Samsung occupies more than half of the smartphone display market

Samsung Display has maintained its first place in the global smartphone display market. According to Strategy Analytics, a South Korean company led the market in the first quarter of 2020.

Total market revenue increased by 3% year on year. Over this period, revenue from the display market amounted to 9 billion US dollars. The report also showed that OLED panels were the market leaders, while LCD panels faced declining demand and an overabundance of finished products.

Samsung Display, being the largest supplier of OLED screens in the world, has been successful due to the growing popularity of such screens in the smartphone industry. In the first quarter, Samsung Display occupied 52% of the global smartphone display market.

BOE Technology and Tianma Microelectronics rank second and third in the smartphone screen market.

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