UBI Research forecasts that in 2025, shipments of smartphone OLED panels produced in China (regular and foldable) will surpass the shipments of panels made in Korea. UBI says that the growth of Chinese OLED makers will be driven by the large domestic market, government support, lower-cost production and improvement in production quality.
UBI estimates that Korean OLED makers will retain their quality lead over Chinese companies, and will be able to generate higher revenues, even with lower shipments - but in 2028, the revenues of China-based OLED makers will also surpass Korea's OLED revenues.
Posted: Aug 30,2023 by Ron Mertens
