OLED panels accounted for tiny 2.6% of the market in Q1 2021, according to consultancy TrendForce, thanks to a reduction in the price differential between OLED and LCD. At the same time, in the same period, the share of 8K LCD-panels fell to 0.2%, since they were not very profitable for manufacturers and at the same time the demand was several times lower than their expectations.

Chinese panel suppliers accounted for 58.3 percent of the market, up 5 percent from the first quarter of 2020, thanks in large part to an increase in the number of production lines, TrendForce reports. Taiwan suppliers, on the contrary, lost 2.2% - their share fell to 21.1%. The reason is the lack of growth of the corresponding industries and even a change in the profile of activities from the production of TV panels to the production of other IT products. Korean suppliers slashed shipments to 14.3% after Samsung Display closed its Korean factories L7-2 and L8-1-2 and sold its plant in China's Suzhou province to CSOT. Finally, the share of Japanese suppliers rose to 6.3%.