LG Display to supply Sony with P-OLED displays for future smartphones

According to Business Korea, LG Display signed an agreement with Sony to supply it with flexible P-OLED displays for future Sony smartphones. Sony is not a major smartphone player globally, but in Japan it holds 14.9% of the market (second only to Apple).

LG V30 photoLG V30 P-OLED Smartphone

LG Display is already supplying Sony with OLED displays for Sony's OLED TVs, and reportedly in 2017 Sony requested LGD to double its OLED panel shipments as demand for Sony's OLED TVs has been better than expected.

CLSA: OLED capacity spending has peaked, sees no more orders in the near future

Analysts from CLSA returned from a journey to Asia with some interesting notes on the OLED industry. According to CLSA, spending in the OLED industry has peaked and OLED producers are not expecting to place any new equipment orders in the near future. This coincides with IHS estimates of over supply in the flexible OLED market in 2018.

According to CLSA, Samsung has a current capacity in its A3 and A4 (which should be ready by Q2 2018) OLED fabs to produce about 330-385 million OLED displays per year (11 lines, each about 15,000 monthly substrates) which SDC expects to be enough to satisfy Apple's and Samsung Electronics' demand. SDC does not see a strong demand from China's smartphone makers, surprisingly, due to the high cost of OLED displays. Without demand for larger displays (tablets/laptops) or perhaps for foldable devices, SDC's seem to be content with its current OLED capacity.

Sony, Panasonic and Sumitomo to participate in JOLED's next financing round

A few day go JOLED announced that it started commercial shipments of its 21.6" 4K OLED panels for use in medical monitors, in its low-volume 4.5-Gen ink-jet printing production line.

JOLED 4K prototype OLED Monitor (July 2017, Japan)

Following JDI's decision to halt its plans to increase its stake at JOLED, the company is now seeking to raise $900 million to support its plan to start mass producing OLEDs in 2019. According to a report from Japan the company has received commitments from Sony and Panasonic and both Sumitomo Chemical (who supplies its P-OLED materials to JOLED) and Screen Holdings (who supplies its equipment to JOLED) are likely to take part in the financing round as well.

JOLED starts commercial shipments of its printed 21.6" 4K OLED monitor panels

In June 2017 JOLED announced that it started to sample 21.6" 4K OLED panels, with plans to initiate low volume production at its 4.5-Gen pilot inkjet production line. JOLED announced today that it has began commercial shipments of these panels. We do not know JOLED's first customer but it is likely to be Sony.

JOLED first commercial 21.6'' 4K OLED panels photo

JOLED says that it has now achieved the necessary product quality and production yields. The product was already selected for use in medical monitors (again, we believe this is Sony, who we know received JOLED's first samples and already has its own 25" OLED medical monitor that uses Sony's own OLEDs). JOLED also aims to ship these panes to other OLED monitors applications.

UBI: The price gap between premium OLED and LCD TVs is almost gone

UBI Research is tracking the price of premium TV sold on Amazon.com in the US. As competition intensifies, the price gap between OLED and LCD TVs keeps getting lower - to the point where is not much difference between a high end Samsung QLED TV and LG's OLEDC7 OLED TVs.

LCD vs OLED TV price gap, (UBI Research, 2016-2017)

In December 2016, the price gap between a 65" LG OLED TV to a 65" Samsung SUHD TV was about $1,000. The price gap as of today is only about $300. The price gap for a 55" TV is even lower (around $200).

JOLED seeks $900 million in funding to start mass printing OLED displays

As we just posted, Japan Display has decided to halt its plans to turn its minority stake at JOLED into a majority one, and so JOLED is now seeking external financing to support its plan to start mass producing OLEDs in 2019 at the JDI plant in Nomi, Ishikawa (which currently makes LCDs, but will be shut down towards the end of 2017).

JOLED 4K prototype OLED Monitor (July 2017, Japan)

According to the Nikkei Asian Review, JOLED aims to raise 100 billion Yen (almost $900 million) from Japanese companies, and it has already approached Sony, Canon, Fujifilm, Nikon and Sumitomo. If this plans fails JOLED may turn to foreign companies, including Chinese ones.

Sony asks LGD to double its OLED TV panel supply following high demand for Sony's OLED TVs

According to Business Korea, Sony is enjoying "explosive" demand for its OLED TVs since the beginning of Q2 2017, and the Japanese TV maker has reached out to LGD asking to double OLED TV shipments.

Sony will receive a total of 300,000 OLED TV panels from LGD in 2017, and it aims to order more than 600,000 panels per year starting in 2019 (once LGD can increase its OLED TV capacity). The Korean report suggested that Sony may assist LGD with an investment to secure the capacity.

LG's OLED TV wins CE Week's annual TV shootout for the fourth time in a row

CE Week held its 13th annual TV shootout, and for the fourth times in a row, LG's OLED TV won. LG's OLEDE7 TV (65") won in all categories - and was crowned ‘King of TV’ in the Shootout.

LG OLEDE7 photo

For the first time ever the shootout included an OLED TV from another maker - Sony's A1E. The Sony TV came close to LG's OLED and won an honorary mention. LG's OLEDE7 TVs cost $3,500 for the 55" model and $4,800 for the 65" model. Sony's A1-E Bravia OLED TVs cost $3,999 (55"), $5,499 (65") and $19,999 (77").

Kyulux - Hyperfluoresence OLED emittersKyulux - Hyperfluoresence OLED emitters