UBI Research (CEO, Yi Choong-Hoon) just published [Quarterly OLED Market Report for Smart Phones]. In the second quarter of 2018, the sales of OLED for smart phones totaled US$ 5.76billion, accounting for 88.9% of the total OLED market.
In the report, the market performance, cost, and investment status of smartphone OLED are analyzed quarterly to provide supply-demand data and market forecast. Understanding the changes in the OLED market for smartphones in the rapidly changing OLED industry can predict the future direction of the OLED market.
The substrate area of the global OLED lines for Smartphone manufacturing for the second quarter was 3.49 Mm2, up 6.4% from 3.27 Mm2 in the first quarter and 30.1% higher than the second quarter of 2017. In 2018, the annual substrate area is to be 14.8 Mm2, a 27% increase from 10.8 Mm2 in 2017.
Through the analysis of the performance in the first and second quarter of 2018, the report predicts OLED market for smartphones to reach US$ 28.5 billion in 2018, up 14.9% compared to US$ 24.2 billion in 2017. According to the report, the operating rate of Samsung Display’s A3 line, which leads the OLED panel market, has gradually risen since the second quarter. Its operating rate is expected to be more than 70% in the third quarter. As such, the display material market, including emitting materials, will continue to grow. In the second quarter, OLED sales of Korean companies amounted to US$ 6.28 billion, accounting for 96.9% of total sales. China, which ranked the second, recorded only 3% share, with the sales of US$ 190 million.