Quarterly Foldable/Rollable Display Shipment and Technology Report

Report Summary

DSCC has received excellent reviews for its quarterly and annual reports on foldable display technology and markets. Included in this quarterly report are quarterly updates to shipments by brand and model, roadmaps, design wins, detailed product specifications, cost analyses, technology advancements and more. Shipments are provided for the entire supply chain covering panel shipments, production and sell-in.

  • Pages

  • File Format

    PDF, XLS
  • Published

    Latest version - December 2022
  • Order Report

Now Available
  • Monthly panel shipment, device production and device sell-in unit/revenue results and forecasts by smartphone brand, model #, panel supplier, size, resolution, refresh rate, aspect ratio, PPI, form factor, cover material (UTG vs. CPI), 4G vs. 5G, 5G network band, street price band, AP supplier, AP model, touch sensor type and more. Monthly data through 2023.
  • Now providing regional data for highest volume products.
  • Long term forecasts out to 2027.
  • Foldable and rollable product roadmaps for smartphones, notebooks and tablets.
  • Specifications of all foldable products.
  • Review of film stacks for all foldable products revealing structure, thickness and suppliers for UTG, CPI, hard coat, OCA, polarizer, touch, etc.
  • Device/panel/UTG/CPI cost/price forecasts.
  • Yield estimates/forecasts.
  • Flexible/foldable supply/demand.
  • Analysis of latest technology challenges and advances.
Table of Contents:

1.0 Executive Summary p.4

2.0 Methodology p. 17

3.0 Recent and Upcoming Models p. 19

  • What Is Available
  • What Is Coming
  • Samsung’s Galaxy Z Flip 4 Panel and Phone Shipments
  • Samsung’s Galaxy Z Flip 4 Regional Allocation
  • Samsung’s Galaxy Z Fold 4 Panel and Phone Shipments
  • Samsung’s Galaxy Z Fold 4 Regional Allocation
  • Samsung's Rollable Plans
  • Samsung's Multi-Fold Plans
  • Google’s Product/Plans
  • Honor Magic Vs and Vs Ultimate Details and Outlook
  • Honor’s 2023 Plans
  • Huawei P50 Pocket, Specs, Results and Outlook
  • Huawei’s 2023 Plans
  • Motorola Razr 2022 Specs and Results
  • Motorola’s 2023 Plans
  • Oppo Find N2 Specs and Outlook
  • Oppo’s Find N2 Flip Specs and Outlook
  • Oppo’s 2023 Plans
  • TCL Update
  • Transsion’s Foldable Plans
  • Vivo X Fold Results
  • Vivo’s 2023 Plans
  • Xiaomi Mix Fold 2 Results
  • Xiaomi’s 2023 Plans
  • Apple’s Foldable Plans

4.0 Foldable/Rollable Smartphone Results and Forecast p.51

  • Target Markets
  • Clamshell
  • In-folding
  • Out-folding
  • Rollable
  • Panel Shipment Timeline
  • Device Production Timeline
  • Device Shipment Timeline
  • By Model
  • By Quarter
  • By Year
  • By Brand
  • By Panel Supplier
  • Panel and Device Revenues
  • By Region
  • By Form Factor
  • By Cover Window Material
  • By Size
  • 4G vs. 5G
  • Sub-6 GHz vs. mmWave
  • Notch/Hole/UPCs
  • By Refresh Rate
  • By Backplane
  • By AP Supplier/Model
  • By Price Band
  • By Panel ASPs
  • By Panel Area

5.0 Foldable Notebook/Tablet Forecast p.107

  • New vs. Old Forecast
  • By Brand, Size, Display Supplier, etc.
  • Rollables in Notebooks?
  • Revenue and ASP Forecast
  • Foldable Tablet Considerations
  • Multi-Fold
  • Old vs. New Forecast
  • Panel and Form Factor Forecast
  • Shipments, Revenues and ASPs

6.0 Total Fold./Roll. Display Shipment Forecast p.117

  • By Application
  • Units
  • Revenues
  • By Panel Supplier
  • Area

8.0 Foldable Panel Cost Forecast p. 123

  • 6.7”
  • 7.11”
  • 7.56
  • 8.02”
  • 8.03”
  • LTPO
  • UTG
  • COE

9.0 UTG Developments p. 144

DSCC’s Latest Quarterly Foldable/Rollable Report Reveals New Insights Including Corning’s First Foldable UTG Design Win

DSCC released its latest Quarterly Foldable/Rollable Display Shipment and Technology Report today which included numerous new insights on foldable and rollable displays, markets and technologies.

One surprise was a design win by Corning on the upcoming Samsung Galaxy Z Flip 3. Corning will share the ultra-thin glass (UTG) business on the Z Flip 3 with incumbent supplier SCHOTT. Corning’s UTG will be processed by Korean supplier eCONY who will perform the glass thinning, chemical strengthening and cutting steps. Corning’s entry also helps pave the way for Apple to enter the foldable market given Apple’s close reliance on Corning glass in the smartphone market. There was also a structural change on the Z Flip 3 display film stack increasing the overall display stack thickness by 8%. The Z Flip 3 is now thicker below the panel than above the panel, unlike the Z Flip 5G. For more information on Corning, eCONY and the Z Flip 3 display film stack, please see DSCC’s latest report.

The latest report also brings new insights on the revolutionary Z Fold 3 which introduces a number of industry firsts which include:

  • The first foldable display with an under panel camera;
  • The first foldable display that replaces the circular polarizer with a color filter to reduce thickness, increase brightness and lower power;
  • The first foldable display with UTG to have pen input.

The display film stack on the Z Fold 3 is nearly 40% thicker than the Z Fold 2 despite the removal of the circular polarizer due to the addition of the relatively thick digitizer. It includes a shatterproof/protection layer under the UTG previously seen in the Z Flip 5G. In addition, the Z Fold 3 incorporates a carbon reinforced polymer layer to increase strength below the panel.

Other important Samsung related insights in the report include:

  • Samsung Display’s 2022 foldable/rollable panel shipment target and allocation between Samsung and other customers;
  • The timing of Samsung’s first rollable smartphone and multi-fold tablet. These new form factors have the potential to significantly accelerate demand, improving portability and mobility in convergence devices.

DSCC also found that the Huawei Mate X2 now has the industry’s thinnest display film stack at well under 500 µm, below last year’s Z Flip 5G and Z Fold 2.

The latest report also includes new insights on:

  • Challenges associated with the color on encapsulation (CoE) process including customer feedback;
  • A deep dive into the challenges associated with integrating under panel cameras and IR sensors including a new forecast for UPC volumes;
  • Technical challenges associated with producing rollable displays;
  • All of the foldable and rollable display photos and specs shown at SID;
  • Lenovo’s experience with foldable notebooks and their future plans;
  • How the death of Windows 10X has impacted the foldable notebook market and brands latest plans and forecasts;
  • The latest foldable display cost and margin forecasts and foldable and rollable display price forecasts;
  • Brand forecasts by form factor, size, resolution, refresh rate, backplane technology, cover windows, UPCs vs. punch holes, chipsets, 5G and more with a significant increase in the number of brands covered vs. last issue;
  • Regional expectations for the new Samsung Z Flip 3 and Z Fold 3;
  • And more.

DSCC presents its foldable/rollable smartphone forecasts on a panel shipment timeline, phone production timeline and phone shipment timeline to cover the interests of the entire supply chain. In 2021, DSCC sees panel shipments of 8.9M with phone production of 6.6M and phone shipments of 5.6M. The gap between phone production and shipments widens in 2021 due to the significant number of products rolling out at the end of the year.

2019 – 2021 Foldable Smartphone Shipments and Production

Looking out further into the future, DSCC expects Apple’s rumored entry into the foldable smartphone market in 2023 to significantly boost this segment and likely lead to other companies entering as well. On a panel shipment basis, DSCC expects foldable and rollable panels to grow at an 87.5% CAGR from 2020 to 2025 to 75.6M. Smartphones will dominate with an 84% CAGR and a share of at least 92% through the forecast. Looking at smartphones rather than panels, DSCC expects shipments of greater than 56M units in 2025. Tablets can benefit from multi-fold, improving their portability. Notebooks still need to resolve their software issues. TVs will remain expensive until technical issues are resolved. We expect foldable/rollable panel revenues to grow at a 90% CAGR from ’20 to ‘25 to $13B with smartphone panels growing at an 85% CAGR to $11.5B and its share declining to 89% by 2025. Smartphone panels will benefit from high priced in-folding and rollable panels taking share from clamshells.

2020 - 2025 Foldable and Rollable Display Shipments by Application

For more information on subscribing to the Quarterly Foldable/Rollable Display Shipment and Technology Report, which is also available for purchase as a single issue, please contact info@displaysupplychain.com.

DSCC Forecasts Foldable and Rollable Smartphone Revenues to Exceed $100B in 2025

DSCC has released its Quarterly Foldable/Rollable Display Shipment and Technology Report which provides detailed shipment results and forecasts for foldable and rollable smartphones, notebooks and tablets on a unit, revenue and area basis. It also includes detailed product analysis, brand roadmaps, panel BoM forecasts and a detailed examination of UTG and CPI cover materials.

The report forecasts an 80% CAGR increase in foldable/rollable smartphone revenues from 2020 to 2025 to $105 billion. This is clearly one of the fastest growing categories in consumer electronics. The display area is expected to rise at a 93% CAGR to 1.2M square meters in 2025. Units are expected to grow at an 86% CAGR to 74.4M units with ASPs declining at 6% per year. Smartphone brands will look to keep prices high for this segment over the next 5 years by adopting larger sizes, multiple folds, new rollable/slidable/extendable mechanisms, improving robustness, offering better cameras, adopting under panel cameras, etc.

According to DSCC CEO Ross Young, “The recent success of the Samsung Galaxy Z Flip and Z Fold 2 has boosted the outlook for foldable devices and diminished the robustness concerns many users previously had. As a result, we see foldable devices becoming more broadly adopted in the future. In addition, we see developments coming beyond single fold devices. Multi-fold and rollable/slidable/extendable devices are also of interest to multiple brands we have talked to. Multi-folds will enable even larger displays to penetrate the smartphone market. Regarding rollable, while foldable displays must manage a tight fold radius and significant stress in a specific area (the crease), rollable displays will face a larger radius and less stress but over the entire area. This may involve changes to panel design requirements but could end up resulting in higher yields and lower material costs. The larger bend radius should be easier for UTG and CPI suppliers. It could allow for thicker UTG optimized for scratch resistance and not requiring a soft protective layer that is more prone to scratches. Since the rollable display will be curved behind itself, it will be thicker than a conventional smartphone, but because it isn’t folded over, it should be thinner than a foldable phone. We are seeing multi-fold and rollable solutions in company roadmaps not just for smartphones, but notebooks and tablets as well. The future looks very exciting for flexible displays which will help consume the excess capacity currently in place.”

The monthly results show smartphone shipments in units, revenues, ASPs and area by month/quarter/year for the following parameters:

  • Brand
  • Model
  • Form Factor
  • Panel Supplier
  • Average Size
  • Resolution
  • Aspect Ratio
  • DPI
  • Refresh Rate
  • Backplane
  • Cover Window Material
  • UTG Supplier
  • CPI Supplier
  • HC Supplier
  • Touch Type – Add-on vs. Integrated
  • Touch Sensor Supplier
  • AP Supplier
  • AP Model
  • Main Camera
  • Front Camera
  • Battery
  • Cellular Network
  • Min. Memory
  • Min. Storage
  • Polarizer Supplier
  • Weight
  • List Price
  • Price Band

The forecast shows shipments in units, revenues, area and ASPs for the following parameters:

  • Brand
  • Model
  • Panel Supplier
  • Form Factor
  • Average Size
  • Resolution
  • Aspect Ratio
  • Refresh Rate
  • Backplane
  • Cover Window Material
  • List Price
  • Price Band

The report also features :

  • A detailed analysis of all existing foldable products including analyses of their film stacks and the thickness and suppliers of each layer.
  • Product roadmaps for 15 brands;
  • Detailed panel bill of materials cost forecast through 2025 including UTG and CPI costs.

For more information on DSCC’s Quarterly Foldable/Rollable Shipment and Technology Report, please contact info@displaysupplychain.com.

Insights into DSCC’s New Quarterly Foldable/Rollable Report with Monthly Shipment Data by Model

We are making great progress on our new Quarterly Foldable/Rollable Display Shipment and Technology Report and still expect to release before the end of the month.

One of the highlights to me is monthly panel shipments by foldable smartphone model. This has been completed from November 2018 to December 2020. Thus, there is now a complete monthly record of foldable panel shipments and it is segmented by more than 20 different parameters such as size, panel supplier, form factor (clamshell vs. in-fold vs. out-fold), cover window material (CPI vs. UTG), CPI and UTG suppliers, AP supplier, AP model, memory, storage, etc. There is also a forecast from 2021-2025 by quarter. Highlights of the monthly shipments whose total are shown in the figure are:

  • June and September are expected to be the record months for foldable panel shipments.
  • The Samsung Galaxy Z Flip will be the #1 best-selling foldable in 2020 followed by the Z Fold 2, the Motorola Razr and the Flip 5G.
  • By brand, Samsung will command more than an 80% share.
  • Clamshell smartphones are expected to account for a 60% share of 2020 smartphone panels on the success of the Z Flip.
  • UTG shipments will significantly outpace CPI with more than an 80% share.
  • Qualcomm has over a 95% share of the 2020 foldable market with the Snapdragon 855+ leading the 865+.
  • Nitto has a dominant share in foldable polarizers over Sumitomo Chemical.
  • Kolon has a dominant share in CPI over Sumitomo Chemical.

Monthly Foldable Smartphone Panel Shipments

Source: DSCC’s Quarterly Foldable/Rollable Display Technology and Market Outlook Report

Another highlight for me in putting together this report is the roadmap information. We saw that the Z Fold 2 stack got thinner than the Z Flip despite increasing the thickness of the PET layer above the UTG. How did they do it? It is in the report. We are also showing not just foldable device roadmaps, but rollable smartphone device roadmaps as well with LGE expected to launch a 7.4” rollable smartphone in Q1’21. We have volume estimates for that device. We also provide insight into future Samsung foldable devices through 2022 with some surprising developments as well as the situation in China. Will other brands try to step into Huawei’s shoes for foldable devices? What is the current status? It is revealed in this report.

The 2018-2020 monthly shipment results are available now to subscribers, so there is no reason to delay your order if interested. For more information, please contact info@displaysupplychain.com.

DSCC publishes over 100 industry reports yearly. Our mission is to provide worldwide end-to-end supply chain expertise for all display-based products. For a full listing of DSCC reports, download our complete product brochure

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