MicroLED Microdisplays - quick market snapshot

This article is an extract from The MicroLED Handbook, 2020 edition, and gives a short introduction to the current market status of MicroLED Microdisplays. The handbook was published in January 2020 - there has been some updates since then, for example Plessey's recent soft-acquisition by Facebook and MICLEDI's technology was revealed.

There are several companies that develop microLED microdisplays, and these are gearing up to begin mass production of displays soon. It is likely that microdisplays will be the first type of commercial displays enabled by microLED technology.

MagnaChip reports an increase in AMOLED driver sales

OLED driver IC developer MagnaChip announced its financial results for Q1 2020. OLED DDIC revenue was $69.7 million, up 43.6% from last year and up 3.5% from last quarter. The company estimates that 8 new smartphones that adopt its OLED drivers were released in Q1 2020, and 9 just entered pilot production.

Magnachip drivers and chips photo

MagnaChip has a total of 16 OLED display drivers, almost double the number of drivers it had in its portfolio in Q1 2019. The company has started to develop OLED drivers for automotive products, which the company expects to to into production in the first half of 2021.

LG expects a 10% decline in OLED TV panel shipments in Q2 2020

According to reports from Korea, LG Display expects a decline of up to 10% in demand for OLED TV panels in Q2 2020, due to the CoronaVirus pandemic.

LG BX OLED TV photo

LGD's original plan was to ship over 6 million OLED TV panels in 2020 - which include the smaller 48" OLED TV panels launched at CES 2020. In its latest note, DSCC sees 4.5 million OLED TV panels being produced in 2020, while Omdia's forecast is for only 3.5 million TVs.

The OLED TV market - quick market snapshot

This article is an extract from The OLED Handbook, 2020 edition, and gives a short introduction to the current OLED TV market status. The latest edition of the OLED handbook was published in March 2020.

LG Display

The OLED TV market is completely dominated today by LG Display, the only company that produces OLED TVs commercially. In 2013 both Samsung and LGD commenced production of OLED TVs, but Samsung quickly halted its OLED TV program to focus on Quantum-Dots enhanced TVs. In 2019 Samsung announced it is re-entering the OLED TV market and is set to build a QD-OLED production fab (more on this below).

LG 2016 OLED TV lineup

LG Display adopted Kodak’s WRGB OLED technology (now owned by LG’s own GOT) and this technology, combined with oxide-TFT (IGZO) backplanes, enabled the company to economically scale up its large-area panel production. LG Display is producing 48” to 88” OLED TV panels, and is supplying its panels to several TV makers, including LGE, Sony, Panasonic, Philips and more.

Kopin announces first commercial orders for its OLED backplane wafers

Kopin Corporation reported its financial results for Q1 2020 - with $7.9 million in revenues (up 42% from Q1 2019) and a 50% decrease in R&D expenses as the company implements its strategic realignment program.

Kopin Lightning OLED microdisplay photo

Kopin also announced that during the quarter it received the first commercial order for its OLED backplane wafers. Interestingly Kopin says the order was for wafers and not complete displays. Kopin says that its current internal R&D investments are primarily focused on OLED displays.

BOE ordered OLED deposition equipment from Sunic to its upcoming OLED Microdisplay fab

Korea-based OLED equipment maker Sunic System announced it has received a $22.6 million order for OLED deposition equipment from BOE. The tools will be used to deposit OLED microdisplays.

Sunic System OLED CVD deposition system photo

BOE is currently producing OLED microdisplays at its $170 million fab in Yunnan - the world's largest OLED microdisplay fab constructed in collaboration with OLiGHTEK. In December 2018 BOE announced its second, and larger, OLED microdisplay fab in Yunnan, which will cost a total of $486 million. It is likely that this new order is aimed for BOE's 2nd fab. Sunic says it will deliver the systems by November 2020.

Omdia sees 73 million foldable AMOLEDs displays shipped in 2025

Omdia says that the global foldable OLED display market will grow from 700,000 units to 3.9 million in 2020 (a 5X increase) - and will continue its fast growth to reach 73.1 million in 2025.

TCL foldable OLED device prototype, MWC 2019

Omdia says that the main challenge of the foldable OLED market is the reliability of the displays - mainly the cover, the touch sensor and the polarizer films. Display makers will need to adopt new technologies such as ultrathin glass covers (UTG), touch sensors on TFE and color filters on TFE