Meanwhile, smartphone panel growth paused as the industry absorbed excess inventory built in 2017. OLED smartphone panel growth will resume in the second half of the year with 47 percent area growth forecast for the last six months of the year in this segment.
The report covers OLED shipments for 11 applications, eight panel makers, and screen sizes up to 77 inches. The latest release added a two-quarter forecast in the history version with an additional four quarters and four years in the forecast version.
The report also covers OLED fab utilization by month for all OLED fabs in mass production and a two-month fab utilization forecast. Furthermore, the report shows expanded detail of smartphone panel shipments by brand and model as well as 32 separate smartphones with panels supplied by Samsung Display.
“OLED smartphone panel shipments will surge in the second half of the year with new model introductions by all of the leading brands,” said Yoshio Tamura, Co-Founder and President of Asian Operations at DSCC.
“To recognize the importance of this critical sector, we’ve expanded the coverage of the Quarterly OLED Shipment and Fab Utilization Report to capture more sizes and models. This will enable our clients to perform even more detailed analysis on the market.”
Impressive increase in OLED TV revenues
The report details the strong performance of OLED TV panel shipments by LG Display to 11 different TV brands. TV units grew 101 percent year-over-year to 1.33 million, paced by 116 percent growth year-over-year in 55-inch TV panels. TV panel shipments grew at near triple-digit percent growth for all major TV brands, and LGD added several new brands in 2018 covered in the report.
OLED panel revenues increased 14 percent year-over-year with OLED TV panel revenue up an impressive 80 percent year-over-year as unit shipments surpassed modest price declines.
Samsung continued to lead all panel makers with 86 percent of OLED panel shipment revenues, but this represents a