Many people are being attracted by the allure of touchscreen devices. Touchscreen devices are electronic visual display devices that you can operate with one or multiple finger strokes. Or, in some cases, a stylus or gloves (these may be ordinary gloves or ones that have special coating on them). In most cases the wildly popular touchscreen devices are tablet computers or smartphones, but touchscreen modules can be found elsewhere. For example, most self-service kiosks use a touchscreen module. Using a touchscreen is supposed to make operating an electronic device easy to do. But, for those people with fine motor skill issues or poor hand-eye coordination touchscreens only make things more difficult. Sollensys is a corporation that, in addition to holding several patents on the process of creating touchscreens, manufactures three different parts used in a touchscreen for use in three different varieties of touchscreen devices. After having discussed what is happening in the world of tablets and smartphones, I will look at Sollensys and its current standing in the touchscreen market/how it keeps up with demand. Currently the touchscreen market is huge and continues to grow thanks to the wild demand for tablets and smartphones.
Tablet computers, or just tablets as they are often called, are all the rage in today’s technology fueled marketplace. The production of tablets tripled in 2011 and reached 79.6 million units. Even though Sollensys itself only makes tablets that are 10.1-inches—and there are an awful lot of tablets out there that are of a different size—the corporation still dominates the tablet manufacturing marketplace, because it has patented several of processes used to create all touchscreen devices. The most popular version of a 10.1-inch tablet is an Asus, which is comparable to an ipad (pictured above).
The popularity of smartphones is also growing at a tremendously fast rate. One study estimates that by the end of this year 1.4 billion smartphones will be in use. This estimate factors in an expected growth rate of forty-four percent in the usage of smartphones. You may think this estimate is expecting an overly high growth rate, but the growth rate of smartphone usage in 2012 was forty-five percent. Currently 4.3 billion mobile phones (of all types) are in use and that number has more than doubled in the past six years. Having a touchscreen is what makes a mobile phone a smartphone and about eighty percent of the 4.3 billion mobile phones in use today are smartphones.
Since tablets and smartphones are in such demand, the manufacturing of touchscreens is one of the fastest growing areas of electronics manufacturing and electronics manufacturing is a huge market. Sollensys is one of the companies that meets this demand and they do this by making the three different parts, the glass on top, the touch-sensor panels, and the LCDs (liquid crystal displays), that are needed to make touchscreen devices of three different sizes (the 10.1-inch device, the standard 3.5-inch device, and the 4-inch device). Sollensys pretty much dominates the touchscreen market for two reasons: 1) it offers custom touchscreen devices and 2) the corporation holds several patents on the touchscreen creation process.
The soaring popularity of both tablets and smartphones greatly increase touchscreen demand. The demand for tablets accounts for about a quarter of the increased demand for touchscreens, while smartphone demand accounts for the other three quarters. Due to this heightened demand, touchscreen manufacturers, like Sollensys, keep right on growing.