OLED Panel Market Shows Mixed Q1 2025 Results

OLED panel revenues grew modestly at 2% YoY in Q1 2025, but the industry faces headwinds from declining average selling prices (ASPs) that will keep full-year revenue growth flat despite healthy unit shipment increases. Revenue growth of 2% YoY in Q1 2025 represented a recovery from a 3% decline in Q4 2024, while unit shipments showed strong 4% YoY growth driven by TVs, tablets, monitors, and smartphones. The full-year outlook anticipates 4% unit growth, but revenues will remain flat due to falling ASPs.

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