China was the largest buyer of OLED display panels for smartphones in the second quarter of this year, accounting for 52.5 percent of the total, according to a new report from UBI Research.
In comparison, South Korea accounted for 35 percent in the second quarter of this year. The United States managed to get 8.3 percent of the total.
Smartphone makers are increasingly using OLED screens instead of LCD panels. In the second quarter, companies from China bought a total of about 30.4 million OLED panels, the report said.
Huawei was the leading brand in providing OLED panels for smartphones, accounting for 53.4 percent. It was followed by OPPO, Vivo, and Xiaomi with 18.6 percent, 14.8 percent, and 8.3 percent, respectively.
The report added that Chinese OLED panel makers will continue to increase production in the future.
OLEDs are preferred over LCD panels because of their thin, light form factor and better color performance.
OLEDs also allow for flexible display sizes, allowing manufacturers to innovate designs.
Chinese panel maker demonstrates tablet display with 240 Hz refresh rate