EverDisplay Optronics (also known as Hehui Optoelectroics) established in Shanghai, China in October 2012 aims to establish China's first AMOLED LTPS production facility.
Everdisplay started mass producing 5" 720p AMOLED displays towards the end of 2014 in a 4.5-Gen line with a monthly capacity of 20,000 substrates. Since then the company added more displays - wearable panels and larger 5.5" ones. Everdisplay is also developing flexible panels, transparent panels and high-density AMOLEDs for VR applications. According to reports, Xiaomi's Redmi Pro smartphone uses EDO's (and BOE's) 5.5" FHD AMOLED panels.
EverDisplay is constructing a 6-Gen AMOLED fab in Shanghai, that will enter production in 2018, with mass production expected by early 2019.
Everdisplay intends to issue an IPO and become a public company towards the end of 2020.
The latest Everdisplay news:
DSCC says that OLED production will grow 94% in the Q2 2021, fueled by strong demand for OLED in smartphones, TVs and other devices - coupled with a recovery from the pandemic. Growth in OLED input area for small & medium displays is expected to grow 68%, while grow in OLED TV input area will grow by 134% over last year.
The chart above shows the total OLED (and mobile LCD) industry capacity. As you can see, flexible OLED capacity is growing - mainly from expansions by CSoT, Tianma and Visionox. There's also growth in rigid OLED capacity - from Everdisplay and JOLED.
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.
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.
AMOLED producer China-based EverDisplay (EDO) has become a public company and it is now listed on the Shanghai Stock Exchange Star Market. The company also released its financial results for the past few years.
The company increased its sales in recent years, rising from 600 million Yuan in 2017 to 800 million in 2018, 1.5 billion in 2019 and 900 million in H1 2020. EDO still suffers from losses, though, and in the first half of 2020 a net loss of 500 million Yuan.
DSCC posted an interesting chart that details OLED smartwatch shipments by supplier. This is an interesting market as there are almost 10 suppliers with no dominant player:
In fact DSCC says that there are five different OLED panel makers (BOE, SDC, LGD, EDO and Truly) that each has a market share over 10% in 2020.
China's Everdisplay has started to produce a 1.78" 368x448 AMOLED display and these are now available in the OLED Marketplace. These small OLED displays are suitable for many applications, including wearables.
EDO starts producing tablet and laptop rigid and flexible AMOLEDs, available on the OLED Marketplace
China-based EverDisplay (EDO) has recently started to produce AMOLED displays for tablets and laptops. The first rigid AMOLEDs are a 11" 1728x2368 and 15.6" 3840x2160 4K rigid displays for tablets and laptops. The first flexible ones are a 12.8" 1888x1728 panel for tablet-like devices and a 15.6" 3840x2160 4K flexible AMOLED for laptops.
These new 11", 12.8" and 15.6" AMOLEDs are now available in the OLED Marketplace. This is great news from EDO, as up until now Samsung Display was the exclusive supplier of AMOLEDs for tablets and laptops. If you are interested in this display for your device or new project, contact us now, or check out more information over at the OLED Marketplace.
Many device makers have been seeking 2 to 4 inch AMOLED displays for a long time, as most display makers are focusing on either smartphone-sized displays or wearable ones. We have some good news on that front - China's Everdisplay has started to produce 1.91" 240x536 AMOLED displays, and these are now available in the OLED Marketplace.
These new small AMOLED displays can be great for many applications - if you are interested in this display for your device or new project, contact us now, or check out more information over at the OLED Marketplace.
In February 2019 Samsung Display started production its new 15.6" UHD (3840x2160) OLED laptop display panels. SDC is targeting premium laptops, as these ultra high resolution panels are optimized for gaming, graphic design and video streaming.
Samsung already signed up a few customers - including HP with its Spectre x360, Lenovo with the Yoga C730 and Dell with the XPS 15, Dell G7 15 and the Alienware m15. According to a new report from Taiwan's Digitimes, Samsung is aggressively seeking new customers for its OLED laptop displays - and the company has pricing its 15.6" OLEDs at only $50-60 above comparable LCD displays.
DSCC released the interesting (but confusing, note the legend starts at 350M) chart below, detailing the market share of smartphone OLED producers in 2016-2019. As can be seen Samsung will remain the dominant producer, but its market share in 2019 will drop from 94% in 2018 to around 85%.
Non-SDC shipments will increase to 73 million units in 2019 - led by LG Display (~25 million units), BOE (around 20 million) and Visionox (around 15 million units).
Everdisplay's 6-Gen flexible OLED line in Shanghai is progressing, trial production to begin in January 2019
In 2016 China-based Everdisplay (EDO) started to construct a 6-Gen flexible AMOLED fab in Shanghai. In August 2017 EDO said that it finished the building's main steel frame roof, and in July 2018 EDO started to install equipment.
Everdisplay now announces that the new production line has been successfully lit for the first time. It's not exactly clear what the company means by that, but progress seems to be going well and EDO says that trial panel production will begin in January 2019, as planned.