The application market of OLED screen is not limited to smart phones. OLEDs are also widely used in TV panels, smart wearable devices, tablet computers, AR / VR, automotive panels and the like due to their slimness, flexibility, high contrast and low power consumption.

   OLED industrialization to speed up the process of investment in the future will welcome the peak. Recently, iPhone X China ushered in the first pre-sale, microblogging users microblogging broke the news that the iPhone X China 5-hour orders have been broken 550 million units, the transaction volume of more than 460 billion. Although there are people in the industry that this figure does not fly, but the iPhone X is undoubtedly the most recent mobile phone products.

   With the iPhone X large-scale adoption of OLED screen, OLED mobile terminal demand is expected to quickly release. The industry believes that, with a number of listed companies are actively promoting the mass production of OLED panels, OLED industrialization accelerated.

   In 2016, OLED screen penetration in smart phones reached 20%, the market size of 15 billion US dollars. According to market expectations, iPhone X use OLED screen, taking into account the iPhone's industry influence, OLED screen application market will be fully open, the future demand for space is very broad. OLED screen penetration in smart phones in 2020 is expected to climb to 65%, the market size reached 67 billion US dollars.

   OLED panel market size forecast

   In addition, the application market of OLED screens is not limited to smartphones. OLEDs are also widely used in TV panels, smart wearable devices, tablet computers, AR / VRs, automotive panels, etc. due to their slimness, flexibility, high contrast and low energy consumption field. According to the "OLED Industry Market Forecast Analysis Report" released by Forward Industry Research Institute, the global OLED shipments will reach 900 million by 2020, 2.5 times of the 2015 shipments and a compound annual growth rate of 20%.

   OLED terminal shipments measured

   China's current OLED panel plant yield of about 50% integrated, 60% yield rate of break-even point takes about 12-18 months time. It is expected that by the fourth quarter of 2017, the domestic panel plants will complete the ramp-up of the yield as a whole and will soon enter the phase of expansion of production scale after reaching breakeven to achieve the sound development of domestic OLED panels.

   The next three years, OLED production line will usher in the construction of investment peak, the panel of large-scale capital spending stimulus, equipment manufacturers are expected to receive bulk orders. Due to the lack of key materials and core equipment, the upstream facilities have become the "short board" for the development of the LCD industry in the Mainland. The relevant fields of liquid crystal materials, optical components and basic components necessary for the production of LCD panels are still in their infancy.

   There are still some prominent problems in China's display industry. For instance, the overheating trend of industrial investment is obvious. The overall industrial innovation capability needs to be further improved. Many materials and equipment are still dependent on imports. The system of domestic industrial ecological chain is not complete.