LTPS TFT LCD production capacity will have a CAGR of 19.8% from 2014-2017 compared with a 30.3% CAGR from 2011-2014, with China makers ranking number two globally as of 2017 in terms of overall capacity, according to Digitimes Research.
The technology has been a major choice for vendors looking to push high-resolution, large-size handsets in the market, and Japan makers have been leading the way due to their long-standing history in developing the technology.
However, as China makers have been unleashing new capacity at 8.5G fabs their rankings in terms of LTPS TFT LCD production capacity will increase to number two, with BOE, China Star Optoelectronics Technology (CSOT) and Tianma Microelectronics as the main suppliers.
China makers are also expanding their AMOLED solutions in preparation to meet increasing demand for 5-inch and above size smartphones in the future, added Digitimes Research.