Global OLED panel shipments expected to be 110 million in Q2 2021

According to the latest reports, the improvement of the epidemic and the continuous introduction of 5G smartphones by smartphone manufacturers, especially Apple’s launch of the iPhone 12 that supports 5G network connections, consumers’ demand for electronic products has also increased significantly. Increased the demand for OLED screens.

Data from research institutions show that global OLED panel shipments in the second quarter of this year will reach 110 million. According to the data of research institutions, in the second quarter, the shipment volume of flexible OLED panels and rigid OLED panels both exceeded 50 million, and the shipment volume of flexible OLED panels was slightly higher than that of rigid OLED panels.

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Specifically, the research institute expects that 57 million flexible OLED panels will be shipped in the second quarter, an increase of 54.1% year-on-year, but a decrease of 35% from the previous quarter; 53 million rigid OLED panels will be shipped.

Data from research institutions also show that Samsung Display is still the world’s largest manufacturer of flexible OLED panels in the second quarter, with an estimated shipment of 39.1 million units, which is much higher than that of LG Display and BOE. LG Display is expected to ship 10.6 million flexible OLED panels in the second quarter, and BOE is expected to ship 7.9 million units.

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