According to Korean media reports, market research company Display Supply Chain Consultants (DSCC) predicted that South Korea's panel production capacity share (in terms of shipped area) is expected to fall below 10% this year. In 2020, its market share was 19%, but it quickly fell to 14% by 2021, 12% last year, and will fall 3 percentage points from last year to 9% this year.

It is believed that Samsung Display and LG Display shut down their LCD panel business or reduced shipments. In addition, DSCC forecasts that mainland China's share of panel production capacity will rise from 53% in 2020 to 67% this year, compared with 65% last year. By 2025, China's share of panel production capacity is expected to rise to 70%. South Korea, meanwhile, will fall to 8 percent. In the OLED field, Korean companies are also facing the situation of being caught up. In the IT panel market, such as TVS, monitors, tablets and other large panels, LCD still occupies an absolute share, while in the smartphone market, which mainly uses OLED, China's market share is rapidly increasing. According to market researcher Omdia statistics, in the first quarter of this year, the market leader of the small and medium-sized OLED market, Samsung Display (Samsung Display) sales of about 4.68 billion US dollars, down 35.5% from the previous quarter. Samsung Display's market share in that segment fell to 54.7% last year. But its market share in the first quarter of 2020 was as high as 80.9%. BOE, China's largest display maker, more than tripled its market share from 6.1% to 19.2% during the period.

Gestant Display Technology Co.,Ltd. could provide a series of LCD and OLED products, such as AMOLED Screen, PMOLED Screen, Round Display Screen, Flexible Display Screen, TFT LCD, Mono-LCD and Bar Display Screen. Customize PCBA/LCD/OLED/FPC/Backlight/Coverlens/TP solutions.

Gestant Display Technology Co.,LTD was founded in 2012 in Shenzhen China. Even, the founder of the company, has more than 15 years of rich experience in LCD display industry. He has been engaging in the basic research of LCD display technology in Japan since his graduate school and has been working in the flat panel display industry after graduation.

Proficient in the manufacturing process and technology development of LCD / OLED / polarizer, Even was also one of the members of China liquid crystal Association who has a senior industry background and supply chain resources. In the past three years, he assisted his shareholders in building factories, purchasing equipment，establishing production lines, and successfully obtaining ISO9001 and ISO14001 system certificates.

He has established good business relations with major panel manufacturers in China (BOE /Tianma / IVO /EDO / Visionox), and the glass supply is stable and sufficient.

Gestant Display's products are widely used in Smart wear，Smart home，Outdoor photography，IP phones, Medical care, Industrial control equipment, Automotive and Vehicle displays, Instrumentation, and other Information terminal applications which could offer long-term after-sale services(such as 2 years quality warranty, long-term supply) .