DisplaySearch Lowers OLED Revenue Forecast to $4.6B in 2010
Thursday, June 8th, 2006has updated its 2006 OLED Technology Report, a comprehensive examination of the fledgling OLED industry, which reached revenues of $491M in 2005, up 8% Y/Y, and unit shipments of 55.8M, up 72%. Updates are due to a number of recent changes affecting the OLED industry:
* Liquidation of SK Display
* TMDisplay and Seiko Epson de-emphasizing commercialization of AMOLEDs
* Pioneer closing its ELDis JV and the concurrent end of its AMOLED activity
* Sharp reduction in small/medium panel ASPs due to over capacity in TFT LCDs
* Continuing difficulty in using LTPS backplanes for AMOLEDs
One of the unique features of the report is a forecast of the OLED capacity as shown in Table 2 by active, passive, SM and P-OLED technology and the associated organic material usage in weight and in revenue, differentiated by emitting and conducting layers for both small molecule and P-OLEDs. The organic material is forecast to grow from $220M in 2005 to $549M in 2010, driven by the increased capacity of the AMOLED display makers.
*Includes material used in production and R&D facilities for 2” displays