Omdia: LTPO-AMOLED to dominate growth in sluggish smartphone display market - Yahoo Finance

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LONDON, Nov. 17, 2022 /PRNewswire/ -- Omdia's latest Smartphone show marketplace tracker indicates that LTPO-AMOLED for smartphones volition turn by 94% year-on-year (YoY) by the extremity of 2022 and volition support maturation levels of 25% YoY successful 2023 successful sluggish smartphone show market.

2021-2023 smartphone show  shipment forecast by technology

2021-2023 smartphone show shipment forecast by technology

In 2022, Smartphone show request is decreasing to 1,425 cardinal that autumn by 18% YoY owed to the absorption to the excessive procurement of show successful 2021 successful anticipation of a post-COVID-19 marketplace recovery, and the cooling of depletion successful planetary ostentation .

In the smartphone show market, Low-Temperature-Polycrystalline-Oxide AMOLED with Flexible substrate (LTPO-AMOLED (Flexible) is expected importantly summation to 148 million, turn 94% YoY successful 2022 portion full (Rigid & Flexible substrate) Low-Temperature-Polycrystalline-Silicon (LTPS) AMOLED to diminution to 440 cardinal (down 19% YoY) and full TFT LCD to diminution 836 cardinal (down 26% YoY).

According to Hiroshi Hayase, Research Manager in Omdia's Display probe practice, "Strong request for the iPhone14 Pro-series, which uses low-power depletion LTPO-AMOLED and offers added worth of longer artillery beingness and Always-On-Display, lend to the important maturation of LTPO-AMOLED shipments."

The maturation successful shipments of LTPO-AMOLED, which is highly hard for mass-production technology, has somewhat widened the spread betwixt technical-leading Korean makers and chasing Chinese makers. In presumption of wide smartphone show gross successful 2021 and 2022, Samsung ranked first, BOE second, and LG Display third. The gross stock of full Korean makers is expected to summation from 58% successful 2021 to 64% successful 2022, portion the stock of full Chinese makers is expected to widen from 33% successful 2021 to 29% successful 2022.

The smartphone show marketplace is expected to summation somewhat to 1,462 cardinal (grow 3% YoY) successful 2023. Total TFT LCD shipment levels astatine 816 cardinal (down 2% YoY) and full LTPS-AMOLED is expected to summation to 460 cardinal (grow 4% YoY), portion lone LTPO-AMOLED is expected to bask shipment maturation of 186 cardinal and 25% maturation YoY.

"Because of the pugnacious economical situation, consumers are choosing high-value products carefully. The worth of low-power depletion by LTPO-AMOLED brings to smartphones volition proceed to thrust request successful the smartphone show marketplace crossed 2023" concludes Hiroshi Hayase.

ABOUT OMDIA

Omdia, portion of Informa Tech, is simply a exertion probe and advisory group. Our heavy cognition of tech markets combined with our actionable insights empower organizations to marque astute maturation decisions.  Fasiha Khan / T: +44 7503 666806 / E: Fasiha.khan@informa.com / W: www.omdia.com

SOURCE Omdia

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