iPad adopts OLED to drive rapid growth of flat panel display market

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A report from South Korea’s UBI Research pointed out that with Apple’s plan to adopt OLED technology on the iPad, the tablet market will usher in growth.

It is expected that by 2028, OLED panel shipments will reach 28.4 million units, with an average annual growth rate of 24.1%. The tablet OLED market is expected to surge 6-7 times to 12 million units in 2024, mainly due to Apple’s adoption.

Samsung and LG Display produce OLED panels for the 11-inch and 12.9-inch iPads respectively. Panel manufacturers are also expanding the application scope of OLED and investing in the construction of IT production lines to meet future demand.

(Source: displaydaily Image source: freepik)

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