Let's get flexible--wearable devices to fuel demand for flexible displays
Demand for wearable mobile devices is expected to spur shipments of flexible displays, according to the latest stats from ABI Research.
Smartwatches and wearable mobile health devices in particular will likely incorporate flexible display technology over the next couple of years, predicts ABI.
Another key application for flexible displays is the use of them as secondary displays in smartphones, tablets and phablets--large smartphones that combine smartphone and tablet functionalities. ABI predicts more than 6 percent of annual phablet shipments will include flexible displays in 2015.
"Samsung's YOUM technology (flexible display) has been highly publicized and it is clearly understandable why people can see the 'Wow' factor in the technology. Nevertheless, the use of the technology in smartphones and tablets is still unlikely to become hugely popular in the next 12 months. There are a number of questions that need to be addressed. First and foremost, how useful is a flexible display on a mobile device like a smartphone?," commented senior ABI analyst Joshua Flood.
Samsung first unveiled the YOUM technology at the Consumer Electronics Show in January of this year and LG followed suit with its flexible display technology in June, announcing that it would begin mass production of flexible displays by the fourth quarter.
In July, TechNavio estimated that the global flexible display market would increase at an aggressive compound annual growth rate of 45.4 percent through 2016, driven by demand for flexible-display smartphones and tablets.
Earlier this year, research firm Visiongain estimated that the market for flexible device displays will reach $230 million in 2013 with flexible screens becoming the "benchmark technology" for mobile devices by the end of 2018.
Samsung, LG, Corning working on flexible displays that could hit market this year
The flexible future of mobile devices
Market for flexible screens on mobile devices to reach $230 million this year, says Visiongain