OLED TVs are going to have a rough year.

OLED TVs are going to have a rough year.

By all accounts, 2020 promises to be a good year for OLED TVs. It's not hard to see why, amid growing interest in premium panel technology and with a new fleet of OLED TVs from LG, Sony, Philips and Panasonic, as well as a new 48-inch model from LG offering a point of cheaper entry to its OLED CX range. However, several factors may prevent OLED from succeeding in 2020 in the way we had hoped. And now, market research company Omdia has provided a new forecast for OLED TV deliveries this year, and that's almost half of what the company had previously predicted, and actually less than the number of OLED TVs. . submitted in 2019 (via Statistica). Omdia (formerly IHS Markit) plans to ship just 3.5 million OLED TVs this year, up from 5.5 million at the end of 2019. So how does that affect you? The fallout from the global Covid-19 pandemic has hit manufacturers hard, with some, like Sharp, even using their factories to help make face masks. Elsewhere, LG Display, which makes all the OLED panels used in commercial TVs these days, is still mired in production issues that prevent it from expanding its OLED operations.

Me too?

For now, you shouldn't necessarily have a problem getting an OLED TV if you want it. Several 2019 OLED models are still in stock, while 2020 models are currently entering the market. The ripple effect of the above issues, though, is that OLED production isn't ramping up too quickly, which means it's likely to take longer for prices to fall than we expected. We may see an increase in OLED TV sales as an increasing portion of the population find themselves stuck indoors and looking for distraction, or perhaps looking for a second screen to keep family members busy, but for At the moment, the offer is not growing. Via Omdia