Global Market Trends and Forecast of Display Panel and DDIC
In the trend of industrial shift and upgrade, the globa
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In the trend of industrial shift and upgrade, the globa
In the first half of 2024, the global LCD TV panel market experienced a significant growth, with a year-on-year increase in shipment volumes and shipment areas.
BOE plans to invest 63 billion yuan to build 8.6-generation OLED production line, intensifying the competition between China and South Korea in the OLED panel market. Market demand will be the main driver of these companies’ investments.
At the end of 2023, key panel industry players released poor annual performance previews. However, it is expected the panel industry will recover in 2024.
Global display industry investment is predicted to increase by 82% in 2024 with OLED accounting for a significant proportion. China is expected to maintain dominance in the LCD industry and keep up in the OLED.
In the first half of 2023, the global large-size LCD panel market is warming up but still not as good as before.
China is the world’s largest IoT supply market, with 960 million of the 1.5 billion cellular network-connected devices in global are made. In the future, it becomes the prospective largest consumer market as well.