OLED TV panel shipments up 30% YoY in 2Q24

OLED Panel Shipments Rise 50% Y/Y in Q2’24 on >100% Growth in Tablets and Monitors and High Double-Digit Growth in Smartphones and TVs

LA JOLLA, CA — As revealed in DSCC’s latest release of the OLED Shipment Report – Flash Edition, OLED panel shipments increased 13% Q/Q and 50% Y/Y in Q2’24 after declining 20% Q/Q and increasing 50% Y/Y in Q1’24. In Q2’24, by select OLED applications, OLED tablet panel shipments increased 142% Q/Q and 356% Y/Y, OLED smartphones increased 6% Q/Q and 49% Y/Y and OLED TVs increased 43% Q/Q and 30% Y/Y.

“The 1H’24 double-digit Y/Y growth for OLED panel shipments is welcome news that demand is strong for OLED applications. We expect healthy Y/Y growth to continue, fueled by increased demand in the commercial and consumer PC sector and AI innovations for several categories”, notes David Naranjo, Sr. Director.

OLED Panel Shipments and Y/Y Growth, Q2’22 – Q2’24

Source: Quarterly OLED Shipment Report – Flash Edition

By OLED panel supplier, SDC continues to lead in OLED panel shipments with a 40% overall share, up from 37% in Q1’24, as a result of gains for several OLED applications with OLED tablets leading the growth with a 248% Q/Q increase. Q2’24 marks the first time that SDC has gained share after losing share or remaining flat for the past seven quarters.

The OLED Shipment Report – Flash Edition, includes historical panel shipments from 2016 through Q2’24 by application, by brand, by panel supplier, by OLED type and much more.