Mobile phone displays overtaking TV screens

Mobile phone displays overtake TV screens in 2017. Mobile phone displays market around the world are projected to overtake TV screens for the first time this year as consumer demand changes. Display sales related to mobile phones have increased, while TV screen sales contract about 8 percent per year during the 2010-2016 period.

Tinuku Mobile phone displays overtaking TV screens

London-based analytics and consulting services firm IHS Markit reported mobile phone displays growth averaging 17 percent annually in the past seven years and effectively bridges the gap with TV screens that traditionally lead the market.

The latest prediction shows sales of mobile displays will reach US$46.56 billion compared to US$41.25 billion in sales of TV screens that include light-emitting diodes (LED) and organic light-emitting diodes (OLEDs).

The increase in mobile display is directly related to the emergence of smartphones and the advancements made in the ultra high definition panel that have been on mobile devices ever since.

Apple's iconic iPhone was first launched in 2007 and Samsung Electronics's Galaxy S uses the Android platform in 2010. Both companies continue to dominate the global smartphone market.

The mobile display is on solid growth with sales reaching 3.24 billion units this year and increasing to 4.62 billion for the next five years. Growth that allows the display of mobile phones more advanced from the TV screen.

The market for mobile displays is fueled by cutting edge, premium OLEDs and flexible panels being introduced. The flexible display market growth of US$3.13 billion last year is expected to have a US$20 billion market by 2020.