Samsung Display and LG Display, in order to put pressure on competitors, has focused on AMOLED panels and will continue expansion of AMOLED production capacities, with combined AMOLED capacity to increase at a CAGR of 33.1% during 2015-2019, according to Digitimes Research.
The two companies' combined annual capacity for AMOLED panels will increase from 6.093 million square meters in 2015 to 19.1 million square meters in 2019, Digitimes Research indicated. If broken down by generation, combined annual AMOLED capacity at 8G and above factories will increase from 1.815 million square meters in 2015 to 7.079 million square meters in 2019, and at 4.5-6G factories from 4.278 million square meters to 12.021 million square meters.
Demand for smartphone-use AMOLED panels from Samsung Electronics and Apple alone in 2019 will exceed 420 million units. In addition to smartphones, AMOLED panels will be used in tablets, automotive displays and TVs.
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