LG Display predicts by 2018 the achievement of parity in the number of traditional LCD panels and OLED displays used by smartphones. In 2014, this ratio looked like "73:27", and in the current share of OLED displays in the smartphone segment can exceed 40%, mainly due to the appearance of the corresponding version iPhone 8. The next year, according to LG representatives , panel type OLED will occupy 58% of the market, while the Korean manufacturer will receive up to 50% of the proceeds from their sale. Last year, OLED-panels gave LG Display only 10% of revenue.
Following Apple and Samsung, LG, Vivo, Oppo, Lenovo and Huawei are ready to switch to using OLED displays for their flagship smartphone models. The Korean company decided to reconsider the priorities in the release of OLED panels, and after the "television" formats to master and small. By the way, Chinese and Taiwanese manufacturers of LCD panels are also actively increasing the volume of OLED-displays. The area of production facilities employed in the production of OLED, next year should increase by more than two times compared with 2016.
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