DSCC pointed out that although the OLED panel revenue season in the first quarter decreased by 33% to US$5.8 billion, it is expected to be the third and the fourth quarter will recover. (Yonhap)
The report shows that the first quarter of smart phone panels accounted for 88% of the overall OLED revenue, followed by television panels in order by 7%, smart watch panel 2.3%.
Samsung Display accounted for 89% of OLED panel revenue in the quarter, and LG Display accounted for 9.5%. From the demand side, Samsung and Apple accounted for 79% of OLED panel consumption in the quarter.
Looking ahead, DSCC expects smart phones to remain the largest applications of OLEDs. It is expected that shipments will account for 91% in 2022 and revenues will account for 79%.