Samsung: OLED shipments down in Q4 2013, but the market will expand as OLEDs will be adopted in more products

Samsung reported their financial results for Q4 2013. Operating profit was lower than expected at $7.8 billion (compared to $8.3 billion in Q4 2012). Regarding OLEDs, Samsung says that total OLED shipments were actually down during the quarter, even though "new product sales increased".

Samsung however is expecting the OLED market to grow, as they plan to start adopting OLEDs in more products - including mid-range smartphones, tablets and wearable devices. The company will also launch "upgraded" flexible OLED panels in 2014.

Posted: Jan 24,2014 by Ron Mertens