COVID-19 Spurring ‘Strong Decline’ in ‘Smartphone Demand, Says SA

Q1 smartphone panel revenue grew 3% globally, topping $9 billion, reported Strategy Analytics Monday. Samsung Display's revenue share was 51.8% in smartphone panels, followed by BOE (14.3%) and Tianma (8.2%), SA said. "We expect the display panel market to continue to observe a slowdown in smartphone panel demand due to disruptions in supply chains of customers along with a strong decline in demand for end-market products owing to COVID-19 pandemic.”