Apple gives AMOLED emitting material market a boost

May 19, 2017 // By Julien Happich
In a recent note on the AMOLED emitting material market, analysts from UBI Research observed that following the success of Galaxy S Series using AMOLED and Apple’s recent adoption of flexible AMOLEDs for its iPhone display, resulted in the spike in AMOLED demand from Chinese smartphone companies.

At MWC2017, 13 companies showcased AMOLED-based smartphones, up from 4 three years ago. The companies whose market share is expanding in China, the world’s biggest smartphone market, such as Huawei, Oppo, Vivo, Xiaomi, and ZTE are active to adopt AMOLED smartphone. With this market trend, the emitting material market for AMOLED is expected to reach $960 million in 2017.

Hyun Jun Jang, senior researcher of UBI Research forecast this market will increase to $3.6 billion in 2021. According to Hyun Jun Jang, senior researcher, Apple’s AMOLED emitting material market is expected to account for $560 million among $3.6 billion of the total emitting material market, and Korea will capture 70% as it is leading the AMOLED panel market while creating a 2.38 billion-dollar market.

UBI Research - www.ubiresearch.com