Flexible display firms eye foldable bonanza

Domestic demand set to surge as more users shift to portable, bigger devices

Domestic flexible display panel makers are set to witness explosive growth in the next few years as leading smartphone vendors ramp up efforts to roll out new products like foldable phones to bolster sagging fortunes.

Buoyed by the prospects, companies are already scaling up capacities in segments like flexible screens used for mobile devices and smart wearables, according to industry sources. These include active matrix/organic light-emitting diodes or AMOLEDs and organic light-emitting diodes used for displays.