Gadgets

Samsung Display Increases Smartphone Display Market Lead in H1 2022

Samsung Display Increases Smartphone Display Market Lead in H1 2022

Samsung Display Increases Smartphone Display Market Lead in H1 2022

LCD Demand Collapse

BOSTON, October 17, 2022—(BUSINESS WIRE)–According to a report by Strategy Analytics Handset Component Technologies, “Smartphone Display Panel Market Share Q2 2022: LCD Panel Revenue Decline“, the global smartphone display market registered revenue of $20 billion in the first half of 2022.

This press release contains multimedia. See the full release here: https://www.businesswire.com/news/home/20221017005333/en/

Samsung Display Increases Smartphone Display Market Lead in H1 2022

Smartphone Display Panel Market 1H 2022; Source: Strategy Analytics’ Handset Component Technologies Service (Photo: Business Wire)

The report finds that the smartphone display panel market saw a 5 percent year-over-year revenue decline in the first half of 2022. The market continues to lead Samsung Display with a 53 percent share of revenue follows BOE Technology with 15 percent and Tianma Microelectronics up from 8 percent in the first half of 2022. The top three display panel manufacturers accounted for nearly 76 percent of the revenue share of the global smartphone display market during the period.

Jeffrey Mathewssenior analyst in Strategy Analytics commented: “The smartphone display panel market has been held back by declining demand for LCD panels, while OLED adoption has expanded to mid-range smartphones to allow OEMs to gain momentum. Display vendors have seen growing demand for flexible OLED panels with high refresh rate specifications driving OLED growth over the period. Samsung Display has been in a strong position to benefit from customer demand, enabling a strong string of design wins for its OLED panels. BOE, TCL CSOT and Tianma increased its OLED production and won orders to supply OLED panels to leading smartphone brands in the first half of 2022.”

Stephen Entwistle, Vice President of Strategic Technologies Practice at Strategy Analytics noted, “We expect OLED panels to continue and drive market growth enabled by stronger competition from display suppliers and increased panel yields for OLED displays. LCD panels are expected to be oversupplied, leading to further price declines. Weak macroeconomic sentiments represent a strong risk to the overall growth outlook of the smartphone display market.”

Source: Strategy Analytics, Inc.

#SA_Components

About strategic analytics

Strategy Analytics, Inc. is a global leader in supporting companies through their planning lifecycle through a range of customized market research solutions. Our multidisciplinary capabilities include industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer device tracking and business consulting competencies. With expertise in smart devices, connected cars, smart home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning needs. For more information, visit us at www.strategyanalytics.com.

For more information on strategic analytics

Service name: Handset Component Technologies

See the original version on businesswire.com: https://www.businesswire.com/news/home/20221017005333/en/

Contacts

Report:
Author: Jeffrey Mathews, +44 (0)1908 423 615, [email protected]
European contact: Stephen Entwistle, +44 (0)1908 423 636, [email protected]
US Contact: Christopher Taylor, +1 617 614 0706, [email protected]



#Samsung #Display #Increases #Smartphone #Display #Market #Lead

مقالات ذات صلة

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *

زر الذهاب إلى الأعلى
سيتات آورج 2022 سيتات آورج 2022