DSCC Upgrades Capex Forecast on New Fabs, China Dominates, New Segments Added
DSCC issued the Q3’20 version of its Quarterly Display Capex and Equipment Market Share Report last week which upgraded 2019-2024 spending by 4% on a move-in basis and 5% on an install basis on a number of new fabs added in China. There were 3 new fab lines added over the 2021-2023 period all in China for OLEDs. China is expected to account for 84% of 2019-2024 LCD and OLED spending. China’s share of LCD spending will be 100% and its share of OLED spending will be 76%.