Press Releases

Press Releases

Double-Digit Y/Y Growth for Smartphones and TVs Fuel 32% Y/Y Growth for OLED Panel Shipments in Q3’24

November 25, 2024

As revealed in DSCC’s latest release of the OLED Shipment Report – Flash Edition, OLED panel shipments increased 3% Q/Q and 32% Y/Y in Q3’24 after increasing 12% Q/Q and 50% Y/Y in Q2’24. In Q3’24, by select OLED applications, OLED tablet panel shipments decreased 20% Q/Q and increased 127% Y/Y, OLED smartphones increased 2% Q/Q and 39% Y/Y and OLED TVs increased 2% Q/Q and 48% Y/Y.Read More

Global TV Shipments Increased 11% Y/Y in Q3’24, Second Consecutive Quarter of Y/Y Growth

November 20, 2024

According to global market research firm Counterpoint Research, global TV shipments in Q3’24 grew 11% Y/Y to 62M units, showing Y/Y growth for two consecutive quarters and raising expectations for a continued rebound. By region, growth was evenly distributed across all regions except Japan, with Eastern Europe in particular leading the growth with a 24% increase, and advanced markets in North America and Western Europe also showing high growth. Samsung Electronics maintained its top spot with a 15% market share, but its market share decreased slightly compared to the previous quarter. On the other hand, Hisense, which narrowly overtook third-place TCL to reclaim second place, gained share by shipping 19% more TVs than in the same period last year. LG, which ranked fourth, recorded a 7% increase in shipments Y/Y thanks to the favorable European market, and recovered its market share to the 10% range.Read More

Display Equipment Spending Expected to Rise 47% in 2024 as Industry Rebounds

November 18, 2024

Display equipment spending is expected to bounce back from a weak 2023 and rise 47% in 2024 to $7.3B according to DSCC’s latest Quarterly Display Capex and Equipment Market Share Report. LCD equipment spending is expected to lead the way with a 54% share on 95% growth after spending was slashed 67% in 2023 due to weak post-COVID LCD market conditions, a significant LCD oversupply and net losses for LCD suppliers. As conditions have improved and demand has rebounded, LCD fab spending has increased. OLED fab equipment spending is also expected to recover in 2024, up 16%, after falling 54% in 2023 with the OLED industry not immune from LCD weakness as many of the manufacturers are the same in both technologies. While OLEDs have been taking share in many display applications, weakness in OLED TV demand has kept a lid on OLED capex.Read More

New DSCC Report Shows How MicroLED Market Can Grow After Apple’s Exit

November 6, 2024

DSCC has released the latest edition of its MicroLED Display Technology and Market Outlook Report. The revised forecast is significantly different from last year’s due to Apple’s decision to cancel the launch of the MicroLED Apple Watch. While Wearables were previously expected to be the largest segment for MicroLED displays, it now comes third after TV and AR/VR.Read More

iPhone 16 Series Panel Procurement Projected to be 1% Higher than the iPhone 15 Series Through October

October 28, 2024

As we approach the end of October and with the iPhone 16 series being available since September 20th, our latest release of the Monthly Flagship Smartphone Display Tracker shows that cumulative panel procurement through October for the iPhone 16 Series is tracking 1% higher versus the iPhone 15 series during the same period in 2023. Panel procurement for the iPhone 15 series started in June 2023, while panel procurement for the iPhone 16 series started in July 2024.Read More

iPhone 16 Series Panel Procurement Projected to Be 8% Higher than iPhone 15 Series through September

September 30, 2024

As we approach the end of September and with the launch of the iPhone 16 series, our latest release of the Monthly Flagship Smartphone Display Tracker shows that cumulative panel shipments through September for the iPhone 16 Series are tracking 8% higher versus the iPhone 15 series during the same period in 2023. Panel shipments for the iPhone 15 series started in June 2023, while panel shipments for the iPhone 16 series started in July 2024. On a M/M basis for August, the iPhone 15 series decreased 53% M/M. iPhone 15 series panels shipments are expected to continue to decline M/M as panel shipments for the iPhone 16 series continue to ramp up.Read More

OLED Revenues Expected to Increase 13% in 2024 on Growth from Smartphones, TVs and IT Applications

September 30, 2024

As revealed in DSCC’s latest release of the OLED Shipment Report, OLED panel revenues increased 36% Y/Y in Q2’24. The improvement to panel revenues is the result of the 49% Y/Y unit increase as a result of improved consumer and commercial demand offset by seasonality for some applications. In Q2’24, OLED monitors and tablets had triple-digit unit and revenue growth Y/Y. Several other applications had Y/Y increases. Please refer to the report for more details.Read More

MiniLED Continues to Grow Steadily, Automotive and AI are Promising Highlights

September 30, 2024

DSCC’s Quarterly MiniLED Backlight Technologies, Cost and Shipment Report revealed that MiniLED has become an important role and a strategic resource in both the display and LED industries. MiniLED shipments were 4.8M units in Q2’24 and are expected decline slightly in Q3’24 due to weak demand from TV. The total shipments for MiniLED panels are expected to reach more than 19M units in 2024.Read More

Display 360 Summit IT Session to Showcase How Display Technologies and AI Are Fueling Growth for Monitors, Notebook PCs and Tablets

September 26, 2024

The upcoming DSCC Display 360 Summit taking place on October 2nd in Fremont, California, will try and cover all the major market and technology issues that the display industry is facing today and will discuss how the industry is likely to evolve in the future. One of the areas of growth for the industry is in IT applications as a result of new technologies and capital investments. The IT session will address the following topics:Read More

Display 360 Summit Will Show How Display Technologies Are Shaping the TV Market

September 25, 2024

The upcoming DSCC Display 360 Summit taking place on October 2nd in Fremont, California, will cover all the major market and technology issues that the display industry is facing today and will discuss how the industry is likely to evolve in the future. As the biggest application by flat panel display area, TV is critical to the display industry and a session dedicated to the TV market will address the following topics:Read More

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