DisplaySearch expects OLED revenues will exceed $0.7B for 2008
Displaysearch reportet that OLED technologies generated 0.5% of FPD sales with revenue growth of 13% Y/Y to $0.1B. For 2007, DisplaySearch expects OLED revenues will exceed $0.7B. For 2008, DisplaySearch predicts OLED sales could more than double to $1.7B. The report predicts that PDP sales will stay flat from 2007 to 2008 as price decreases offset shipment increases.
According to David Barnes, VP of Strategic Analysis at DisplaySearch, "The visual impact of organic LED displays has always been exciting, and now they are going into real products, even an 11" TV set. The OLED industry has a lot of infrastructure to develop, however. OLED will not challenge LCD TV in the mid term. Despite this, the delay of a single mobile phone product launch can affect our forecast. The OLED business will grow product by product over the coming years. The good news for producers is that OLED is selling at a premium to TFT LCD as supplies remain tight."
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