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PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Strategy Analytics: Samsung Display Leads the Expanding Smartphone Display Panel Market in H1 2021 with 48 Percent Share

October 4, 2021 GMT
(Graphic: Business Wire)
(Graphic: Business Wire)
(Graphic: Business Wire)

BOSTON--(BUSINESS WIRE)--Oct 4, 2021--

The global smartphone display panel market posted a revenue of $21 billion in H1 2021, according to the Strategy Analytics Handset Component Technologies service report, “ Smartphone Display Panel Market Share Q2 2021: Samsung Display Maintains Top Spot.”

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(Graphic: Business Wire)

According to Strategy Analytics research, the smartphone display panel market witnessed a double-digit revenue growth asSamsung Displayled the market with 48 percent revenue share followed byBOE Technologywith 15 percent andTianma Microelectronicswith 8 percent in H1 2021. The top-three display panel vendors captured nearly 71 percent revenue share in the global smartphone display panel market in H1 2021.

Jeffrey Mathews, Senior Analystat Strategy Analytics commented, “The smartphone display panel market grew on the back of continued demand from handset manufacturers who expanded the application of OLED panels in mid and high-tier smartphones. The scramble to secure display panel inventory to mitigate supply challenges, is also driving demand. China Display Panel vendors especially BOE Technology, Tianma Microelectronics and TCL CSOT registered strong OLED design wins in the supply chain of China Smartphone OEMs in H1 2021.”

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Stephen Entwistle, Vice President of the Strategic Technologies Practice at Strategy Analytics noted, “We forecast the seasonal demand for high-end display technologies especially Foldable Displays, will drive further growth in the market. However, the ongoing display driver component shortages will impact the supply of key display panel products in the smartphone display panel market.”

About Strategy Analytics

Strategy Analytics, Inc. is a global leader in supporting companies across their planning lifecycle through a range of customized market research solutions. Our multi-discipline capabilities include: industry research advisory services, customer insights, user experience design and innovation expertise, mobile consumer on-device tracking and business-to-business consulting competencies. With domain expertise in: smart devices, connected cars, intelligent home, service providers, IoT, strategic components and media, Strategy Analytics can develop a solution to meet your specific planning need. For more information, visit us at www.strategyanalytics.com.

Source: Strategy Analytics, Inc.
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Service Name: Handset Component Technologies

View source version on businesswire.com:https://www.businesswire.com/news/home/20211004005590/en/

CONTACT: Report contacts:

Author: Jeffrey Mathews, +44 (0)1908 423 615,jmathews@strategyanalytics.com

European Contact: Stephen Entwistle, +44 (0)1908 423 636,sentwistle@strategyanalytics.com

US Contact: Christopher Taylor, +1 617 614 0706,ctaylor@strategyanalytics.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: RETAIL CONSUMER ELECTRONICS TECHNOLOGY TELECOMMUNICATIONS SPECIALTY HARDWARE

SOURCE: Strategy Analytics

Copyright Business Wire 2021.

PUB: 10/04/2021 09:46 AM/DISC: 10/04/2021 09:47 AM

http://www.businesswire.com/news/home/20211004005590/en