According to the forecast Digitimes Research, in the coming years the production of AMOLED panels in China will grow by 132% in a year
Seven Chinese producers to quickly ramp up production of AMOLED panels, according to the source, citing data from Digitimes Research. As stated, the total capacity of the factories that totaled 2016 272 thousand m2, in 2018 will increase to 1,584 million m2. In 2019, it will amount 4,464 million m2, in 2020 — 7,864 million m2. This forecast corresponds to an average annual growth 131,9% in the period from 2016 to 2020.
It is expected that China’s largest producer of AMOLED panels in 2020 will be the company BOE Technology, whose share in the total volume of the issue will amount to 35.0%. In second place is Tianma Microelectronics with 17.6%. Further, analysts have the company Visionox (14,0%), EverDisplay Optronics (11,6%), China Star Optoelectronics Technology (9,5%), Truly Opto-Electronics (7.8%), and Royole (4.5 percent).
For comparison, the total area of panels AMOLED, released in 2016, companies Samsung Display and LG Display is 4,945 million m2. By 2020, the South Korean company will increase its output to 15,130 million m2 These figures correspond to average annual growth of 32.3%.