Dec 29, 2016: Shipments of organic light-emitting diode (OLED) displays for smartphones are likely to double to 450 million units in 2017 as against 250 million units in 2015, according to an estimate by market research firm, IHS. At present, nearly 97% of the market is dominated by Samsung Display, which is the display-manufacturing division of Samsung Electronics. The OLED shipment for 2016 is more than likely to increase by 42.7 %to 366.9 million panels as against 2015, IHS said.
Smartphone OLED shipments to reach 450 million units in 2017
Samsung has extended the OLED implementation for its mobiles ranging from its flagship S series to more reasonable budget smartphones. On the other hand, its archenemy Apple has been depending on liquid-crystal display for a long period of time. However, of late Chinese smartphone makers are progressively adopting OLED display. Among other things, Apple iPhone is also likely to use OLED screen probably from 2017, IHS reported.
OLED iPhone would speed up the OLED adoption among other smartphone-makers as awhole, according to industry experts. Meanwhile, IHS forecasted that LCD shipments for smartphones would continue to diminish from 2016’s 1.58 billion units to 1.36 billion units in 2020.