OLED panel shipments are expected to increase 7.3% year-on-year (YoY) to 110.11 million units or 42.1% YoY to ¥92.4 billion (approx US$893 million) in fiscal 2008, according to the results of a survey conducted by Yano Research Institute Ltd, a Japanese research firm.
Shipment value is growing faster than the volume, reflecting the full-fledged establishment of the market for active matrix panels, which have high added value and high unit prices, according to the firm.
Yano Research estimated shipments of active matrix OLED panels to grow 705.9% YoY to 16.118 million units or 632.0% YoY to ¥41.355 billion in fiscal 2008. The key factor behind the market's rapid growth is the Japanese telecommunication companies and major mobile phone manufacturers around the world that have employed active matrix panels as the main panel for their handsets, the firm said.
Most active matrix panels are currently used as the main panel of mobile phones. Other applications include TVs, car navigation systems and digital photo frames. These applications are expected to sustainably grow, and other applications including notebook PCs with a medium-size panel are expected to emerge. Yano Research forecast shipments will rise 46.4% YoY to 56.4 million units or 38.0% YoY to ¥136.523 billion in fiscal 2010.
Shipments of passive matrix OLED panels are, on the other hand, estimated for a 6.6% YoY decline to 94 million units or a 13.9% YoY drop to ¥51.07 billion in fiscal 2008. Their market is contracting compared with the preceding year partly because some major panel manufacturers stopped shipping passive matrix panels in fiscal 2007.
Most passive matrix panels are currently used as the sub panel of mobile phones and MP3 players, but a small amount started to be shipped for use in lighting equipment from fiscal 2007, Yano Research said.
In addition, there is relatively new demand emerging for passive matrix panels for use in, for example, the main panel of mobile phones, printers and digital cameras, according to Yano Research. As a result, the company forecasts shipments of passive matrix panels will rise 16.8% YoY to 126.2 million units or 12.4% YoY to ¥63.1 billion in fiscal 2010.
The overall OLED panel market is likely to maintain double-digit YoY growth in and after fiscal 2009. The company predicted a 24.6% YoY increase to 182.6 million units or a 28.7% YoY rise to ¥199.623 billion for fiscal 2010. Aided by this favorable growth, active matrix panels will account for about 68% of the overall shipment value in fiscal 2010, Yano Research forecasts.

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