Smartphone Display Market and Technology Outlook

Published May 23, 2022

I started by covering the latest smartphone set shipment results and a 2022 forecast by region. Smartphone unit shipments were up 4% in 2021 to 1.4B units, with China the largest region and Middle East and Africa growing the fastest. For 2022, we forecast the market to fall 1% with Asia Pacific expected to overtake China. Eastern Europe and China are expected to decline the most. But there are growing concerns that the market could be down a lot more, 10% - 15%, if China shutdowns are extended, war persists, inflation, etc. LCD volumes appear to be most affected due to weakness in China and Eastern Europe where LCDs are stronger. Some brands are rumored to be cutting up to 30% of their LCD volumes.

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Written by

Ross Young

Ross.Young@DisplaySupplyChain.com