Referring to the forecast of the analytical company UBI Research, the source claims that the market for materials for the production of OLED this year will grow by 17% compared to last year. In absolute terms, UBI Research experts expect this market to grow from $ 1.3 billion to $ 1.52 billion.
The main consumers of OLED materials are Korean display manufacturers. They occupy 74.3% of the market. The remaining 25.7% of the market is accounted for by Chinese display manufacturers such as Tianma, which has embarked on a 6th generation flexible AMOLED panel production line project. Recall that the new plant, investment in which is estimated at $ 7.5 billion, should bring Tianma into the top three in the production of flexible AMOLED displays.
Samsung Display continues to be the largest purchaser of OLED materials. The South Korean company accounts for 45.9% of all purchases. LG Display ranks second with 28.5%, followed by BOE with 13.7%.
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