DSCC Sees Display-Equipment Spending Declining 29% in 2019, Rebounding in 2020
Global spending on display-production equipment is expected to decline 29 percent this year to $15.2 billion on poor utilization of mobile OLED fabs utilization, said Display Supply Chain Consultants Monday. A strong rebound is forecast for 2020, when spending increases…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
36 percent to $20.7 billion, DSCC said. That would be the third highest spending year on record. The researcher expects mobile OLED equipment spending to rise 461 percent next year to $8.2 billion, after declining 88 percent in 2019: “We also see TV spending falling only slightly to $12.5B, down just 9% after a record $13.7B in TV spending in 2019. Thus, TV fab spending will lead mobile spending with a 60%-40% advantage, while OLEDs will lead LCDs with a 56% to 44% advantage.” China’s share of equipment spending will remain “dominant” next year at 84 percent, though down 10 points from 2019, said DSCC.