UBI Research estimates that Samsung Display will increase its foldable OLED panel production from ~8 million units in 2021 to 18 million panels in 2022. This will enable Samsung Electronics to increase its foldable phone shipments from around 7 million in 2021 to over 14 million in 2022.

Foldable smartphone sales forecast (2021-2025, UBI Research)

As SDC's foldable panel capacity increases, the company will also have to increase is foldable OLED module production capacity, and the UTG glass processing capacity at Dowoo insys. subsidiary.

UBI estimates that SDC holds a 91% of the foldable OLED panel market, which will total 8.9 million panels in 2021. UDC sees the global production of foldable OLED panels reaching 49 million units in 2025.

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