In the first half of the year, the global market was weak, and the shipments of smart phone panels fell. According to QQ statistics, the global smart phone panel shipped 930 million units in the first half of this year, down 1.7% from the same period last year.

Despite innovative trends in the smartphone display market, such as full-screen and profiled screens, smartphone panels are still showing a slight decline due to weak overall demand, but there are significant differences in different specifications.

By category, the share of a-Si LCD (including oxide LCD) panel shipments dropped from 50% in the first half of last year to 42% this year, and the volume of shipments decreased to 390 million pieces. With the improvement of display product specifications, the market share of a-Si LCD products was gradually squeezed by LTPS LCD and AMOLED.

LTPS LCD panel in the market weakening in the environment, LTPS LCD smartphone panel shipments in the first half of this year 340 million units, 23.7% more than the increase in shipments, including: incell touch, full screen and profiled screen trends to increase the smartphone market demand for high-specification display products; Under the premise of ensuring the supply of panel products, the price of products is lowered.

LTPS LCD's market share in smartphone display products has increased significantly from 29% in the first half of last year to 36% in the first half of this year; AMOLED panel shipments slightly decreased in the first half of this year, by 2.6% a year, and shipments decreased to 200 million units, although AMOLED still accounts for a significant share of smartphones due to its stable market share. Show the market share of product 21%.

OLED panels have long been regarded as high-end products, because they have exceeded LCD panels in terms of performance and price competitiveness, began to change the market pattern.

OLED has excellent image quality and light weight. In addition, the flexible OLED panel of solid mass substrate is also easier to produce for full screen.

According to IHS Markit, the share of smartphone OLED panels continued to grow from 40.8% in 2016 to 45.7% this year. In 2019, the OLED panel market share is expected to exceed the market share of TFT LCD panels for the first time.

Next year, OLED panel sales are expected to reach $20.7 billion, with a smartphone market share expected to reach 50.7%. On the other hand, TFT-LCD panel sales are expected to reach $20.2 billion, accounting for 49.3% of the smartphone market. Its market share is expected to reach 73% in 2025.