In 2020, the Output of OLED Mobile Phone Display Will Exceed That of LCD

Throughout the entire display market (mobile phones, TVs and others), DSCC predicts that the output of OLEDs will increase at a CAGR of 20% by 2025, and the market share of OLEDs will increase from 5% in 2019 to 14% in 2025.

In terms of OLED production, South Korea still leads. However, from 2018 to 2022, the market share of Chinese enterprises will increase significantly, while the share of Korean enterprises will decrease from 90% to 56%. By 2025, the share of Chinese enterprises will increase to 43% at a CAGR of 43%. By 2025, global OLED production will almost focus on China and South Korea.

DSCC also said that BOE will become the world's largest display manufacturer in 2019. By 2025, LG display will become the second largest display manufacturer, the third will be Huaxing optoelectronics, the fourth will be qunchuang, and Samsung display will rank fifth.