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The mobile phone screen market is expected to surpass the TV screen market for the first time in 2017
[Global Scientific Report] On August 27th, Yonhap News Agency reported that according to a recent study conducted by IHS Markit, mobile phone screen revenue is projected to overtake TV screen revenue for the first time in 2017, with a gap of approximately $5 billion. This shift reflects the rapid expansion of the mobile phone industry, which is expected to widen the revenue disparity further in the coming years.
Accompanying this report is an image that captures the dramatic transformation in the display market (see attached). Based on the data provided, in 2010, TV screen revenue was more than quadruple that of mobile phone screens. Over the six-year period from 2010 to 2016, mobile phone screen sales grew at an impressive annual rate of 17%, while TV screen sales contracted by 8% annually. By 2017, mobile phone screen revenue is anticipated to reach $46.56 billion, surpassing TV screen revenue of $41.25 billion.
This significant milestone can be attributed to the rise of smartphones equipped with advanced ultra-high-definition screens. When Apple and Samsung introduced their cutting-edge mobile phone displays in 2007, they rapidly captured global attention and began reshaping consumer preferences. These innovations not only revolutionized the mobile phone market but also disrupted traditional TV screen sales, shifting the balance of power in favor of mobile devices.
The rapid adoption of smartphones has been driven by technological advancements, such as higher resolution screens, enhanced user experiences, and affordability. As consumers increasingly prioritize portability and connectivity, the demand for mobile screens continues to soar. This trend is likely to persist, further solidifying the dominance of mobile screens over traditional TV screens in the future.
In conclusion, the convergence of technological innovation and changing consumer habits has propelled mobile phone screens to the forefront of the display industry. While TVs remain a staple in households worldwide, the shift in revenue dynamics highlights the growing influence of mobile technology. As we move forward, it will be interesting to observe how these trends evolve and shape the future of digital entertainment and communication.
(Intern Compilation: Ni Jiamin | Review: Liu Yang)