That’s largely because of the publicity and demand for Apple’s iWatch, said IHS.
But the manufacturers are being cautious about over supplying units, the report said. For example, it said that smartwatch display shipments will fall to 6.5 million units in the fourth quarter of this year.
The majority of display panels shipped this year will use AMOLED technology. That’s because both Apple and Samsung use this technology.
Out of the AMOLED watch panels shipped, Apple is expected to consume 84 percent of the shipments.
Analyst Hiroshi Hayase at IHS said: “The display market is carefully watching consumer response to products in the smartwatch category.”