On August 11, Omdia's latest “Smartphone Display Market Information Service” report showed that as demand from smartphone manufacturers slows down, display panel manufacturers are shifting excess production capacity to the maintenance and refurbishment market, driving rapid growth in display panel shipments in this market. Omdia predicts demand for display panels for new smartphones will drop 12% in 2026. Meanwhile, as suppliers actively seek new sources of demand, display panel shipments to the repair and refurbished machine market continue to grow at an accelerated pace. In the first quarter of 2026, display panel shipments in the repair and refurbished smartphone market increased 20% year-on-year to 298 million pieces, surpassing display panel shipments to smartphone manufacturers during the same period for the first time.

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