Saving, investing and making money with technology

Day: May 25, 2016

Plastic and flexible OLED to reach $18bn by 2020 by Dr Guillaume Chansin, Senior Technology Analyst, IDTechEx

IDTechEx Research has just released new forecasts for the OLED display market. OLED is an emissive display technology which is gaining significant market share against liquid crystal displays (LCD). OLED was initially adopted in mobile phones but can now be found in tablets, TVs, and wearables. This latest IDTechEx Research report, OLED Display Forecasts 2016-2026: The Rise of Plastic and Flexible Displays, says the market will reach nearly $16bn this year and will grow to $57bn in 2026.

The two main manufacturers of OLED displays have both announced large investment to expand their production capacities. Samsung Display has plans to spend more than $3bn between 2015 and 2017 to build a new production line. Their rival LG Display is trying to lead the industry by committing over $9bn for two new manufacturing plants.

OLED displays that are manufactured on flexible substrates have been successfully introduced on the market, featuring in consumer devices such as the Samsung Galaxy S7 Edge or the Apple Watch. Compared to conventional glass-based displays, plastic OLED displays are much thinner and lighter, enabling slimmer devices or bigger batteries. Future flexible displays will also make foldable mobile devices a reality.

The rise of plastic and flexible displays is the most important trend in the industry and is offering opportunities in the supply chain. Recently, Kateeva raised another $88m to accelerate their growth. The company supplies the mass production equipment to deposit thin film encapsulation on flexible OLED displays. All the new investors are located in China and include BOE and TCL Capital.

We now expect the market for plastic and flexible OLED displays will reach $18 billion by 2020. The two main segments are currently smart phones and smart watches. Once the technology becomes more mature it will be possible to see larger sizes and applications in automotive displays.

Continue Reading

How Technology Is Continually Changing The Way We Get Things

If you think about it, over the decades the way the goods and products you use everyday have been traveling are always changing. Yes, they still often come across seas on a boat, and they even still travel by train in some areas. You still see hundreds, if not thousands, of semi trucks on the roads, taking items from manufacturers to the stores they will be sold in.

However, things do continually change, like the fact that less trains are traveling across country. More towns have torn up or neglected their tracks. So, how does your food get from one point to the next, and not spoil?

The Way Food And Products Travel

Businesses purchase, or even rent, semi trucks to travel the expanse of the United States in order to get the items people need, from one point to another. In fact, most businesses get their items delivered this way. Though, when the items are coming to you, if you didn’t drive directly to the store to get them. They may come a little differently.

When it comes to foods, businesses that deal with items that need to be frozen or refrigerated actually use semi trucks that have built in refrigeration or freezer systems so that foods make it from one side of the country to the other without spoiling.

Your Own Vehicle Technology

Even the way you travel to the store to purchase the items that you want and need, for you, your home, and your family, has changed over the years. Some people, in an effort to better the environment, forego owning their own vehicles and may travel to the store by foot, bicycle, taxi, Uber, or by simply taking the bus.

Those that own their own vehicles may have decided to invest in a more eco-friendly vehicle. They may have an electric car or a flex fuel car.

No More Driving To The Store

And, many people don’t even set foot in a store these days to do any of their shopping, because with the internet you really don’t have to. You can shop from the comfort of your own home without even leaving the couch. The postal service, FedEx, or UPS will deliver your items right to your door.

Technology has made it so easy to buy online that many online shopping destinations now have easy to use apps so that you can shop right from your phone. You don’t have to be at home, but you don’t have to go to the store either!

With all of the smart technology coming out, from smartphones and smart TVs to the talk of smart cars that will drive us where we want to go, it’s no wonder the way we shop and the way the things we need get to us has changed so much over the past few decades.

Continue Reading