According to UBI Research, the OLED tablet panel market is set to grow quickly, more than doubling between 2024 (12 million units expected) to 2028 (28.4 million). That's a CAGR of 24.1%.
UBI says that the market in 2023 was only 1.8 million panels - so growth in 2024 will be dramatic (almost 7X), mostly thanks to Apple's adoption of OLEDs in some of its iPad modules (expected to be announced next month). Samsung will produce 11" panels for Apple, while LGD will produce larger 12.9" panels.
Apple's iPad introduction has actually been delayed by 2 months, as Samsung is struggling with low production yields of the tandem panels. It will remain to be seen whether Apple will indeed be able to launch its OLED iPads next month.
Posted: Apr 04,2024 by Ron Mertens
