As the price of small and medium-sized AMOLED panels is gradually flat or even lower than LCD, and Apple is determined to use AMOLED screens on the iPhone in the future, the whole small and medium-sized AMOLED panel industry is about to usher in a big explosion.
AMOLED panel ushers in an explosion: the annual growth rate will reach 30% (picture from google)
According to the latest research report released by the famous trading company TrendForce's WitsView Optoelectronics Division, the global small and medium-sized AMOLED panel production capacity is expected to reach 5.9 million square meters in 2016, an increase of 16.5% compared with last year; and by 2019, small and medium-sized AMOLED panels Production capacity will reach 14.4 million square meters. The annual comprehensive growth rate from 2015 to 2019 will be as high as 30%.
Samsung Display will undoubtedly benefit the most. Together with LG Display, Korean panel makers will account for 93% of the total small and medium-sized AMOLED panel capacity in 2016. However, as Japanese and Chinese panel makers gradually put into production, the proportion of Korean manufacturers will fall to 71% in 2019. It is worth mentioning that the WitsView report mentioned that by 2019, China's panel makers' production capacity is expected to reach 19%.
In addition, WitsView also said in the report that the flexible bendable AMOLED panels have been increasingly sought after by mobile phone manufacturers. By 2019, flexible AMOLED panels will account for 61% of the total small and medium size AMOLED panel capacity.
