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Biz News Korea(Eng)
Small-to-mid display Q1 sales hit all-time high on OLED growth
- Collected
- 2017.06.29
- Distributed
- 2017.06.30
- Source
- Go Direct
According to global market research firm IHS Markit on Thursday, sales of 9-inch and smaller displays - OLED and liquid crystal display (LCD) panels used mostly in smartphones - in the first quarter ended March this year soared 35 percent to $13 billion from $9.6 billion in the same quarter last year. Both the sales record and growth are quarterly record and rare given the fact that the first quarter is typically a slow season.
By sector, sales of smartphone displays amounted to $9.9 billion, accounting for a lion’s share of 76.2 percent in the small-to-mid sized panel market. This is slightly lower than the $10 billion sales recorded in the year-end peak season of the fourth quarter of 2016, but up by 41 percent from the same period last year at $7 billion.
South Korea’s Samsung Display Co., the largest vendor in small- and medium-sized OLED panels, jumped to the top place in the category with sales of its small-to-mid sized panels reaching $3.5 billion and making up a dominant 27.2 percent market share.
Japan Display followed with a share of 17.8 percent ($2.3 billion) and LG Display with 12.2 percent ($1.6 billion). They were trailed by BOE and Sharp at 8.9 percent and 7.2 percent, respectively.
In terms of shipments, Samsung Display again ranked first with a 14.1 percent share, followed by China’s BOE (13.4 percent) and Tianma (9.8 percent).
By Kim Dong-eun
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]