2018 Flat-Panel Display Demand Rose Double Digits for 1st Time in 4 Years, Says IHS

Flat-panel display demand increased 10.5 percent in 2018 to 221 million square meters (242 million square yards), the first double-digit growth in four years, reported IHS Markit Thursday. “Lower prices fed a sharp increase in panel demand for TVs, smartphones and desktop monitors,” it said. Demand for OLED TV panels increased by 65.6 percent to 3 million square meters (3.3 million square yards), and LCD TV panel demand rose 10.7 percent to 154 million square meters (168 million square yards), it said: “Growing popularity of 60-inch and larger TV panels contributed to the growth in overall TV panel area demand.”