In Q2’23, the shipment of OLED panels increased by 10% compared to the previous quarter (Q1’23) and decreased by 2% compared to the same quarter of the previous year (Q2’22), according to the latest report from DSCC.
During Q2’23, several applications that use OLED panels experienced positive growth compared to the previous quarter. OLED panel shipments for smartphones increased by 4% sequentially and 1% year-over-year. On the other hand, TV panel shipments grew significantly by 42% sequentially, although they decreased by 26% year-over-year.
Smartphones remained the largest category using OLED panels, accounting for 79% of the unit share in Q2’23. However, this was a decrease from the 84% unit share they held in Q1’23. This change was attributed to gains made by smartwatches, monitors, and game platforms.