In Q2 2024, the global flexible OLED panel market shipments reached 160 million pieces, a significant increase of 39.9% year-on-year

In Q2 2024, the global flexible OLED panel market shipments reached 160 million pieces, a significant increase of 39.9% year-on-year

In the second quarter of 2024, the global flexible OLED panel market shipments reached 160 million pieces, a significant year-on-year increase of 39.9% and a month-on-month increase of 17.5%, accounting for 72.2% of the overall OLED smartphone panel market. Among them, the shipments of domestic flexible OLED panels were about 94 million pieces, a year-on-year surge of 79.0%, which was particularly impressive . With the increase in orders for domestic flexible OLED panels, the market share of domestic manufacturers is growing rapidly, accounting for 58.9%, surpassing Korean manufacturers for the first time .

BOE and CSOT ranked first and second among domestic brands with market shares of 28.1% and 26.7% respectively.

At the same time, Samsung's market share dropped to 1.8%, and the localization rate of domestic flexible OLED panels increased to 98.2% .

Although BOE's market share has declined year-on-year, it still maintains its leading position in the industry.

Huaxing's market share increased significantly, up 12.2 percentage points year-on-year.

In addition, Tianma and Visionox also occupied 23.8% and 19.6% of the market share respectively.

Zikuai Technology

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