TCL CSoT says that it will start producing OLED displays using an inkjet printing process in the second half of 2024. This is excellent news and good to know CSoT is still on track for initial production in 2024. The company says it will first target the IT and medical sector. 

The company says that the cost of producing OLEDs using its inkjet printed panels will be lower compared to the currently-used FMM based method, and its OLEDs will offer superior performance (in lifetime, mostly) as its process enables higher aperture.

Back in April 2022 it was reported that BOE started planning a 8.5-Gen IT AMOLED Line, to target the laptop and tablet markets. Following some delays, the company has now officially announced it plans and is set to start constructing the new fab.

Asus ZenBook 17 Fold OLED (BOE panel)

BOE says that it will invest 63 billion Yuan (over $8.8 billion USD) to build the new fab in Chengdu, Sichuan Province, China - where its first B7 6-Gen flexible AMOLED line is located as well. The new fab will use 2290x2620 glass substrates (which is usually referred to as 8.7-Gen) and will have a capacity of 32,000 monthly substrates. The fab will produce flexible and foldable AMOLEDs (on a polyimide substrate).

In 2022, Japan Display (JDI) announced that it has developed a "historic breakthrough in display technology" - a new OLED deposition process which they refer to as eLEAP, that is said to be cost effective and can be used to create freeform OLEDs that are brighter, more efficient, and longer lasting compared to OLEDs produced using mask evaporation (FMM).

Japan Display announced an agreement with China-based LCD maker HKC Corp to mass produce panels by 2025 in China, based on JDI's technology, but the plan was later cancelled, and JDI said it will establish its own factory in China. The company now says that it is progressing with its negotiations with the Wuhu Economic and Technological Development Zone (in Anhui Province), and the hope is to reach a final agreement will be reached by the end of the year. Interestingly, JDI also says that it is considering building an eLEAP AMOLED fab in India, but we do not have more details.

According to Chosun Biz, both Samsung Display and LG Display are progressing in their negotiations with Apple for the supply of OLED panels for Apple's next-generation iPad devices. Apple is aiming to buy around 10 million units in 2024, and each panel is expected to cost around 3 times as much as of Apple's iPhone OLED panels. 

SDC and LGD are both planning to start production in February 2024, earlier than expected. The total capacity (at 10 million units) is still very small compared to the smartphone market (even considering the tablet display area is larger). The panels will be produced at the companies' existing 6-Gen lines. Chosun says that LGD will get 60% of the orders (6 million displays), and SDC will get the rest. 

China-based AMOLED producer Everdisplay (EDO) reported its financial results for Q3  2023. Net loss increased to 1.1 billion Yuan ($150 million USD), and total loss in 2023 so far was 2.39 billion Yuan (around $325 million USD). 

The company says that the increased loss and drop in revenues were due to the global economic recession and weak demand in the consumer electronics market. The industry is facing a fierce price competition with radical price drops by AMOLED makers causing revenues and losses to decline.

BOE hosted an event to mark the launch of its new X1 AMOLED screen, together with OnePlus, who will adopt the new display in its upcoming OnePlus 12 smartphone. BOE also announced, during the event, that it has produced over 100 million AMOLED displays already in 2023.

The OnePlus 12 will features a 2K (3168x1440) display that will offer a peak brightness of 2600 nits. The smartphone will also sport the company's own Oppo P1 display chip that features high-precision pixel calibration algorithms that ensure high brightness, high image quality - reduced power consumption (by 13%, according to OnePlus). The display is based on BOE's new-generation of LTPO backplane, that the company says offer stable high and low frequency switching and increase image performance, while reducing power consumption compared to its previous LTPO platform.

A report from Korea's The Elec publication says that Samsung Display is highly interested in next-generation OLED deposition technologies, that are not based on a metal mask (FMM). Several companies are developing and commercialization such technologies. As these may enable higher-performance OLED production, Samsung Display is interested.

A few months ago we reported that SDC is interested in SEL's maskless production technology, and indeed the new The Elec report states that the two companies are in talks. SEL is one of the three companies we are aware of that have advanced maskless technologies, the other two being Visionox and Japan Display. Samsung Display is mostly interested in a technology that it can exclusively license as it does not want other companies to produce OLEDs using the same technology. Both Visionox and JDI are interested in using their technologies in-house, which is a problem for SDC.

Korea-based OLED materials maker Solus Advanced Materials has completed the construction of a new 6006 sqm plant that will produce its OLED related materials. The new plant, located at Iksan will start trial production soon.

The main materials to be produced in this new plant are high-refractive materials and  encapsulation materials. Solus plans to build a new plant in the same site, by 2024, that will produce quantum dots materials. 

Inkjet printing pioneer JOLED has filed for bankruptcy, following many years of struggles to increase production capacity and revenues.  According to earlier reports from Japan, display maker Japan Display will take over JOLED technology and remaining operations.

There are now reports from Korea that suggest that TCL's CSoT is considering buying JOLED's OLED production equipment, and moving it to China to attempt OLED production in-house using inkjet printing. If this plan goes through, the plan is to initiate production in 2024. It's not clear whether CSoT is in talks with JDI, or whether JDI did not take over the equipment from JOLED.

In 2022, Japan Display (JDI) announced that it has developed a "historic breakthrough in display technology" - a new OLED deposition process which they refer to as eLEAP, that is said to be cost effective and can be used to create freeform OLEDs that are brighter, more efficient, and longer lasting compared to OLEDs produced using mask evaporation (FMM).

Japan Display announced an agreement with China-based LCD maker HKC Corp to mass produce panels by 2025 in China, based on JDI's technology. But now it is reported that this joint venture is canceled. The report suggests that the two companies could not agree on a license fee that HKC was to pay to JDI. There is speculation that the HKC's canceled IPO and the slowdown in China's economy are to blame.