Market share of mobile OLED panel released in the third quarter: Samsung, JD.com Fang and Vicino ranked in the top three.

Thanks to CTOnews.com netizens pigeon for delivering the clues of Yong Zhi! CTOnews.com, Nov. 9 (Xinhua)-- according to market research firm Stone Partners, mobile OLED panel shipments fell 18.6% year-on-year to 137.2 million in the third quarter.

Photo: Stone Partners reported that Samsung display (SDC) mobile OLED panel market share was 62.9% in the third quarter. During this period, Samsung display shipped 86.3 million mobile OLED panels, holding the No. 1 position, but its market share fell 5.9 percent from 68.8 percent in the previous quarter and more than 10 percent from 73.8 percent in the same period last year. In this regard, Stone Partners explained that the sharp decline in shipments of its rigid OLED panels led to a decline in the overall share.

CTOnews.com learned that BOE ranked second, shipping 21 million mobile OLED panels during this period, with a market share of 15.3 per cent. By providing panels for Apple's iPhone 13 and iPhone 14 and Huawei's Mate 50, the company's market share has increased significantly. BOE's market share was 11.3% last quarter, compared with 9.9% in the third quarter of last year.

Vicino's market share has also increased significantly. During this period, the company shipped 10 million mobile OLED panels, accounting for 7.3 per cent. Vicino's market share was 6.9% last quarter, compared with 3.8% in the third quarter of last year.

LG Display ranked fourth, shipping a total of 7.3 million panels and a market share of 5.3 per cent. LG Display's market share increased slightly from the previous quarter (5.2 per cent), but declined from 6.1 per cent in the same period last year. Stone Partners explained that LG Display is directly affected by changes in Apple's demand because it is heavily dependent on Apple.

In addition, Hehui Optoelectronics ranked fifth with 4.0% share, while Huaxing Optoelectronics ranked sixth with 3.2% share. Tianma panel, which ranked No. 7, shipped a total of 2.9 million pieces, with a market share of 2.1%. In the third quarter of this year, the market shares of Hehui Optoelectronics, Huaxing Optoelectronics and Tianma all increased compared with the previous quarter and the same period last year.