Concerns over contracting consumer demand over the near term may grab headlines today, but slower growth may be a long-term trend in the flat-panel market,” stated David Barnes, DisplaySearch strategic analysis VP.

“While less than 40 thousand OLED units for TV applications may ship this year, DisplaySearch foresees potential for 126 percent compound annual growth in OLED TV panel demand over the next seven years,” Barnes said. “In addition, expectations for demand growth from mini-note PC applications remains high as consumers around the world are embracing smaller, lower-cost notebooks.”

DisplaySearch said it expects OLED display and electrophoretic display (EPD) shipments to grow at compound annual rates of 20 percent and 15 percent, respectively, over the next seven years.
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