DSCC says that QD displays (QD-OLED and QD-LCD) will continue to grow, with area growth of nearly 15% in 2023. The largest application for QD displays by far is TV, with 15.6 million QD-enhanced TVs to ship in 2023.
Regarding QD-OLED panels, DSCC notes that the only producer today is Samsung Display, that has a converted LCD line with plans to reach a capacity of 45,000 8.5-Gen substrates per month by 2025. The company did not yet commit to further investments. QD-OLED production, by area, will reach 1.7 million square meters in 2025. QD-LCD panel area will reach 23 million square meters in the same year.
DSCC says that QD-OLED display require a much higher amount of QD materials, and it estimates that 28% of revenues for quantum dot materials will come from the QD-OLED supply chain, even though that by area it represents less than 10% of the market.