TAB/COF Market Application Demand Analysis 2020

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last updated：Mar 30, 2020

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This report analyzes the current market trends of TAB/COF, summarizing market trends and the business development status of each manufacturer.

The COF market in 2019 maintained high growth until September, with production levels at their highest in history. However, as Chinese LCD manufacturers continued to increase production, this led to oversupply and a decline in panel prices. Korean and Taiwanese manufacturers had been reducing production early on, but finally, in the fourth quarter, Chinese manufacturers also began to cut back, causing a sudden halt in COF production. As a result, while the single-sided COF market in 2019 surpassed the previous year's performance due to growth in OLED and smartphones, the growth rate fell below expectations. On the other hand, the two-metal COF showed a decline. Demand for iPhones has shrunk, and starting with the 2020 model, the adoption of COP will finally become widespread. The adoption of two-metal COF is expected to further decrease. Currently, the two-metal COF market is dependent on Apple alone. This risk has been consistently highlighted, and it is finally becoming a reality.

Related Link - http://www.netbrain-net.com/report/2020TABCOF.html

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basic information

The COF market, particularly on the single-sided side, has shown signs of recovery centered around Korean manufacturers in Q1 2020. In Q1, the impact of the new coronavirus was estimated to be around a 5-10% decrease, which was not significant. However, there has been a recent expansion of infections in Europe and the United States. The financial market has already reacted strongly. It is difficult to predict to what extent this will affect the real economy. Fortunately, COF clients are primarily based in Korea and China. In these regions, the new coronavirus is already trending towards resolution. Still, it is very challenging to foresee how much the COF market will be affected. Moving forward, the market could fluctuate significantly in both directions. The situation remains tough. It will be essential to establish a system that can respond to any market conditions in the future.

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This report analyzes the current market trends of TAB/COF, summarizing market trends, manufacturer shares, and the business development status of each manufacturer. It also includes an analysis of emerging Chinese manufacturers. Additionally, it provides a detailed analysis of the expanding OLED and smartphone markets. The report examines the outlook of the COF market, which is entering a new stage and facing challenging circumstances.