Advanced Tablet Panel Shipments Fall Y/Y in Q4’22, Larger Decline Expected in Q1’23

Published March 20, 2023

As reported in our latest Quarterly Advanced IT Display Shipment and Technology Report, OLED and MiniLED tablet panel shipments fell 10% Q/Q and 11% Y/Y in Q4’22 to 2.3M units. It was the first Y/Y decline since Q1’21. The decline can be attributed to lack of compelling new models, the weak IT market resulting from the COVID bubble where significant forward demand was pulled in, high inflation such as higher energy and food prices weakening consumer spending and recessionary concerns. Q1’23 looks even worse likely due to some inventory concerns at Apple and again a lack of new products. Samsung’s Galaxy Tab S9 series isn’t expected to launch till August, so Q1’23 will have a more challenging comparable. A steeper 42% Y/Y decline is expected in Q1’23.

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Written by

Ross Young