Foldable AMOLED Display Shipments Due to Reach 3.9 Million This Year, Says Omdia

The global market for foldable AMOLED display panel shipments will grow to 3.9 million units, from 700,000 last year, said Omdia, formerly IHS Markit, Tuesday. Shipments are forecast to reach 73.1 million in 2025. The designs allow small devices to support very large displays, said analyst Jerry Kang. Shipments in 2019 were limited due to high pricing and low reliability, but smartphone OEMs are increasing use of AMOLED displays. The next-generation displays will be 1.3% of the 311.9-million flexible OLED business this year, leaving “plenty of growth opportunity for foldable displays in the coming years as they resolve their manufacturing issues," Kang said.