China OLED industry

A few months ago we reported that Korean OLED equipment maker YAS has received orders for deposition equipment and evaporation sources from TCL CSOT, to be used at CSOT's  8.6-Gen inkjet IT AMOLED production line. The evaporation sources deal is estimated at 10 billion Won ($6.6 million USD). 

It is now reported in Korea that YAS is running its Paju Fab 3 and Fab 4 at full capacity to produce the equipment for TCL CSOT. The company is planning a new (fifth) production line, in the case that it secures further orders this year. The new line will expand its equipment and component production capacity by 50% (by revenue, at least).

A few days ago we reported that TCL CSOT is launching commercial production of inkjet printed OLED panels at the company's 5.5-Gen line, and today two companies formally announced the first products to utilize these panels. This is an exciting moment for the OLED industry - we already had commercial inkjet production by JOLED years ago, but the company did not manage to reach full-scale production. Hopefully TCL CSOT with its T8 large-scale 8.6-Gen line will fare much better.

The first product is the premium MSI Pro Max OLED 271UPJW12, based on a 27" 4K (164 PPI) 120Hz and Real RGB Stripe side-by-side subpixel structure. The monitor integrates MSI's OLED Auto Care Compensation Technology, to mitigate burn-in.

Tianma Microelectronics released its interim financial results for the first half of 2026, reporting a net loss of around $105-$110 million USD (before non-recurring items that expand the loss to $133 million).

Tianma says that the rising memory prices which caused a decline in the smartphone market is the main reason for its increased losses. The flexible AMOLED market, according to Tianma, was particularly impacted by the weak demand in the Chinese smartphone market. 

In May 2026 we reported that BOE is looking to upgrade its pilot WOLED (WRGB) production capabilities. According to the company's plan back then, it would convert some of its B18 8.5-Gen LCD fab in Nanjing to WOLED production.

LG WOLED monitors

According to new industry reports, BOE did not manage to get an approval from the Chinese authorities, as these are worried the large-scale investment required to build large-area WOLED production lines do not have merit. Other reports suggest that there is an internal conflict within BOE over this project.

In March we reported that TCL CSOT's first consumer-grade inkjet printed OLED display has completed functional verification, and the company is planning to mass produce these panels in July 2026. There are now reports that the company is indeed starting production of this panel.

TCL's first inkjet printed consumer panel is a 27" 120Hz 4K stripe-RGB display, that offers a brightness of up to 300 nits, and a color gamut of 99% DCI-P3. This is a panel that TCL CSOT already demonstrated several times. CSOT is producing the panel at its low-volume 5.5-Gen inkjet line. This is low volume production, but a very important step for CSOT.

TCL CSOT continues to order equipment for its T8 8.6-Gen inkjet printing IT AMOLED production line in Guangzhou, and two Korean equipment makers announced orders from CSOT.

First up is DeviceENG, that secured a 25.7 billion Won ($17 million USD) order to supply it with mask cleaning systems. All systems will be supplied by November 2026. 

BOE released its preliminary financial results for the first half of 2026, saying that its net profit will rise to $734 to $800 million USD, an increase of 54% to 69% from the first half of 2025.

The company says that its strong financial performance was mostly enabled by an improved demand for LCD displays that enabled an increase in prices, in addition to strong flexible OLED shipments. BOE shipped over 80 million flexible OLEDs in the first half of 2026. 

China's Jilin OLED Material Tech released its interim results for the first half of 2026 - with a high increase in both revenues and net profit. These aren't the final results, but they are certainly impressive.

Jilin OMT says that it expects that its profit has risen from 27 million RMB ($4 million) in H1 2025 to 160-190 million RMB ($23-28 million USD) in H1 2026 - that's a dramatic increase of 500-600%! Excluding non-recurring items, Jilin expects to have a net profit of 105-125 million RMB.