Global OLED Displays Output Keeps Rapid Growth

Samsung, LG and Panasonic have unveiled OLED displays at CES in Las Vegas. Promoted by them, OLED industry is still in the stage of steady development, but the market for OLED displays is apparently growing rapidly.

According to Research and Markets, in 2011 the OLED displays output worldwide more than tripled compared to the previous year to approximately $3.3 billion.

And it predicts that worldwide output is expected to reach $6.7 billion in 2012, more than double the 2011 figure. The shipment of OLED display panels around the globe reached 190 million pieces in 2012, with the share in medium and small-sized display screens climbing up to 8.4%.

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