• In Q3’24, OLED panel shipments increased 32% Y/Y, led by growth from smartphones, TVs, monitors notebook PCs and tablets.
• In Q3’24, for OLED smartphones, several brands had double-digit Y/Y growth resulting in the category achieving 39% Y/Y growth.
• Samsung Display continues to lead with double-digit share for all OLED applications.

As revealed in DSCC’s latest release of the OLED Shipment Report – Flash Edition, OLED panel shipments increased 3% Q/Q and 32% Y/Y in Q3’24 after increasing 12% Q/Q and 50% Y/Y in Q2’24. In Q3’24, by select OLED applications, OLED tablet panel shipments decreased 20% Q/Q and increased 127% Y/Y, OLED smartphones increased 2% Q/Q and 39% Y/Y and OLED TVs increased 2% Q/Q and 48% Y/Y.

“The continued double-digit Y/Y growth for OLED panel shipments is welcomed news that strong demand continues for OLED applications. We expect 2024 to have double-digit Y/Y growth, fueled by increased demand in the commercial and consumer PC sector and AI innovations across several categories,” notes David Naranjo, Sr. Director.

OLED Panel Shipments and Y/Y Growth, Q3’22 – Q3’24

By OLED panel supplier, SDC continues to lead in OLED panel shipments with a 37% overall share, down from 40% in Q2’24, as a result of gains from LGD and Visionox. LGD’s share increased to a 13% share, up from 8% in Q2’24 as a result of 49% Q/Q and 204% Y/Y growth from OLED smartphones, fueled by Apple with a 65% Q/Q and 69% Y/Y increase.

The OLED Shipment Report – Flash Edition, includes historical panel shipments from 2016 through Q3’24 by application, by brand, by panel supplier, by OLED type and much more.