AUSTIN, TX - DisplaySearch, a market research and consulting firm specializing in the flat panel display (FPD) market, has applied its detailed, global and comprehensive approach to the OLED display market. Its new Quarterly OLED Shipment and Forecast Report reveals that the number of OLED suppliers grew from six in 2003 to 21 in 2004 and that Samsung SDI was the leader in both shipments and revenues.
At present, OLED technology is finding success in targeting the mobile phone sub-displays, car audio displays, MP3 players, and other applications with passive matrix displays. The DisplaySearch report shows shipments, revenues, and ASPs by application, material type, driver technology and supplier. Total shipments in 2004 were 31.2 million, up 98% over 2003, while revenues were $446.1 million, up 77% (see table). Samsung SDI (Korea) shipped the most OLED displays in 2004 (9.7 million), followed by RiTdisplay of Taiwan (8.2 million).
The report also forecasts shipments, revenues, and ASPs by quarter through Q4’06. In addition to passive matrix OLEDs (PMOLEDs), there are four companies producing active matrix OLEDs (AMOLEDs) although the volumes are low due to the low backplane yields. The technology is expected to overcome low backplane yields and other problems in 2005, which should lead to high volumes in 2006.
In Q4’04, shipments were 7.6 million, up 17% Y/Y and up 30% Q/Q. Revenues were $100.6 million, up 14% Y/Y and up 29% Q/Q. The applications driving revenues were mobile phone subdisplays with a 52% share, MP3 player displays with 28% and car audio displays with 7%. The small molecule material dominates the usage with more than 90% share in Q4’04.
According to DisplaySearch, the report analyzes supply/demand and shows that the fledging industry will be in a heavy over-supply condition for PMOLEDs and documents tight supply conditions for AMOLEDs in 2006. For more information, go to www.displaysearch.com.
