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OLED displays not expected to replace LCD anytime soon

Posted on Sunday, October 04 2009 @ 07:39:08 CEST by

A DisplaySearch report suggests OLED is unlikely to replace LCD panels any time soon. We may see some notebook with OLED displays by late 2010, and 20-29" OLED TVs may enter the market by the end of 2010 as well. For the first OLED TVs with screen sizes of 30" and larger you'll likely have to wait until late 2011.
In spite of global economic crisis, shipments of OLED (organic light emitting diode) displays have set a new record in the second quarter of 2009. Even though OLED-based TV-sets are not even mass produced today, they are likely to become the second largest application for the technology by 2016, claims DisplaySearch market tracking firm. Still, it does not seem that OLED will replace LCD (liquid crystal display) panels any time soon.

DisplaySearch reported that worldwide OLED revenue has set a new record, with $192 million in revenue for Q2 2009, up 32% sequentially and 22% annually. DisplaySearch forecasts the total OLED display market will grow to $6.2 billion by 2016 from $0.6 billion in 2008, with a compound annual growth rate (CAGR) of 33%. Mobile phone main displays will be the leading application with revenues of about $3 billion in 2016; OLED TV will be the second largest application, with revenues of about $2 billion in 2016.
More details at X-bit Labs.



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