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An OLED uses organic semiconductors to create thin light emitting panels. OLEDs are used to create thin, beautiful, flexible and efficient display and lighting panels, and are the future technology of choice.
Recent OLED news:
ETNews posted the following chart, showing what seems to be LG Display's own forecasts for UHD (4K) OLED TV production from 2014 to 2020. These are just 4K OLED TVs - LGD still produces Full-HD OLEDs as well (for example in 2015, LGD plans to produce 86,000 FHD TVs, bringing the total number of OLED TV produced to 600,000).
According to the OLED Association LG indeed managed to increase production yields of 4K OLEDs. The company is now conducting extensive R&D in inkjet printing of OLEDs as this seems to be a promising route towards greater material efficiency and faster production
In 2014, CSoT (a subsidiary of TCL) announced plans to establish a 6-Gen LTPS fab in Wuhan, China, in a $2.6 billion investment. New reports suggest that the company is actually ahead of schedule, and now estimates that mass production will begin in Q1 2017. The plan is to make both small and medium sized displays - LCDs and OLEDs.
The new production line will have a capacity of 30,000 monthly substrates - it's not clear what will be the ratio between high-end LCDs and OLEDs.
In 2014, Henkel signed a joint-development agreement with Vitriflex, a US start-up that has developed a patented cost-efficient process for high-volume flexible encapsulation film production. Today Henkel announced that it lead a new financing round in Vitriflex, "reaffirming Henkel's coommitment to next-gen display technologies".
Henkel says that since 2014 the company made "profound progress" toward an integrated barrier film product that delivers good adhesion to multiple substrates. This latest round will enable Vitriflex to continue development and "move towards" high volume manufacturing capability. In fact, Vitriflex hopes to have a commercial product ready to ship by the end of 2015.
Up until now analysts estimated that Samsung's GS6 and GS6 Edge have been very successful, but today Samsung announced that Q2 earnings will be lower than expected - and this was probably due to lower than expected smartphone shipments.
Samsung already said that they could not keep up with the demand to the GS6 Edge - as more people wanted the curved-OLED variant over the regularly shaped GS6. It seems that this lead to lower than expected GS6 sales. Samsung increased their flexible OLED capacity and will now be able to meet demand - but it may be too late financially as Apple is set to release a new iPhone soon and Samsung may have "missed the window" on the GS6.
DisplaySearch estimates that 35,200 OLED TVs were sold, globally, in the first quarter of 2015. This is a seven-fold increase from Q1 2014 (4,600 units). DisplaySearch says that the OLED TV market will grow from around 400,000 in 2015 to 7 million in 2019.
The current 35,200 estimate is actually lower than DisplaySearch's previous estimate of over 53,000 OLED TVs in the quarter. LG themselves aim to produce around 600,000 OLED TVs in 2015.
Today we published new versions of our Transparent, Automotive and Flexible OLED market reports. OLED-Info provides comprehensive niche OLED market reports, and our reports cover everything you need to know about the niche market, and can be useful if you want to understand how the OLED industry works and what this technology can provide for your own industry. The reports are now updated to July 2015.
The report package provides a good introduction to the flexible OLED market - present and future. It details both flexible displays and lighting technologies. Read more here!
LG Display is currently produces plastic-based OLEDs in its Gen-4.5 fab, with a monthly capacity of 14,000 substrates (more than double its capacity in the beginning of 2014). In the past, we heard reports that LGD is building a Gen-6 line (15,000 monthly substrates), but LGD themselves said that plans for expansion are still under review.
According to a new report in Korea, LG Display made the decision to invest 900 billion Won ($802 million USD) in a new production line for flexible OLEDs. The new fab will produce small/medium sized displays - used for mobile phone and wearable applications. LGD officially declined to comment on this, though.