LG OLED

Reuters - Samsung and LG finally sign a WOLED TV supply agreement, Samsung to buy 2 million OLED TV panels in 2024

LG Display has been negotiating a WOLED TV panel supply agreement with Samsung Electronics for a long time, and last year the company were close to an agreement, but discussions were halted in July 2022, and Samsung continued to launch its QD-OLED TV range. Last month it was reported that the two Korean companies are in talks again, and now Reuters says that LG and Samsung finally officially signed the supply agreement.

According to Reuters, LGD will start supplying panels to Samsung as early as this quarter (i.e. by the end of June 2023). Samsung agreed to order 2 million WOLED TV panels from LG in 2024, and this will grow to 3 million in 2025 and 5 million in 2026. The first panels will be 77-inch and 83-inch in size, but LG is likely to also supply smaller panels to Samsung. 

Read the full story Posted: May 16,2023

A slowdown in Apple's laptop sales may delay Samsung's and LG's investment in OLED IT production lines

Samsung Display and LG Display are both gearing up to build 8-Gen AMOLED production lines, aiming to supply Apple (and others) with OLEDs for IT devices - laptops and tablets, mostly. Last month Samsung announced that it will convert an existing LCD line in Asan to OLED production, with an estimated cost of $3.1 billion

Samsung Display 8-Gen IT OLED line slide (2022-08)

According to a new report from Korea, the slowdown in Apple's laptop sales is a cause of worry for the OLED producers, who have delayed the plans to build the new fabs, and delayed equipment orders. The main problem for the OLED makers is that the slowdown in Apple's sales may drive Apple to want to low the price of the laptop displays, which would put a stress on the profitability of new OLED fabs.

Read the full story Posted: May 11,2023

LG reports its results for Q1 2023: decreased sales as demand is sluggish, delays P10 fab in Paju

LG Display reported its financial results for Q1 2023, with revenues of 4,411 billion Won ($3.3 billion USD), down 40% from the previous quarter and 32% from 2022.

The company says there is 'sluggish demand' for TV and IT products. The company plans to focus on automotive displays, smartphone OLEDs and IT OLEDs (mid-sized panels). LG also aims to increase its sales of OLED gaming monitor panels and transparent OLED displays.

Read the full story Posted: Apr 28,2023

DSCC: BOE's market share in flexible smartphone OLED displays rose to 27%

DSCC says that BOE's market share in the flexible (and foldable) smartphone OLED market has risen to 27% in Q1 2023. BOE flexible and foldable OLED panel sales grew 81% in Q1 2023 compared to last  year, as the company enjoys growing sales to Apple, Huawei, Oppo, Realme, Vivo and ZTE. BOE is mostly taking market share from Samsung and LG, while Tianma's market share is also on the rise.

DSCC estimates that flagship smartphone shipments grew 17% in the first quarter, with flexible OLED smartphone shipments growing 18% and foldable ones growing 4%.

Read the full story Posted: Apr 28,2023

LG installs 32 transparent OLED displays at Korea's Incheon airport to show Korea's vibrant culture

LG Display announced a new transparent OLED campaign at Incheon Airport, to show Korea's vibrant culture to travelers from all over the world, and experience Korea's four seasons and folktales.

The installation includes several different displays. One is large wall made from 18 55" OLED displays, a large video wall that "conveys the delicate patterns and colorful hues of Korean traditional folktales while also creating a comfortable openness thanks to its high transparency". Theere are also a total of 14 transparent displays attached to pillars and walls inside Incheon Airport's Tourist Center, utilized to showcase various information such as local times and global weather conditions as well as welcome messages and enchanting videos showing off the "endless beauty of Korean nature".

Read the full story Posted: Apr 19,2023

LG Display and Samsung Display are both working on special glass-TFE OLEDs for Apple's future iPads

Apple's interest in OLED displays for future iPad tablet device is not secret, and many analysts estimate that the first such device will be released in 2024.

One of Apple's requirement is for superior performance for its tablets compared to smartphone AMOLED displays - and so developers are relying on a tandem OLED structure. According to a new report from Korea, LG Display is developing another unique technology for Apple's iPads.

Read the full story Posted: Apr 18,2023

Samsung and LG are again negotiating a WOLED TV panel supply agreement

LG Display has been negotiating a WOLED TV panel supply agreement with Samsung Electronics for a long time, and last year the company were close to an agreement, but finally halted discussions in July 2022, and Samsung continued to launch its QD-OLED TV range.

According to new reports from Korea, the two companies have resumed there negotiations, with Samsung interested in buying around 200,000 to 300,000 panels for next year's TVs.

Read the full story Posted: Apr 14,2023

A new version of OLED-Info's Automotive OLED Market report released

Today we published a new edition of our Automotive OLED Market Report, with all the latest information. The new edition includes three new car models, updates from Samsung, JDI and JOLED, new market forecasts and more. The adoption of OLED technologies by the automotive is accelerating and expected to continue in the future.

Reading this report, you'll learn all about:

  • OLED advantages and challenges
  • PMOLED and AMOLED displays adopted in cars today
  • Why OLED lighting is exciting for car makers
  • All about flexible and transparent OLEDs

The report package also provides:

  • A directory of all OLED automotive display makers
  • OLED lighting roadmaps
  • Personal contact details into leading OLED produces
  • Car concepts with OLED technologies
  • Free updates for a year

This OLED Automotive market report provides a great introduction to OLED display and lighting solutions for the automotive industry. This is a great guide for anyone involved with the automotive market - car makers, suppliers and aftermarket solutions.

Read the full story Posted: Apr 12,2023

Omdia: small-size AMOLED display shipments down 6% in 2022

Omdia says that small-size (under 9") AMOLED display shipments dropped 6% in 2022 to 762 million units, due to lower demand for smartphones.

Samsung remains the leading AMOLED maker, with a 56% market share (by unit), down from 61% in 2021, with BOE in the second plane (12%) and LG Display in the third place (11%). The next producers by shipments are Visionox and Everdisplay.

Read the full story Posted: Mar 29,2023