IHS Markit: LCD investment expected to end in 2022

Global companies will become more cautious about investing in LCD panels starting in 2022, and suppliers who originally produce LCD-related devices will have to change their main business areas, according to a new forecast from IHS Markit, a market research firm. According to IHS Markit, investment in LCD panels will be officially terminated when BOE and ChinaStart 10.5-generation panel lines are put into operation.

IHS Markit: LCD investment expected to end in 2022

On the other hand, investment in OLED will surge. IHS Markit says up to $8bn will be invested in the industry over the next five years. Chinese panel companies are likely to invest heavily in sixth-generation flexible OLED, Y-OCTA and TFE technologies, and the cost of inkjet printing equipment will increase.

The research company also said that the investment needs for mass production mainly from Samsung Electronics, JOLED and chinastar, and for research and development investment, BOE and AU Optoelectronics will be the main players.

IHS Markit: LCD investment expected to end in 2022

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