Hardware equipment industryStrategy Analytics

In 2020, the total revenue of global smart phone display panel market will be US $43 billion From Strategy Analytics

The following is the In 2020, the total revenue of global smart phone display panel market will be US $43 billion From Strategy Analytics recommended by recordtrend.com. And this article belongs to the classification: Strategy Analytics, Hardware equipment industry.

According to the report, according to the data of strategy analytics mobile component technology service report, the total revenue of global smart phone display panel Market in 2020 will be US $43 billion.

According to the report, Samsung display has a 50% revenue share in fy2020, taking the lead in the smartphone display market. BOE (15% of revenue) and LG display (8% of revenue) followed closely. In 2020, the top three display panel suppliers account for nearly 73% of the global smartphone display panel market.

With major smartphone manufacturers starting to use OLED displays more and more, smartphone display revenue will grow by 7% year-on-year in 2020, the report said.

“Strong seasonal demand and 5g momentum are driving the growth of the smartphone display panel market,” said Jeffrey Mathews, senior analyst at strategy analytics. In the middle of 2020, manufacturers will release a number of new devices based on flexible OLED and rigid OLED screens, which will promote the revenue growth in the field of smart phone OLED panel. Samsung display achieved record revenue from smart phone panels, which came from its good design and won the support of key devices. With the increasing demand for OLED, Samsung will face challenges from LG, BOE, visionox and TCL csot. “

Stephen Entwistle, vice president of strategic technology practice at strategy analytics, said: “we expect smartphone OEM’s display purchases to remain stable in 2021. At the same time, we also expect LCD displays to lag behind OLED displays in the smartphone display panel market. “

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