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Value of Market for Hinges Used in Foldable OLED Smartphones Will Surpass US$500 Million for 2023; KH Vatech and Amphenol Are Main Suppliers, Says TrendForce

16 January 2023

Annual global shipments of foldable smartphones are projected to climb from around 12.8 million units for 2022 to around 18.5 million units for 2023, says TrendForce in its latest report on the market for OLED displays. Among the key components for a foldable smartphone, hinges play a critical role in determining the cost of the whole device. In a foldable smartphone, hinges are responsible for the durability or flex life of the foldable display, the visibility of the fold crease on the display, the feel of flipping the device, and many other functions that are vital to user experience. In other words, the quality of hinges will directly affect consumers’ willingness to purchase a foldable smartphone. With the penetration rate of foldable models rising in the smartphone market, the value of the global market for hinges used in foldable OLED smartphones will rise by 14.6% YoY to above the level of US$500 million for 2023.

Shipments of TV Panels Are Projected to Drop by 2.8% YoY for 2023 as Sluggish Economy Affects TV Sales, Says TrendForce

11 January 2023

The ongoing Russia-Ukraine military conflict and high inflation will continue to affect the global economy and politics during 2023. The recent decline of the global economy, in particular, has significantly dampened the outlook on sales of whole TV sets since the performance of the TV market primarily depends on consumer demand. Therefore, TrendForce projects that shipments of TV panels will fall by 2.8% YoY to a total of 264 million pieces for 2023.

Demand for Display Driver ICs Will Rise over Quarters in 2023 as Panel Industry Recovers from Slump, Says TrendForce

10 January 2023

According to TrendForce’s analysis of the supply chain for display panels, demand slowed dramatically in 2Q22 and thereby caused inventory level to rise sharply for display driver ICs (DDIs) within a short period. However, the market for DDIs is in a notably better state now in 1Q23 following two to three quarters of price decline, reduction in wafer input, and inventory consumption. Moreover, the first quarter is the critical period when DDI suppliers set their wafer input quantities. In order to effectively meet the demand for 2H23, DDI suppliers will need to finish arranging orders with their foundry partners by the end of 1Q23.

LCD Monitor Shipments Are Estimated Around 135 Million Units for 2022 and Will Return to Pre-Pandemic Level for 2023, Says TrendForce

5 January 2023

TrendForce projects that LCD monitor shipments will return to the pre-pandemic level, coming to around 127 million units and registering a YoY decline of about 5.8%.

Shipments of Monitor Panels Are Projected to Show YoY Decline of 8.8% for 2022 and Diminished YoY Growth of 5.8% for 2023 Due to Turbulences in Global Economy and Politics, Says TrendForce

29 December 2022

Shipments of monitor panels have fallen over the quarters this year due to various factors that have caused disruptions across the global economy and politics. TrendForce projects that shipments of monitor panels will total just around 158 million pieces for 2022, showing a YoY decline of 8.8%.

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