DSCC Sees Display-Equipment Spending Declining 29% in 2019, Rebounding in 2020
Global spending on display-production equipment is expected to decline 29 percent this year to $15.2 billion on poor utilization of mobile OLED fabs utilization, said Display Supply Chain Consultants Monday. A strong rebound is forecast for 2020, when spending increases…
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36 percent to $20.7 billion, DSCC said. That would be the third highest spending year on record. The researcher expects mobile OLED equipment spending to rise 461 percent next year to $8.2 billion, after declining 88 percent in 2019: “We also see TV spending falling only slightly to $12.5B, down just 9% after a record $13.7B in TV spending in 2019. Thus, TV fab spending will lead mobile spending with a 60%-40% advantage, while OLEDs will lead LCDs with a 56% to 44% advantage.” China’s share of equipment spending will remain “dominant” next year at 84 percent, though down 10 points from 2019, said DSCC.