The increasing use of AMOLED panels in smartphones from Apple, Samsung and Chinese brands has led to a 42% penetration rate for this technology in this market in 2021. This data is available from the specialists of the analytical company TrendForce, who predict that the trend will continue in 2022. According to them, “with the continued investment made by numerous panel factories to expand AMOLED production lines,” the penetration rate of AMOLED panels in smartphones in 2022 will be 46%.
At the same time, demand for LTPS LCD panels will decline, prompting manufacturers to switch production facilities to medium-sized LTPS panels. In 2022, LTPS’s share of the smartphone panel market will decline from 31% to 27%. The share of IGZO panels will increase from 27% to 28%.