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Global Foldable Phone Shipments to Reach 17.7 Million in 2024, Yearly Increase Slows to 11%, Says TrendForce

2024/02/21

Display

TrendForce reports that global shipments of foldable phones reached 15.9 million units in 2023, marking a 25% YoY increase and accounting for approximately 1.4% of the overall smartphone market.

Press Releases
Intense Competition in DDIC Supply Market Expected in 2024, with Continued Pressure on Prices, Says TrendForce

2023/12/21

Display

TrendForce’s latest investigations forecast an exciting yet challenging year for the DDIC market in 2024. With prices in 2023 mostly stabilizing or showing a slight decline, the upcoming year is poised for a transformative shift.

Press Releases
Shipments of Smartphone Panels Are Forecasted to Drop by 9% YoY for 2024 Due to Weakening Demand Related to Second-Hand Smartphones and Device Repair, Says TrendForce

2023/09/28

Display

TrendForce projects that shipments of smartphone display panels (smartphone panels) will reach approximately 1.85 billion pieces in 2023, reflecting a YoY increase of 8.7%.

Press Releases
Foldable Smartphone Market Penetration Estimated at 1.6% in 2023, with Potential to Exceed 5% by 2027, Says TrendForce

2023/09/13

Consumer Electronics

TrendForce’s latest insights reveal that by 2023, shipments of foldable smartphones could skyrocket to an impressive 18.3 million units, marking a 43% YoY surge. However, this only captures a slim 1.6% of the year’s total smartphone market.

Press Releases
Automotive TDDI Shipments Predicted to Surge by 54% in 2023 Amid Rising Automotive Panel Demand, Says TrendForce

2023/07/19

Display

TrendForce predicts that the shipment quantity for automotive panels will cross the 200 million mark in 2023, reaching an estimated 205 million units—a 5.1% YoY growth.

Press Releases
Foldable Smartphone Shipments Expected to Soar by Over 50% YoY, Reaching 19.8 Million Units in 2023, Says TrendForce

2023/05/24

Display

According to TrendForce "AMOLED Technology and Shipment Tracker" that the continuing global economic downturn continues to exert pressure on the smartphone, with this year’s projected market size falling short of 1.2 billion units.

Press Releases
Display Driver IC Prices Predicted to Stabilize in 2Q23 as Demand for Panels Grows QoQ, Says TrendForce

2023/03/22

Display

The prices of large-sized DDIs have been resistant to falling as it’s too difficult for wafer prices to return to their pre-pandemic levels. The ASP of DDIs is expected to remain level throughout 2Q23 or dip slightly by 1–3%.

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

2023/01/10

Display

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.

Press Releases
Penetration Rate of Smartphones with OLED Display Is Rising Annually and Will Reach 50.8% in 2023, Says TrendForce

2022/11/30

Display

The adoption of the OLED display technology among smartphones is on a gradual rise. According to TrendForce’s latest research, the penetration rate of smartphones that feature an OLED panel (regardless of whether the OLED panel is the rigid, flexible, or foldable type) is projected to climb from around 47.7% in 2022 to 50.8% in 2023. Then, by 2026, the penetration will climb above 60%.