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China makers see smartwatch panel shipments achieve 73% CAGR from 2014-2017

  • Author:Abby
  • Release on:2015-07-22

Panel makers in Greater China expect to see smartwatch panel shipments achieve a CAGR of 73.2% from 2014-2017 and a CAGR of 46.1% for smart wristbands as they further invest into developing the two applications, according to Digitimes Research.

The makers' total shipments for the two segments will reach 52.89 million in 2017, up 287% compared with 2014, to represent a CAGR of 57% over the time period.

The makers will benefit from new demand from the applications since they are relatively new to the market, but improvements related to technology and capacity expansion for technologies such as PMOLED and EPD will also make a difference.