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KoreanOLED Panel Shipments Increased 9% Y/Y in 2023 on 2H’23 Growth for Smartphones, Smartwatches, Tablets and Notebook PCs
February 19, 2024As revealed in DSCC’s latest release of the OLED Shipment Report – Flash Edition, OLED panel shipments increased 41% Q/Q and 31% Y/Y in Q4’23 to 292M units after increasing 18% Q/Q and 14% Y/Y in Q3’23. According to DSCC Senior Director David Naranjo, “The continued Y/Y growth for several applications is welcomed news that the 2H’23 recovery materialized as a result of inventories normalizing after Y/Y declines in 2022 and in the first half of 2023. In 2H’23, OLED smartphones increased 42% vs. 1H’23 and increased 12% for the year. OLED smartwatches increased 101% vs. 1H’23 and increased 1% for the year. OLED tablets increased 58% vs. 1H’23 and increased 15% for the year. OLED notebook PCs increased 64% vs. 1H’23 and decreased 25% for the year. Several other applications also had 2H’23 and Y/Y growth. More categories and details can be found in the report.”Read More