Samsung has been the top display maker in the world the first quarter of the year, raking in $3.5 billion of revenue accounting for 27.2% of global market share for smartphone displays or displays under 9 inches. This is all according to industry firm IHS Markit, the Korea Herald reports.
Sales revenue is up from Q1 2016 as the demand for more expensive curved/flexible OLED panels rose in demand over the past year. While Samsung dominated the $13 billion industry, Japan Display followed with 17.8% share of the market, with LG Display Co. and Chinese BOE Technology Group trailing behind the top two.
Samsung Galaxy S8
Analysts are impressed with the numbers considering the first quarter is considered to be “off season” in the industry. Though, that must have changed in the past couple of years as Samsung’s “S” flagship phones with curved displays became the shining stars of the first quarter of the year.
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