Challenges And Opportunities Of IGZO Panels

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IGZO (Indium Gallium Zinc Oxide) TFT (Thin Film Transistor) panel, hereinafter as IGZO panel, has potential advantages over a-Si (Amorphous Silicon) and LTPS (Low Temperature Polycrystalline Silicon) ones, including high resolution, low power consumption, transparency and higher suitability for large area processes. IGZO TFT panels can be used in smartphones, 2-in-1 tablets, wearables, TVs, and digital signage. Despite possessing the solution to meet market needs, however, its market penetration remains low three years after Sharp produced the first IGZO panel in 2012. This report takes an in-depth look of characteristics of IGZO panels and discusses the challenges and opportunities facing in the development of IGZO panels.

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Table of Contents
1.Development of IGZO Panel Technology
2.Development of Major Players in IGZO Panel Industry
2.1 Development Trends of IGZO
2.2 Japanese and Korean Vendors Lead in IGZO Technology
2.2.1 Sharp
2.2.2 LG Display
2.2.3 Samsung Display
2.2.4 Taiwanese and Chinese Display Vendors
2.3 Rapid Growth in Production Capacity Has Led to Greater Coverage of All Display Sizes
3.Challenges of IGZO Panels in End User Devices
3.1 Most Display Vendors are Only Testing the Waters, Bringing Little Value to the Market
3.1.1 Sharp and LGE Lack the Force to Drive Growth of IGZO Market13
3.1.2 IGZO Adoption in Higher End and Niche Products Makes Only Insignificant Market Share
3.1.3 Fewer Branded Vendors Following Apple’s Lead Due to Low-price Trends in Tablets
4.Opportunites of IGZO Panel in End User Devices
4.1 Smartphones
4.1.1 Need for Longer Battery Life May Lead to Demand for LCD (IGZO)
4.2 Tablets
4.2.1 LCD (IGZO) Players Can Seek Opportunities in The Higher-End 2-In-1 Tablet Market
4.3 Notebook PCs
4.4 TVs and Other Larger Area Displays
4.4.1 LCD (IGZO) is Favored over A-Si Displays in 120Hz Displays with 4K Resolution
4.5 Wearables and VR Headsets18
4.5.1 AMOLED (IGZO) Can Support Higher Product Specs, But Have Yet to Start Production
4.6 Flexible Displays (Next Generation Displays)
4.6.1 The Emergence of Flexible Displays May Accelerate the Adoption of AMOLED (IGZO)
5.Conclusion
5.1 Cost Remains Primary Barrier to IGZO Adoption
5.2 Flexible AMOLED (IGZO) Has More Development Potential over the Long Term
5.3 Development of Chinese Display Vendors and Breakthroughs in A-Si Technology Bring Uncertainty to Market
Appendix
Glossary of Terms
List of Companies
List of Tables
Table 1: Comparison of TFT Technologies
Table 2: Fab Generations in the TFT LCD Industry by Display Vendors
Table 3: Adoption of IGZO Panels in End User Devices
List of Figures
Figure 1: Changes in LCD (IGZO) Production Capacity, 2015-2017
Figure 2: Changes in LCD (IGZO) Production Capacity by Country, 2015-2017

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