Poland-based TADF developer Noctiluca went public at the Polish NewConnect stock exchange last week. The company now trades under the NCL ticker.
Noctiluca did not raise any funds in this IPO, as it has no need for more funds at this stage, but this move will enable some stock holders to realize their funds and other to join as stakeholders in the company.
DSCC has updated its OLED market forecasts, as it sees faster growth than what it estimated earlier this year. DSCC says the market will grow at a 9% CAGR from 2021 to 2026, to reach $65 billion in revenues in 2026.
Most of the growth will be driven by demand to IT panels - monitor panels will grow at 70% CAGR (revenue), laptop panels at 52% CAGR and tablet panels at 52% CAGR. DSCC sees OLED TV shipments growing at 13% (units) and 6% (revenue), while smartphone panel shipments will grow at a CAGR of 11% in the period (with revenues growing at 6% CAGR).
According to reports in Korean media, Samsung is developing a new process which will allow it to reduce the thickness of its QD-OLED panels.
The current QD-OLED design uses two glass substrates, one for the TFT backplen (and the OLED frontplane materials), and one for the QD conversion layer. The new plan is to remove the QD glass substrate, and inkjet print the QDs directly on the OLED TFE encapsulation layer.
In recent years we have seen AMOLED displays fall out of favor in the VR market, as most devices have opted for high-end LCDs, due to the better image definition, mostly. According to DSCC, this is set to change next year (in 2023).
Sony has already adopted high density (>800PPI) AMOLED displays in the Playstation VR2, DSCC says that this trend will continue. DSCC also sees OLED microdisplays finally entering the VR market in 2023, with around 15 million such displays shipped in this market by 2024.
Poland is aiming to become a major innovation and high-tech hub, and the country is already enjoying a growing industry, focusing on IT, bio-technology, robotics and nanotechnology.
Poland has a strong material science and development expertise, and in recent years we have been seeing OLED and display-related ventures out of Poland. It seems Poland is poised to become an interesting location to watch for future innovation in the OLED industry.
Ergis Group noDiffusion OLED encapsulation film
One such company is the Poland-based Ergis Group, a leader in plastic processing active in markets such as food packaging, industrial, automotive, medical and more. In 2020, Ergis launched its first product for the optoelectronic applications (such as the display market and photovoltaics) - the Ergis noDiffusion films for flexible OLED panels (both displays and lighting) and OPVs. Ergis is using a unique ALD-based technology that enables it to offer high performance films on low cost PET films.
In recent years, we have seen accelerated OLED materials development, aided by software tools based on machine learning and Artificial Intelligence. This is an excellent development which contributes to the continued improvement in OLED efficiency, brightness and lifetime.
Kyulux's Kyumatic AI material discover system
The promise of these new technologies is the ability to screen millions of possible molecules and systems quickly and efficiently. Materials scientists can then take the most promising candidates and perform real synthesis and experiments to confirm the operation in actual OLED devices.
LG Display says that it has no immediate plans to start producing OLED panels for monitor applications (at sizes of around 30-inch), but the company is looking at two different architectures for such panels.
Specifically, LGD is considering whether its WRGB OLED panels, used currently to make TV panels (sizes 42-inch and up) are suitable for 30-inch monitor panels. Another option that LGD is looking into is adopting its RGB mobile OLED (p-OLED) technology to produce monitor panels.
BOE's chairment Chen Yanshun says that the company shipped almost 60 million AMOLED displays in 2021, and the company plans over 100 million such panels in 2022.
BOE also details that its AMOLED monthly output surpassed the 10 million unit mark for the first time in December 2021.
Last year Samsung Electronics started to adopt AMOLED displays produced by BOE and TCL, as the Korean smartphone makers aims to lower costs and reduce its reliance on Samsung Display.
According to a report from Korea, the company plans to increase these China-produced OLED orders from around 800,000 in 2021 to around 6.5 million in 2022. It seems the main device to adopt these panels will be the Samsung Galaxy A73.
Demand for larger mobile OLED displays, for laptops, tablets and monitors is on the rise, and display makers are looking into 8.5-Gen OLED production lines dedicated to the IT market.
According to a new report from Korea, BOE is moving forward with its plans to establish an IT AMOLED production line. The company is aiming to establish a 8.5-Gen (2250x2600 mm) production line at its B16 fab in Chengdu. BOE's goal is to start production by the end of 2024, with an initial capacity of 15,000 monthly substrates.
