OLED is having a moment and not just with Nintendo Switch

Date:
Thu, 08 Jul 2021 10:18:10 +0000

Description:
The premium panel technology is surging in use across smartphones, laptops, TVs, and more.

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Long live the OLED panel. Thats the sentiment expressed by analysts at DSCC, who have forecast a massive uptick in the usage of OLED panels in a host of consumer devices this year.

DSCCs quarterly report raises the global revenue forecast in 2021 to $42.5 billion (around 30 billion / AU$57 billion), up 9% from its previous
forecast.

The company cites a host of factors for this increase, including increased OLED smartphone volumes as well as more OLED panels being used in laptops. Samsung alone is expected to rake in $1bn in OLED panel revenue before 2021
is out. Here are the best OLED TVs What is OLED? and what is Mini LED ?

These numbers only get bigger in the coming years, too. DSCC predicts a 43% increase between 2021 and 2025, with only more smartphones, tablets and laptops set to use the panel technology going forward. Monitors are expected to see the biggest uptick, though, with a 238% increase expected between now and 2025 as Samsung Display and LG Display target the OLED monitor market
more aggressively.

Thats not to mention the newly-announced Nintendo Switch OLED , a gaming console with an inlaid 7-inch OLED screen replacing the LCD display of prior models, which could up-end prediction models in the years ahead. OLED, OLED everywhere

So why has OLED captured the imaginations of manufacturers and consumers around the world?

Despite the thrall that LCD screens still have across much of the market being generally cheaper and easier to produce OLED panels are becoming more accessible, with ramped-up production lines allowing for lower manufacturing costs per unit. LG Display finally opened a new factory last year in Guangzhou, China, which should help it to almost double OLED TV output in 2021.

OLED panels also make for far slimmer devices on the whole, given OLED pixels can emit their own light and dont require an additional backlight behind the panel to make images visible.

For a world of luxury smartphones that need to fit into the average pocket or handbag, or smartwatches that need to fit comfortably on the wrist, slim design is crucial and there are certainly aesthetic and space-saving
benefits for laptops, monitors and TVs in the home.

OLED panels may now be reaching a point of saturation, though. While growth
is ongoing, its also slowing, with DSCC forecasting a lower year-on-year growth for the next two or three years, with a hesitant uptick expected by 2025. But, of course, if OLED demand starts to stall, itll likely only be because Mini LED and Micro LED challengers are starting to take hold. What is Micro LED ?



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Link to news story: https://www.techradar.com/news/oled-is-having-a-moment-and-not-just-with-ninte ndo-switch/


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