-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueCounterfeit Concerns
The distribution of counterfeit parts has become much more sophisticated in the past decade, and there's no reason to believe that trend is going to be stopping any time soon. What might crop up in the near future?
Solder Printing
In this issue, we turn a discerning eye to solder paste printing. As apertures shrink, and the requirement for multiple thicknesses of paste on the same board becomes more commonplace, consistently and accurately applying paste becomes ever more challenging.
A Culture of Thriving
One cannot simply command thriving; it must be nurtured, developed, and encouraged. In this issue, we explore strategies to improve your working relationship model—both internally and externally. In this culture of thriving, your business will grow in the process.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
AMOLED Panels Become Mainstream Display for Smartphones, with Shipments Set to Grow by Nearly 25% in 2024
September 6, 2024 | TrendForceEstimated reading time: 1 minute
TrendForce’s latest projections show global shipments of AMOLED smartphone panels are anticipated to surpass 840 million units in 2024, reflecting a remarkable growth of almost 25% from 2023. With leading smartphone manufacturers increasingly embracing AMOLED technology, shipments are predicted to surpass 870 million units in 2025, representing a YoY increase of 3.2%.
Traditionally, Korean panel makers have dominated the AMOLED panel supply chain. However, in recent years, Chinese suppliers have ramped up their production of flexible AMOLED panels, ensuring a consistent supply to cater to surging market demand. Additionally, these Chinese companies have been forging partnerships with smartphone brands, which has led to a notable increase in AMOLED panel usage in smartphones, rising from 51% in 2023 to 56.9% in 2024. TrendForce posits this penetration rate is expected to grow by 2% to 3% each year—potentially reaching 68% by 2028—thereby establishing AMOLED panels as the standard display in the smartphone industry.
Korean panel makers mainly cater to Apple and Samsung, with their shipments to other brands declining annually, primarily offering limited quantities of rigid AMOLED panels. On the other hand, Chinese panel makers have experienced a consistent rise in AMOLED panel shipments. BOE has emerged as the top supplier of AMOLED smartphone panels in China, with projections indicating shipments will reach approximately 130 million units this year.
Alongside strong partnerships with local smartphone brands, BOE has been progressively increasing its shipments to Apple, having successfully passed the validation process for the upcoming iPhone 16 series in 2024 and is gearing up for mass production as planned. This achievement highlights that after years of development, BOE's products and technology are slowly earning recognition from major international brands like Apple, potentially opening doors for greater inclusion in Apple's future offerings.
TrendForce points out that other manufacturers of AMOLED smartphone panels are experiencing swift growth. Thanks to robust sales of Huawei's latest models in 2024, Visionox is projected to achieve shipments of 80 million units. Furthermore, both TIANMA and CSOT have begun to ramp up their AMOLED smartphone panel shipments this year, with a strong possibility of exceeding their past records.
It is anticipated that Chinese panel makers will represent 47.9% of global AMOLED smartphone panel shipments in 2024. By 2025, their total shipments are predicted to exceed those of their Korean counterparts, achieving a projected global market share of 50.2%.
Suggested Items
Pulsonix Version 13 Extends MCAD Integration with the IDX Collaboration Interface
10/11/2024 | PulsonixPulsonix, the Electronic Design Automation (EDA) company delivering technology-leading PCB design solutions, today announces the 2024 release of Pulsonix - Version 13.0.
OE-A Business Climate Survey: 2024 Slowdown, 2025 Set to Shine
10/10/2024 | OE-AThe survey predicts revenue growth of +7 percent for 2024, a significant decrease from the previous survey (March 2024: 13 percent). However, optimism remains high for 2025, with a forecast growth of 19 percent.
SMTA Releases New Online Training Course on Design of Experiments
10/10/2024 | SMTAThe SMTA announced that a new 101-level online training course, “DOE 101: Design of Experiments,” is now available in the training section of the SMTA website.
FTG Announces Q3 2024 Financial Results; Revenues Up 18%
10/10/2024 | Firan Technology Group CorporationFTG's sales increased by $6.5M, or 17.7%, from $36.6M in Q3 2023 to $43.1M in Q3 2024. The revenue increase in Q3 2024 was driven by organic growth, including an increase in Simulator products sales of $1.2M, and favourable foreign exchange rates. Year-to-date, sales have increased by $21.6M, or 22.7%, compared to year-to-date 2023.
Confidee Continues to Strengthen Defense Supply Chains Through AS9120 Certification Compliance
10/10/2024 | CONFIDEEThe AS9120 certification is a quality management standard specifically designed for distributors in aviation, space and defence. It helps recognize the regulatory requirements on QMS processes, for the prevention of counterfeit and suspected unapproved parts, both in the production and aftermarket environments.