Japan-based Dai Nippon Printing (DNP), the world's leading OLED FMM mask producer, is investing about 20 billion Yen (about $140 USD million) to expand the production capacity at its Kurosaki plant situated in Kitakyushu City.

DNP says that the new FMM line is expected to begin production in the first half of 2024, and will produce large-area FMM masks, suitable for the 8-Gen lines now being commissioned by the OLED industry to enhance production for IT displays. This new capacity will more than double DNP's FMM production capacity.

According to UBI Research, Samsung Display has decided to produce QD-OLED panels at its upcoming 8.7-Gen A5 production line. The company IT display strategy will be to produce QD-OLED panels for monitor application (27-inch displays, at first) and tandem RGB panels for smaller IT displays (tablets, laptops).

A 34-inch QD-OLED monitor (Dell Alienware)

Samsung is looking for design wins with Apple for both its display architectures - the larger QD-OLED panels for Apple's monitors and the smaller sized panels for its tablets.

According to ETNews, Apple approved LG Display's LTPO AMOLED displays for the iPhone 14 Pro, and so LGD starts to ship displays to Apple - what has been an exclusive supply by Samsung Display.

The iPhone 14 Pro has a 6.1" 120Hz 2000 nits 1179x2556 LTPO AMOLED display, while the 14 Pro Max has a larger 6.7-inch 1290x2796 panel.

LG Display has demonstrated a 12" 100 PPI full-color stretchable MicroLED display. The display can stretch up to 20% (to create a 14" display).

The display is said to be "close to commercialization" - as it is highly flexible, durable, and reliable. LGD says that it is the world's first full-color high-resolution stretchable display that was ever produced. But we do know that companies have demonstrated stretchable OLED displays in the past, for example Samsung with its 13" stretchable display shown in 2021.

In the next two weeks, Toray Research Center (TRC) is hosting online webinars focused on display technologies. TRC, who supplies technical analysis and support for R&D and manufacturing, invites you to attend the online lectures at no cost, to learn more about OLED, microLED and QD technologies and analysis of OLED devices.

The webinars include recorded presentations, which will be available online up until to November 22. You can register for the webinars here.

Universal Display reported its financial results for Q3 2022, with revenues revenues reaching a record high of $161 million, and a net income of $53 million. The company reiterated its forecast for 2022, with revenues of approximately $600 million, plus or minus $10 million.

Looking ahead, UDC remains positive of the OLED industry, but the near-term OLED demand may fluctuate due to uncertainties in the macro economy. UDC sees 2024 as a "pivotal year" for the OLED industry, with several new 6-Gen and 8-Gen OLED fabs due in that year.

UBI Research estimates hat shipments of OLED panels for IT applications (tablets, monitors and laptops) will reach 48.8 million units by 2027, growing from around 9.5 million units in 2022 (a CAGR of 39%).

In 2022-2024, the main application for OLED panels is in laptops, but this will change from 2025 and onwards as tablets will also become a dominant applications (as Apple will start adoping OLEDs in its high-end iPads).

China's Jilin Optical and Electronic Materials announced that it is set to raise 240 million Yuan (around $33 million USD) in a private placement of shares.

In 2020, Jilin Optical and Electronic Materials became public company when it started trading on the Shanghai STAR Market (ticker 688378). At its IPO, Jilin raised around $166 million, and the IPO was 3,426 times oversubscribed.

US-based high-index material maker Pixelligent Technologies has raised $38 million in a non-dilutive growth capital backed by its intellectual property portfolio.

The capital was provided by a funding vehicle managed by MVolution Partners. Together with an equity investment from its its strategic and financial shareholders, Pixelligent raised $45 million.