The OLED display market will soar next year by 334% to US $ 94.8 million

According to foreign media reports, the flexible OLED display market will usher in strong growth next year. It is expected that this market will reach US $ 21.9 million in 2013 and may soar by 334% to US $ 94.8 million next year.

According to market research company HIS, flexible OLED displays have received increasing market attention. The market is expected to reach USD 94.8 million by 2014, an increase of 334% from USD 21.9 million this year.

OLED displays are known for their excellent image quality. The emergence of flexible OLED displays has brought more opportunities for equipment manufacturers to allow them to add more new hardware design elements to their products.

Samsung demonstrated its Youm-brand flexible OLED display earlier this year. It is expected that it will start selling the first flexible OLED display within the year.

HIS said that the flexible OLED display may encounter some obstacles in the future, because the production process of this display is more troublesome, and even Samsung has not yet finalized its best manufacturing method. Vinita Jakhanwal, head of mobile and new displays at HIS, said that that could ultimately affect the fate of flexible OLED displays.

Jakhanwal said: "The various new technologies being developed can be described as endless, they will accelerate the upgrade of flexible displays. The success of the flexible OLED market will ultimately depend on the quality of materials and manufacturing processes."

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