Omdia (IHS Markit) updated its forecast for the 2020 OLED market - and the company now sees the market contracting 1.2%, to 465 million panels, as demand for high-end smartphones is falling.
In April 2020, Omdia saw an increase of 9% in demand for OLEDs - 512 million panels, up from 471 in 2019, even though it already forecasted a fall in demand for smartphone.