Chinese panels harming Samsung D’s smartphone display demand
On March 28, market research agency DSCC predicted that this year’s global OLED sales would be $38.7 billion, down 7% from the previous year. Since Chinese display makers selling OLEDs at cheaper prices, demand for rigid Samsung smartphone OLEDs decreasing.
According to the report, smartphone OLED shipments by the application are similar to last year, but sales are expected to decrease by 8%. Possibly, it’s because of the decrease in rigid OLED sales and the decrease in average selling price (ASP).
Smartphone OLED is expected to record 77% of shipment share and 78% of sales share in the entire OLED market this year. Smartwatch OLED is expected to account for 15% of shipments and 5% of sales. As revealed by Samsung Display, it’s expected to keep its market leadership this year as well.
Samsung D will reportedly supply OLED for all four models of the upcoming Apple iPhone 15 series, with a whopping share of 60 percent. The South Korean display maker is likely to see a three-digit YoY increase in monitor and automotive OLED shipments.
BOE’s OLED sales share is expected to rise from 9% last year to 13% this year. In the iPhone 15 series, BOE’s share was estimated at 18%. Compared to last year, DSCC explained that in the iPhone 15 series, the number of models that BOE supplies with OLED has increased to two, a regular type and a Plus.
LG Display could increase its overall OLED market share from 20% last year to 21% this year. The expected market share of LG Display in the iPhone 15 series is 22%. The OEM supplies OLED only to the Pro lineup in the iPhone 15 series.
This year, LG Display’s share in the monitor OLED market is expected to be 35% based on shipments and 35% based on sales. The company’s share in the TV OLED market is estimated to be 85% based on shipments and 81% based on sales.
TV OLED shipments are expected to decline by 12% and sales by 15%. In addition, OLED shipments and sales required for augmented reality (AR) and virtual reality (VR), vehicles, laptops, monitors, and tablets are predicted to grow.
India’s Fire-Boltt makes Apple happy with ‘sweet’ Samsung overtake
Apple leads the worldwide smartphone market, while India’s Fire-Boltt managed to surpass Samsung in the first quarter of 2023. To proceed ahead, it’s important to mention that there’s no comparison between smartwatches manufactured by Samsung and Fire-Boltt. Here’s why:
Types of smartwatches:
- HLOS smartwatch: Smartwatch running a high-level OS, such as Watch OS (Apple) or Wear OS (Samsung), with the ability to install third-party apps.
- Basic smartwatch: Smartwatch running a lighter version of an OS, with no ability to install third-party apps.
Counterpoint Research recently published its market analysis of the worldwide smartwatch market. The data revealed that Apple continues to lead the smartwatch market, while India’s Fire-Boltt surpassed Samsung for the first time in terms of numbers.
In the first quarter of 2023, Apple’s shipment volume fell 20 percent year on year. As a result, the company’s market share dropped to 26 percent, which was 32 percent in the first quarter of 2022.
For the first time, Fire-Boltt surpassed Samsung, resulting in ranking second on the global market. The Indian brand has approx 3x shipments increment compared to the previous year with 57 percent growth QoQ.
Samsung secured an incredible 15 percent shipments increment in key market North America, but a decline from other markets made it lose the runner-up position on the chart. The company’s global shipments declined by 21 percent QoQ and 15 percent YoY.
Huawei’s shipments in China declined by 14 percent YoY, but it has increased shipments in India, LATAM, and MEA, limiting its overall decline in global shipments to 9%.
Samsung controls 3/4 slice of the foldable smartphone market
Samsung owns the largest slice of the global smartphone market share, with rivals in 2nd and 3rd including Apple and Xiaomi, respectively. A recent TrendForce report reveals that Samsung controls about 70 percent (3/4) of the overall foldable smartphone market (with 13 million units shipment).
According to the data, Samsung continues to lead other brands in foldable smartphone market research and production technologies. The company already controls the largest 70 percent piece of the overall market, which would further solidify with the release of Galaxy Z Fold 5 and Flip 5 this July.
Follow our socials → Google News, Telegram, Twitter, Facebook
The South Korean tech giant is likely to unveil its next-generation Fold/Flip phones in late July and release to the market in August. The major upgrades are a significantly larger cover display on the Flip 5 and a new waterdrop hinge technology on the Fold 5.
The research agency predicts market size falling short of 1.2 billion units. However, it is estimated that foldable phones’ shipments will reach 19.8 million units in 2023, marking an impressive YoY growth rate of 55% compared to 12.8 million units last year.
Chinese brands like Huawei, OPPO, Vivo, Xiaomi, and Honor have all joined the race for foldable smartphones. Huawei’s Pocket S, released in 2022, has seen a warm reception in the consumer market, thanks to its appealing design and competitive pricing, despite being equipped with a 4G processor.
Last year, Huawei’s market share stood at around 10% and is expected to approach 20% this year. Other Chinese brands hold around 3–5% market share in the foldable smartphone sector. If they can extend their foldable devices into global channels, their sales volumes are expected to rise even further.
| Source |
Samsung sold most phones in Southeast Asia but Apple shined
Market research agency Counterpoint Research revealed smartphone shipments in 5 key countries in Southeast Asia in the first quarter of 2023 fell by 13% year-on-year. Among the top five manufacturers in Southeast Asia, Apple was the only one to achieve positive growth, while Samsung was the number one vendor.
Note: Key Southeast Asia countries/markets include Indonesia, Thailand, Philippines, Vietnam and Malaysia.
The report shows that the five Southeast Asian markets including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia were affected by a combination of factors such as sluggish demand and seasonal decline, with year-on-year decreases of 7%, 1%, 10%, 30% and 29% respectively.
Follow our socials → Google News, Telegram, Twitter, Facebook
Southeast Asia is at a stage where different consumer types are behaving in a different manners. Low-end smartphone buyers are recovering but they are not just there yet.
Mid-to-high-end smartphone buyers are holding on to their wallets and extending the ownership of their phones, while high-to-premium smartphone buyers are unaffected by the economics of the situation.
Senior Analyst @GlenCardoza writes about Southeast Asia’s five key smartphone markets that declined 13% YoY in Q1 2023.@Apple shined in a declining market with shipments increasing by 18% YoY. @Infinix_Mobile witnessed a 41% increase as the brand grew across SEA markets. While… pic.twitter.com/O648lUQ2C6
— Counterpoint (@CounterPointTR) May 16, 2023
These consumers are going out and choosing to buy the S series, foldables and iPhones. While 5G is becoming a norm, operators are coming out with creative packages and providing options for all types of smartphones.
The coming months are likely to see a bit more improvement in consumer sentiment while governments make sure that their countries remain largely unaffected by global macro issues.
Here’s the data in quick-view format:
- Samsung fell by 16% year-on-year, and its market share fell from 22% to 21%
- OPPO fell by 10% year-on-year, and its market share increased from 19% to 20%
- Vivo fell 26% year-on-year, and its market share fell from 17% to 14%
- Xiaomi fell by 13% year-on-year, and its market share remained at 14%
- Realme fell 5% year-on-year, and its market share increased from 11% to 12%