In the first quarter, the shipment volume of display panels for the refurbished and repaired smartphone market reached 298 million units, setting a new historical record.

On August 11, Omdia's latest report titled "Information Service on the Smartphone Display Market" revealed that as demand from smartphone manufacturers slows down, display panel manufacturers are redirecting their excess capacity toward the repair and refurbishment market, leading to rapid growth in panel shipments for this segment. Omdia predicts that by 2026, the demand for display panels for new smartphones will decrease by 12%. Meanwhile, as suppliers actively seek new sources of demand, shipments of display panels for the repair and refurbishment market continue to accelerate. In the first quarter of 2026, the shipment of display panels for the repair and refurbished smartphone market increased by 20% year-on-year, reaching 298 million units, surpassing the shipment volume for smartphone manufacturers during the same period for the first time.