DSCC: Mobile phone OLED screen output will exceed LCD in 2020

by:Kimeery     2021-06-07

DSCC stated that the output of LCD for Samsung mobile phone displays will surpass that of LCD in 2020 and will reach 65% of the market share by 2025.

Looking at the entire display market (mobile phones and TVs and others), DSCC predicts that the output of LCD for Samsung will grow at a compound annual growth rate of 20% by 2025, and the market share of LCD for Samsung It will increase from 5% in 2019 to 14% in 2025.

From the perspective of OLED production, South Korea still leads the way. However, from 2018 to 2022, the market share of Chinese companies will increase significantly, while the share of South Korean companies will drop from 90% to 56%. By 2025, the share of Chinese companies will increase to 43% at a compound annual growth rate of 43%. By 2025, global OLED production will almost focus on China and South Korea.

DSCC also stated that BOE will become the world's largest display manufacturer in 2019. By 2025, LG Display will become the second largest display manufacturer, China Star Optoelectronics will be ranked third, Innolux will be fourth, and Samsung Display will be fifth.

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