt Polyimide films.

UTG vs PI, foldable cover material forecast (2021-2025, UBI Research)

According to UBI, Samsung Display will only use UTG in its future foldable OLED displays. Transparent Polyimide films will be used in budget models, or for displays larger than 10" in size. BOE and CSoT currently use Polyimide films in foldable OLEDs, but both companies are looking to adopt UTG in future displays.

Read the full story Posted: Mar 30,2021

UBI: The OLED market grew only 0.7% in 2020, details revenue by company

UBI Research says that shipments of OLED displays reached 577.88 million in 2020, up 3.7% from 2019. Total OLED revenues in 2020 increased only 0.7% to $32.68 billion as average panel price was lower in 2020 (mostly in the smartphone market).

OLED revenue by company (2011-2020, UBI)

The main growth in the OLED industry in 2020 came from smartwatches and TVs markets. Smartphone and tablet display shipments actually decreased in 2020. In 2020, new market emerged - automotive displays, laptop displays and foldable devices.

Read the full story Posted: Mar 10,2021

UBI sees lower demand for OLED smartphone panels, and price cuts from LGD and SDC

UBI Research says that the COVID-19 pandemic, coupled with US sanctions against Huawei are lowering demand for OLED smartphone panels. UBI estimates that in Q3 2020 113 million OLED smartphone panels were shipped, 17.9% lower than in Q3 2019.

Even though Apple is expanding its OLED adoption, this is not enough to offset the decreased demand from the COVID-19 and Huawei sanctions, and UBI estimates that Q4 2019 will also be lower by around 18% from last year.

Read the full story Posted: Dec 08,2020

UBI: the COVID pandemic decreased demand for OLED smartphone displays, while demand for wearable displays have risen sharply

UBI Research estimates that OLED shipments in the first half of 2020 were 231 million units ($13.2 billion), pretty much the same as in the first half of 2019 (230 million, $13.8 billion). UBI estimates that the COVID-19 pandemic decreased demand for OLED displays.

OLED shipments and revenues (1H19 to 1H20, UBI)

Looking at market segmentation, OLED shipments for smartphones decreased from 200.4 million units to 189.8 million units. Foldable phones increased from 70,000 units to 1.7 million units, and smartwatch display shipments increased sharply from 22 million units in the first half of 2019 to 33.5 million in the first half of 2020.

Read the full story Posted: Oct 19,2020

UBI: rigid OLED smartphone shipments dropped by 40% in Q2 2020

UBI Research estimates that OLED smartphone display shipments reached 87 million units in Q2 2020 (down 23.1% compared to Q2 2019, and down 17% compared to Q1 2020).

OLED smartphone shipments (Q2 2019 - Q2020, UBI research)

The drop in rigid OLED smartphone display shipments was 40.3% from Q2 2019 to Q2 2020 - due to a drop in mid-tier smartphone production in China. Flexible OLED shipments actually rose 38% from last year as you can see in the chart below.

Read the full story Posted: Aug 26,2020

UBI Research: 215 million flexible OLED displays to ship in 2020

UBI Research estimates that Samsung Display's flexible OLED shipments to Chinese device makers will triple in 2020, and will reach 47 million units (up from 15.5 million in 2019). Rigid OLED shipments to China will drop from 135 million in 2019 to 110 million in 2020.

SDC OLED panel shipments to China (2019-2020,UBI)

In total, SDC's flexible OLED panel production will reach 155.5 million in 2020, up 34% from 2019. This follows a couple of years of declining volumes (152 million in 2017, 129 million in 2018 and 116 million in 2019).

Read the full story Posted: Jul 14,2020