This year¡¯s global OLED(organic light emitting diode) display market is highly likely to achieve 2.5-fold growth, following last year¡¯s steep 2.4-fold growth. According to the Korea Display Industry Association(KDIA), the OLED display market
was gauged at $ 3.74 billion last year, which is 2.4 times the market size logged the year before($1.57 billion).
The growth was mostly witnessed in the active matrix(AM) OLED market, a popular display product for smartphones and smaller devices, which grew 2.7 fold from $ 1.25 billion to $ 3.36 billion last year. The passive matrix(PM) OLED market also made small advances from $ 320 million to $ 342 million.
This year, the AM OLED market will expand 2.5 times the current size to $ 8.18 million, while the PM OLED market grows to $ 380 million, forecasted market researcher DisplaySearch.
OLED is swiftly rising as a popular alternative to LCD displays. As evidence, the LCD market has been shrinking rapidly since the advent of OLED displays, contracting 6.3 percent from 2010¡¯s $107.86 billion to $101.03 billion last year.
South Korea¡¯s OLED production logged $869 million in 2010, and grew 2.6 times to $ 2.28 billion last year. This amounts to 61.5 percent of total global output of OLED supplies. On the other hand, Korean production of LCDs dropped to $ 31.67 billion
from $ 34.97 billion. Korean exports of OLED made an acute rise from 2010¡¯s $ 661 million to $ 1.78 billion last year.
An industrial expert says ¡°The promising outlook on OLED is what drove Korea¡¯s leading display maker Samsung Electronics to separate its LCD unit and pursue a merger with its affiliate Samsung Mobile Display.¡±
|