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Business

OLED supply seen staying tight for at least 2 years

Production still catching up to demand for high-definition smartphone screens

TOKYO -- Organic light-emitting diode panels for smartphones are likely to remain in tight supply until 2019 or later, as output falls behind growing demand for the high-resolution screen components.

Global demand for the panels probably will grow 44% this year to 530 million units, estimates U.S. survey company Display Supply Chain Consultants. But supply will rise just 5% higher from that figure -- half of the 10% margin that indicates breathing room for shippers.

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