By application on a revenue basis, smartphones gained share in Q4’17, reaching 90.2% of the smartphone market at $7.95B. For the year, smartphones accounted for $20.3B out of the $23.2B market or 87.4%, up from 86.7% the prior year.
OLED TV panel revenues rose 35% Q/Q and 51% Y/Y in Q4’17 to $438M and a 5.0% share, down from 6.0% in Q3’17. For the year, OLED TV panels were the second largest OLED application on a revenue basis with a 5.6% share and generated $1.3B in revenues, up 49% Y/Y.
Smart Watch panels were the 3rd largest application in 2017 with a 3.2% share. No other application accounted for more than a 2% share due to the dominance of smartphones. On an area basis, it was much closer with smartphones leading with a 64% to 33% advantage over TVs for 2017.