COVID-19 to Spur ‘Strong Decline’ in ‘End-Market’ Smartphone Demand, Says SA
Q1 smartphone panel revenue grew 3% globally, topping $9 billion, reported Strategy Analytics Monday. Samsung Display had a 51.8% revenue share in smartphone panels, followed by BOE (14.3%) and Tianma (8.2%), it said. The smartphone display market has continued demand…
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for premium OLED panels that drove revenue higher, said SA. Demand declined for smartphone LCD panels due to the industry oversupply, it said: “We expect the display panel market to continue to observe a slowdown in smartphone panel demand due to disruptions in supply chains of customers along with a strong decline in demand for end-market products owing to COVID-19 pandemic. We believe that the display panel vendors will continue to differentiate their portfolio with innovative display technologies among customers.”