DSCC increased its forecast for 2020-2025 display hardware spending by 2.3% qoq to $ 80.7 billion, boosted by rising OLED spending in Korea, targeting the IT market. Costs are forecast to decline 11% in 2022 from the previous quarter due to delays in shipments to the Chinese mobile OLED screen maker, but will rise in 2023.
DSCC expects IT spending on OLEDs to increase as OLED makers target the huge opportunities that lie ahead in tablets, laptops and monitors. With over 650 million units, OLEDs are expected to penetrate the IT display market by just 1.4% in 2021. DSCC expects factories focused on IT markets to account for 37% of OLED spending in 2022-2025 and 40% in 2023-2025 when another new G8.5 IT line will be added. OLED. 2024 is expected to be the largest year in OLED spending since 2017, thanks to spending in IT markets. OLED is expected to account for 60% of LCD + OLED hardware spending between 2020 and 2025.
In conclusion, the source cites a rating of suppliers of equipment for the production of displays for the preliminary results of this year and a forecast for 2022.
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