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Oled smartphones conquer the world

Big first quarter for the distribution of Oled screen smartphones worldwide, predicting good growth for the whole year.

According to the latest estimates from DSCC published a few weeks ago, the first quarter of 2024 saw a 50% growth in the distribution of [abc]Oled[/abc] screen smartphones compared to the same period in 2023. Turnover, for its part, increased by 3% over the same period.

Oled smartphone market, DSCC forecasts££££

For the whole of 2024, DSCC forecasts a 21% increase in volume and a 3% increase in value for the Oled smartphone market, compared to 2023. Zooming in on the different categories of Oled smartphones, DSCC estimates that foldable models will increase by 26%, rigid models by 46% and flexible models by 13%. On the brand side, Apple will lead the way in 2024 with a 29% market share in volume and 50% of revenue.

The word to David Naranjo, Senior Director at DSCC££££

“In 2024, we expect double-digit growth for Oled smartphones due to the reduction in the average selling price of displays and the improvement, albeit cautious, of the macroeconomic environment during the first quarter of 2024 compared to our estimates, notes David Naranjo, Senior Director at DSCC. The latest economic indicators show that the inflationary environment is stabilizing, indications point to a strong ramp-up and momentum for a super cycle fueled by AI and new models from Samsung, Apple and others.”