Samsung OLED company spotlight

Samsung Electronics reported a record-breaking quarter, with revenues reaching 61 trillion Won ($54 billion USD) and an operating profit of 14 trillion Won (about $12.6 billion USD). The company's enjoyed a very strong chip and component business, which offset a slight decline in mobile devices revenues.

Samsung Display posted an operating profit of 1.7 trillion Won ($1.5 billion) from revenues of 7.7 trillion Won ($6.8 billion). SDC's OLED business is strong and the company forecasts increased sales of flexible AMOLED displays as more smartphone makers are adopting flexible OLEDs.

ETNews reports that Cynora is finalizing its latest financing round, with aims to raise €15 million. LG Display will participate in the round, investing $9 million, and Samsung Display is also considering a similar sized investment.

Cynora, based in Germany, is developing OLED emitters, and has recently announced its blue TADF OLED performance. Cynora's new blue achieves a 15% EQE at 1000 cd/m² with an emission peak at < 470 nm and a LT97 of > 90 hours (at 700 cd/m²) on a device level. Cynora says that it is very confident that it can commercialize its first highly efficient blue emitter by the end of this year, as planned.

According to Taiwan's Digitimes, LG Display is facing delays in flexible OLED production at its $900 million E5 line in Gumi that should have started producing panels last month, but now it is expected to start mass production in August.

In April 2017 it was reported that LG Display has secured a 5.5" flexible OLED supply deal to China-based Xiaomi, for the company's next-gen flagship phone. According to Digitimes, however, LGD now lost this supply deal and Xiaomi has ordered over 3 million flexible OLEDs (6" QHD ones) from Samsung, who will supply the displays in December 2017 and January 2018. Xiaomi will have to delay the launch of its flagship phone to early 2018.

According to reports from Korea, Samsung Display is considering a new OLED plant, that will include two different building in Choenan and Asan. This fab will be Samsung's largest OLED fab yet (and the world's largest, really) - with a monthly capacity of 180,000 to 270,000 6-Gen substrates. Samsung's current largest fab, the A3, will have a monthly capacity of 135,000 substrates when the current expansion phase ends later this year.

This plan has not been approved yet, but it seems like Samsung has already informed of the plans to its key equipment suppliers. The investment in this fab will be large, the buildings alone will cost $1.75 billion. Samsung plans to start operating the fab in 2019.