DisplaySearch Announces Strong Results for OLED Displays in Q3'06

DisplaySearch revealed in its latest report that OLED shipments grew to 21.2 million and revenues hit $132.5 million in Q3'06.

OLED shipments increased 33% Q/Q due to a 57% increase in sub-displays and a 46% growth in mobile phone main displays. PMOLEDs continue to dominate the market with a revenue share of over 98%. There are now thirteen small molecule and two P-OLED producers with small molecule having a 99% revenue share. Samsung SDI regained the #1 position in units and revenue in Q3'06 with 5.1M displays and $32.6M in revenue. LGE was #2 in revenue and #3 in shipments, while RiTdisplay was #3 in revenue and #2 in shipments. Pioneer was #4 and Univision was #5 in units and revenue.