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The global PV market has encountered a freeze in demand as it enters the third quarter, and declining orders led to rising inventories for wafers, cells and modules. “Prices in different sectors of the supply chain have kept falling through July due to the lack of demand,” said Corrine Lin, assistant research manager of EnergyTrend, a division of TrendForce. “The cell prices in particular have reached their historical lows during this off season.” EnergyTrend expects the situation in the August market to turn for the worst, and demand will probably not pick up even by the end of the third quarter.
Worldwide smartphone production volume totaled around 315 million units in the second quarter, representing an 8.9% increase over the previous quarter and a marginal year-on-year increase of 3.2%, according to the latest report from the global market research firm TrendForce. Sales gradually recovered after the market endured the off season of the first quarter.
Demand for AMOLED panels has taken off as there are strong indications that Apple will introduce AMOLED display to the iPhone series in 2017. The latest research from WitsView, a division of TrendForce, anticipates that the AMOLED penetration rate in the global smartphone market will surpass 20% by the end of this year and reach 40% in 2019.
India’s lighting sector has enjoyed accelerated development recently. The scale of the country’s LED lighting market in particular is projected to expand 47.1% year on year in 2016 to US$1.14 billion, according to the 2016 Indian Lighting Market Report by LEDinside, a division of TrendForce. By 2020, the Indian LED lighting market is forecast to grow to US$1.715 billion.
The AMOLED technology is rapidly gaining acceptance in the smartphone and wearable device markets. In addition to having a wide color gamut, AMOLED panels expand the range of design options for displays because they can be made on substrates that are light, thin and flexible. On the other hand, the adoption of AMOLED in the tablet market has been tepid even though tablets also have similar weight and thickness requirements as other mobile devices. The penetration rate of AMOLED-equipped products in the total tablet shipments worldwide for 2015 was 2.5%, according to the latest research by WitsView, a division of TrendForce.
