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Technology Stocks : Research Frontiers (REFR)
REFR 2.480+1.6%Sep 25 4:00 PM EDT

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To: N. Dixon who wrote (28883)11/7/2019 11:30:23 PM
From: firstresponder1 Recommendation

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"For this year, total sales may rise to 3.6 million

Confirmation from LG in the Asia Times, three weeks ago:

LG predicts that OLED will become more popular. “Currently, a total of 15 global TV manufacturers are selling OLED TV, and an increasing number of companies are joining the group of OLED TV production.”

TV makers using OLED panels include Japan’s Sony, Toshiba, Panasonic, and Europe’s Philips, Grundig, and Bang & Olufsen.

According to LG... OLED demand... surpassed 2.9 million units in 2018. The demand is expected to reach 3.8 million units by the end of 2019.

Market research firm IHS Markit forecast that sales of OLED will increase to 7.7 million units in 2021 and 10 million units in 2022. IHS also predicts that sales of OLED TVs in the global market will account for 10.4% in 2023, up from 5.7% last year.
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