AMOLED's rapid rise in LCD shipments will continue to decline

Due to the rise of AMOLED technology, Samsung Display, LG Display, and Japan Display (JDI) have significantly reduced the production capacity of small-to-medium-sized TFT LCDs from 2015 to AMOLED production capacity. The use of tablet PCs has gradually shifted from 9 to 13 inches. Therefore, since 2016, shipments of small and medium-sized TFT LCDs in the world will decline year by year.

DIGITIMES Research estimates that by 2021, global shipments of small and medium-sized TFT LCD panels will total 2.19 billion units, compared to 2.65 billion units in 2017, and the compound annual growth rate (CAGR) will be -4.6%.

AMOLED's advantages in color gamut
Mobile phone applications are most affected by AMOLED. Although the overall handset panel shipments will grow from 2.55 billion in 2017 to 2.76 billion in 2021, CAGR is 2.0%, but the AMOLED panel penetration rate will increase from 17.7% in 2017 to 2021. The 40.9% year-on-year decrease in shipments of TFT LCDs for mobile phones is expected to be -6.1% from 2017 to 2021, especially in 2019, as new international AMOLED production capacity is gradually in place, plus Apple (Apple) is expected to adopt AMOLED panels in an all-round way, and shipments of TFT LCDs for mobile phones may drop steeply by 13.6% from 2018.


AMOLED can achieve self-luminescence compared with LCD
Another thing worth noting is the rise of the mainland industry. With the mainland smart phone brands gradually gaining a firm foothold in the world, Huawei, Oppo, and other manufacturers have moved into the world's top five shipments. This has also led to the emergence of smart phone panels from mainland panel makers. The volume of shipments continued to increase, and TFT LCD shipments from land-based handsets in 2016 or 2017 are expected to exceed those of Taiwan. However, as Taiwan plants still have advantages in industrial control, automotive, and other consumer electronics products, the total shipments of small and medium-size TFT LCDs from land plants will need to exceed 2020 by 2020.

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