According to the latest report, Samsung Display expects that the foldable mobile phone market will explode in the future. In order to cope with the growing demand for OLED panels, the company plans to increase the production target of foldable OLED screens from an annual increase from 17 million to 25 million.
Moreover, Samsung is still the brand with the largest shipment of folding screen mobile phones, but as many Chinese manufacturers have successively launched folding screen models, Samsung’s market share will decline.
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OPPO officially released the OPPO Find N foldable-screen phone on December 15th. Its 7.1-inch foldable inner screen is made by Samsung, uses E5 luminous material, and supports a 1Hz-120Hz adaptive refresh rate.
Furthermore, Huawei’s P50 Pocket folding screen mobile phone will also be released in the near future, and its folding screen is expected to be provided by BOE.
Besides, the POL-Less non-polarizing film OELD panel developed by Samsung Display is expected to be supplied to Huawei’s Mate X series of new folding screen models, and the product is expected to be launched in the first half of 2022.
Market research company Omdia predicts that the shipment of foldable OLED panels will increase from 10 million in 2021 to 66.61 million in 2025, with an average annual growth rate of 61%.
