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Shipments of Smartphone Panels Are Forecasted to Drop by 9% YoY for 2024 Due to Weakening Demand Related to Second-Hand Smartphones and Device Repair, Says TrendForce

28 September 2023

TrendForce projects that shipments of smartphone display panels (smartphone panels) will reach approximately 1.85 billion pieces in 2023, reflecting a YoY increase of 8.7%.

Market Share of OLED Automotive Panels Continues to Grow and Could Reach 10% by 2026, Says TrendForce

26 September 2023

The latest “Automotive Display Market Analysis” from TrendForce indicates that the overall demand for automotive display panels (automotive panels) is gradually stabilizing and shows an upward trend as the automotive market as a whole slowly recovers, and promotional activities related to smart cockpits continue to expand.

Automotive TDDI Shipments Predicted to Surge by 54% in 2023 Amid Rising Automotive Panel Demand, Says TrendForce

19 July 2023

TrendForce predicts that the shipment quantity for automotive panels will cross the 200 million mark in 2023, reaching an estimated 205 million units—a 5.1% YoY growth.

OLED Penetration in Smartphones to Exceed 50% in 2023, Says TrendForce

18 July 2023

TrendForce’s latest report on OLED technology and the market indicates that OLED panels will secure more than 50% market share in the smartphone industry by 2023.

Gen 5+ LCD Panel Market Struggles to Meet Demand in 2023 as Suppliers Eye Profitability, Says TrendForce

12 July 2023

TrendForce reports that panel makers are gearing up to transition from losses to gains in 2H23 by rigorously controlling production levels and producing on demand. The supply-demand ratio for Gen 5+ LCD panels in 2023 is predicted to be 2.1%—falling short of the balanced range of 3–5%—indicating a tight supply in the overall market.


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