Digitimes: Chinese OLED makers to more than double their OLED capacity each year between 2016-2020

According to Digitimes Research, OLED display makers in China will increase their total annual capacity from 272,000 m² in 2016 to 7.86 million m² in 2020 - a CAGR or 131.9%.

The largest producer in 2020 will be BOE Display (35% of the Chinese OLED market), followed by Tianma (17.6%), Visionox (14%), Everdisplay (11.6%), CSoT (9.5%), Truly (7.8%) and Royole (4.5%).

Korea will remain the world's largest OLED producer, with over 15 million m² annual capacity in 2020 (up from 4.95 million m² in 2016, a CAGR of 32.3%). For an overview of the Chinese and Korean OLED production industry, check out our State of the AMOLED industry article from October 2016.