The market shares of different display panel technologies used in smartphones have largely been affected because of the diminishing global production of handsets due to spread of Covid-19 pandemic, according to a TrendForce report. Now, as smartphone brands are proactive in adopting AMOLED panels for their phones, the penetration rate of AMOLED phones in the overall smartphone market is projected to increase from 31.0% in 2019 to 35.6% in 2020. On the other hand, the penetration rate of TFT- LCD phones (including those with LTPS or a-Si panels) is projected to undergo a yearly decrease.
The growing influence of Chinese panel manufacturers will likely result in China occupying 35% of global AMOLED production capacity in 2020.
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