Foldable Displays to Account to 51% All Flexible Display Shipments in 2020
September 8, 2015 | IHSEstimated reading time: 1 minute
Foldable displays are expected to comprise more than half (51 percent) of total display shipments in 2020, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. Based on the latest information from the IHS Flexible Display Technology and Market Report, global shipments of foldable displays will grow at a compound annual growth rate of 58 percent from 2016 to 2020, reaching 180 million units in 2020.
“Foldable displays are leading to innovative new applications and revolutionizing the flexible display market,” said Jerry Kang, principal analyst for IHS Technology. “In fact, we can expect to see foldable tablets and smartphones as early as next year.”
The intrinsic benefits of flexible displays -- including ruggedness, lighter weight, decreased thickness, reduced brittleness, and greater portability -- are feeding new applications in the display market. LG and Samsung have already introduced flexible organic light-emitting diode (OLED) displays in their flagship premium smartphones, while Apple’s Smart Watch, which also boasts a flexible OLED display, has spurred the momentum of flexible displays in the wearable device market. “Flexible displays are receiving a lot of attention, not only from consumer electronics giants like Samsung and Apple, but also from start-up companies experimenting with new and innovative applications,” Kang said.
The IHS Flexible Display Technology and Market Report provides an outlook for the flexible display market based on an analysis of flexible display industry trends, the status of market players, and technology issues. For information about purchasing the report, contact the sales department at IHS in the Americas at +1 844 301 7334 or AmericasLeads@ihs.com; in Europe, Middle East and Africa (EMEA) at +44 1344 328 300 or technology_emea@ihs.com; or Asia-Pacific (APAC) at +604 291 3600 or technology_APAC@ihs.com.
About IHS
IHS is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.
Suggested Items
IDTechEx Report on Quantum Technology: Nano-scale Physics for Massive Market Impact
04/30/2024 | PRNewswireThe quantum technology market leverages nano-scale physics to create revolutionary new devices for computing, sensing, and communications. Across the industry, quantum technology offers a paradigm shift in performance compared with incumbent solutions.
TSMC Certifies Ansys Multiphysics Platforms, Enabling Next-Gen AI and HPC Chips
04/30/2024 | PRNewswireAnsys announced the certification of its power integrity platforms for TSMC's N2 technology full production release. Both Ansys RedHawk-SC and Ansys Totem are certified for power integrity signoff on the N2 process, delivering significant speed and power advantages for high performance computing, mobile chips, and 3D-IC designs.
Koh Young Extends Invitation to the 2024 IEEE Electronic Components and Technology Conference
04/30/2024 | Koh YoungKoh Young, the industry leader in True3D measurement-based inspection solutions, invites you to join us at the at the 2024 IEEE Electronic Components and Technology Conference from May 28-31, 2024, in Denver, Colorado at the Gaylord Rockies Resort & Convention Center.
Samsung Electronics Begins Industry’s First Mass Production of 9th-Gen V-NAND
04/29/2024 | Samsung ElectronicsSamsung Electronics, the world leader in advanced memory technology, today announced that it has begun mass production for its one-terabit (Tb) triple-level cell (TLC) 9th-generation vertical NAND (V-NAND), solidifying its leadership in the NAND flash market.
TSMC Celebrates 30th North America Technology Symposium
04/29/2024 | TSMCTSMC unveiled its newest semiconductor process, advanced packaging, and 3D IC technologies for powering the next generation of AI innovations with silicon leadership at the Company’s 2024 North America Technology Symposium.