Magnachip starts mass producing its first 120Hz QHD flexible OLED display driver ICs

OLED driver IC developer MagnaChip announced that it has started to mass produce its first OLED driver ICs for 120Hz (HFR) QHD (1440 x 3360) smartphone flexible OLED displays.

Xiaomi Mi 11 photo

Magnachip's new OLED DDICs were designed specifically for 5G smartphones that support high resolution and high refresh rates, and it is produced using the company's most advanced 28nm process technology.

Read the full story Posted: Feb 21,2021

LG Display signs a license agreement with Solas OLED regarding its OLED TV patents

Ireland-based OLED IP company Solas OLED announced that LG Display settled its OLED TV patent dispute with the company, and has agreed to pay a license for its patents. This resolves a number of patent infringement actions (in the US, China and Germany) brought by Solas against LG Display and a certain number of its customers, including Sony Corporation.

Towards the end of 2020 Solas filed a complaint to the US International Trade Commission against Samsung Electronics and BOE, saying that the two companies infringe upon some of its AMOLED patents.

Read the full story Posted: Feb 21,2021

Kyulux raises $34 million in its latest funding round, receives basic HF TADF patent from Kyushu University

TADF materials developer Kyulux announced that it has finalized its Series-B-prime funding round, raising $34.3 million USD from several VCs and companies. Kyulux will be able to now accelerate its product development and drive for adoption of its materials in smartphone OLED displays.

Kyulux yellow TADF OLED emitter photo

Kyulux also announced plans to establish a mass production system for its materials, in cooperation with chemical companies.

Read the full story Posted: Feb 19,2021

UDC reports excellent Q4 2020 and full-year financial results

Universal Display reported its financial results for Q4 2020. Revenues reached a record of $141.5 million, and net income was $54 million. For the whole of 2020, revenues reached $429 million and net income was $133 million.

Universal Display PHOLED materials photo (2020)


UDC expects meaningful growth in 2021, and believe revenues will be in the range of $530 to $560 million. The company also announced an increase to its quarterly dividend (to $0.2 per share).

Read the full story Posted: Feb 19,2021

Doosan Solus develops ETL materials for SDC's QD-OLED stack

In 2019, Doosan Corp spun-off its OLED materials unit, which is now called Doosan Solus (and is listed on the Korean stock market). The company's main OLED products are host materials and EIL and ETL layers.

According to The Elec in Korea, Doosan Solus currently produces so called "advanced" Electron Transporting Layer (aETL) for SDC's mobile AMOLED stack, and the company is now developing specialized aETL to be adopted by Samsung in its QD-OLED stack. Solus has been the exclusive supplier of ETL mateirals for SDC for the past eight years, and its materials are adopted in Samsung's latest M11 AMOLED stack.

Read the full story Posted: Feb 18,2021

Magnachip reports record quarterly OLED DDIC revenues in Q4 2020

OLED driver IC developer MagnaChip announced its financial results for Q4 2020, with revenues of $142.9 million and 2020 full-year revenues of $507.1 million. The company says its quarterly revenues reached a record high of $80.4 million - a 19% increase from Q3 2020 and a 19.4% increase from Q4 2019.Full-year OLED revenue of $284.6 million increased 6.5% from 2019.

Magnachip drivers and chips photo

Last year MagnaChip said it 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.

Read the full story Posted: Feb 18,2021

Omdia: LG Display holds a 92.5% share of the Automotive AMOLED market

Market research company Omdia estimates that LG Display held a 92.5% share in the automotive AMOLED panel market in 2020, in terms of sales. Samsung Displays accounted for 6.9% and BOE 0.6%.

Mercedes Benz 12.8'' OLED screen in the 2021 S-Class

LG 12.8-inch P-OLED in Mercedes Benz 2021 S-Class

OMDIA estimates that the total AMOLED automotive market in 2020 was 240,000 units, and says that the market will experience a fast growth of 60% CAGR to reach 4.4 million units in 2025.

Read the full story Posted: Feb 18,2021

Measuring and Correcting MicroLED Display Uniformity

This is a sponsored post by Radiant Vision Systems

Introduction

MicroLEDs (micro-LEDs, mLEDs, or µLEDs) continue to demonstrate performance advantages for displays, ushering in a new generation of backlit and direct-view illumination technology. MicroLED displays consist of an array of microscopic LEDs (light emitting diodes) that form the display’s individual subpixel elements. This inorganic emissive technology offers many benefits over rival display technologies, including higher brightness and contrast, wider color gamut, and higher pixel density. MicroLEDs enable improved visual performance in ambient-light conditions, from total darkness to full daylight and when viewed from multiple viewing angles. These qualities make microLEDs especially attractive for applications such as mobile phones and watches, augmented- and mixed-reality (AR/MR) headsets, automotive display panels, and digital signage.

Challenges associated with manufacturing high-quality microLED panels continue to hinder production efficiency and must be addressed before manufacturers can achieve commercially viable microLED display products. Producing displays with the level of visual quality customers expect while keeping component and production costs low demands quality control solutions that reduce waste while increasing yield of acceptable displays.

Read the full story Posted: Feb 17,2021

LG to increase 48-inch OLED TV panel production to 1 million units in 2021

According to a new report from Korea, LG Display is enjoying high demand for its 48-inch OLED TV panels, especially from gamers, and the company aims to expand its production of such panels.

LGD currently produces the panels at its new Guangzhou OLED TV fab, in which it uses one 8.5-Gen glass plate to produce two 77-inch panels and two 48-inch panels. It now plans to start making 48-inch displays in its Paju OLED TV fab, where it will cut one 8.5-Gen plate to 8 48-inch panels.

Read the full story Posted: Feb 16,2021

EDO progresses towards its IPO, will use the funds to construct a new 6-Gen AMOLED fab

Earlier this month we reported that China-based AMOLED producer EverDisplay (EDO) has become a public company. We have been a bit early, but the company is progressing on its IPO registration and has released some more information regarding is business.

Everdisplay display revenues by application (2017-2020H1)

The company is raising 10 billion Yuan ($1.5 billion USD) and most of these funds will be used to construct the company's new 6-Gen AMOLED line. As you can see in the image above, almost all the company's OLED panels are used in smartphones and wearables. But in 2020 the company also started to produce laptop and tablet displays - EDO recently started to make 11", 12.8" and 15.6" rigid and foldable AMOLED displays for laptop devices. We list many EDO OLED displays in the OLED Marketplace.

Read the full story Posted: Feb 11,2021