Smartphones’ Share of OLED Panel Revenue to ‘Slowly Erode,' Says DSCC

Global OLED panel revenue will increase 14% in 2020 to $31.8 billion, and will grow to $51.2 billion by 2025, reported Display Supply Chain Consultants Monday. It expects smartphones to “continue to dominate the revenue picture” for OLED panels, but its share will “slowly erode as other applications pick up,” it said. Smartphones were 81% of OLED panel revenue in 2019, “but we expect that share to decline to 67% in 2025,” it said. TV panel revenue will increase steadily, “as we expect innovation to push OLED TV to continued success in the premium TV space,” said DSCC.