Samsung Display reports a sequential 30% OLED revenue increase in Q3 2015

Samsung announced their financial results for Q3 2015 - the company's operation profit reached $6.46 billion (up from $3.8 billion in Q3 2014, but down from the $9.6 billion record it recorded in Q3 2013). The company reports strong Galaxy Note 5 and Galaxy S6 edge+ sales (both phones sport 5.7" 2560x1440 Super AMOLED displays, a flexible one on the S6 edge+).

SDC's OLED business experienced improved earnings led by launch of new products and improve productivity. OLED shipments increase by over 30% over Q2 2015 - mostly due to an increase in low-end and mid-end panel shipments and external customer base. Samsung expects the smartphone market to slow down in 2016 and it plans to diversify its product line up and continue to expand its customer base.

Samsung Display will also develop new display products and will seek new applications - including transparent and mirror displays, along with head-mounted and automotive display.

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Posted: Oct 29,2015 by Ron Mertens