Demand for Panels With Oxide Backplane Technology Seen Rising 30% This Year

Demand for display panels using oxide backplane technology doubled in 2017 in terms of area from 2016, and is forecast to grow another 30 percent this year, said IHS Markit Wednesday. Oxide backplane technology offers higher resolution and lower power consumption, said IHS. With Apple’s increasing adoption of oxide LCD panels for its tablet and notebook products in 2017, demand surged 98 percent last year from 2016, it said. Area demand for OLED TV panels using the oxide backplane technology also increased by 106 percent during the same period, it said: “Demand for oxide panels will continue to grow in 2018 as demand particularly for OLED TV, with 55 inch or larger screens, increases.”