INT Tech to establish a $143 million OLED display fab in Taizhou, China

It came to our attention that a couple of months ago, Taiwan-based INT Tech signed an agreement to establish an OLED display fab in the city of Taizhou in Zhejiang province, China. The total investment in the project will be 1 billion Yuan (around $143 million USD) and the local government will support the project.

INT Tech developed a proprietary glass-based high pixel density OLED technology - which enables ultra high-resolution displays on glass TFT backplanes. The company is aiming to produce lower-cost and higher-performance microdisplays for the AR/XR markets.

DSCC details the production cost and prices of flexible and foldable OLED displays

DSCC posted an interesting article detailing their estimates for the production costs and prices of choice flexible and foldable AMOLED displays, in China and in Korea.

Flexible OLED production cost and price, Korea, Q2-2020 (DSCC)

We'll start with the chart above, which compares the prices and quotes of several flexible OLEDs produced by Samsung in Korea. DSCC says that as the profitability of Samsung's OLED business is highly dependent on fab utilization, it is currently losing money on this business as the yields in its flexible OLED lines are only 38% - and fixed costs such as personnel and depreciation cannot be decreased. Having said that, DSCC sees higher utilization in the next two quarters, which will result in profitability for SDC's OLED unit.

LG Display delays its P10 10.5-Gen OLED TV fab to 2025

In July 2019, LG Display announced an additional investment of $2.5 billion in its upcoming P10 10.5-Gen OLED TV fab in Paju. In June 2019 it was reported that LG display has started to install some of the Oxide-TFT deposition equipment. According to LG's original plans, mass production at the P10 fab was supposed to begin in 2021 or 2022, but this was later delayed to 2023.

LGD P10 OLED fab, Paju Korea (March 2019)

It is now reported that LG Display has decided to delay the mass production at the P10 fab to 2025 or 2026 - this pretty much means the project is now on hold. LG Display is currently seeing lower demand for OLED TV panels, due to the Coronavirus pandemic.

Tianma to delay the opening of Phase-2 of its Wuhan 6-Gen OLED fab to Q3 2020

In 2017 Tianma started producing rigid and flexible OLEDS at the company's 6-Gen fab in Wuhan. Later in 2018 the company announced plans to construct the 2nd phase of the Wuhan AMOLED fab.

According to the OLED Association, Tianma is now delaying the phase 2 of this fab, due to the Coronavirus pandemic. Originally Tianma aimed to start production in Q1 or Q2 2020, but this will not be delayed to Q3 2020. The 2nd phase adds a capacity 15,000 monthly 6-Gen substrates (in addition to the 15,000 substrates already in production).

UBI: Samsung Display updates its A3 fab to support LTPO and Y-OCTA

Samsung Display is updating its A3 flexible OLED production line, to support two new technologies. The TFT process is being updated, for some of the capacity, to Apple's LTPO technology. LTPO is currently used in Apple's Watch displays, but next-generation iPhones will adopt it as well.

SDC A3 fab: Y-OCTA and LTPO modifications (UBI)

According to UBI, Samsung will dedicate 75,000 monthly substrates to produce smartphone LTPO displays. According to some reports, Samsung has also developed its own backplane technology which is similar to LTPO, it could be that some of this capacity will be used for Samsung's own displays.

LGD's Guangzhou fab starts to produce 48-inch OLED TV panels

LG Display's original plan was to start producing OLED TV panels at its 8.5-Gen OLED fab in Guangzhou in October 2019, but following some technical issues, production was pushed back, several times. The latest report suggested that production will only begin in Q3 2020 - due to the Coronavirus pandemic, and lower market demand.

Business Korea reports today that LGD finally started to produce panels in the Guangzhou fab - 48" OLED TV panels. It seems as if LGD has not achieved mass production yet, but some panels are already being produced. Mass production will begin, according to BK, later this month.

LGD pushes back production at its Guangzhou OLED TV fab to Q3 2020

LG Display's original plan was to start producing OLED TV panels at its 8.5-Gen OLED fab in Guangzhou in October 2019, but the company faced technical issues, pushed back production to the end of January 2020 - but fixing these issues took longer than expected.

LG Display 8.5-gen OLED TV fab in Guangzhou, China

The CoronaVirus outbreak caused LGD further delays, and mass production was again delayed to 'early' Q2 2020. The latest news from Korea suggests that now LGD has pushed back production in the Guangzhou fab to Q3 2020. The cause of these delays, is again yield issues, slow engineering work due to the Coronavirus isolation - and lower demand in the market (which seems to suggest that LGD is not in a rush to begin production).

LG's iPhone display orders propel its OLED smartphone market share to over 10% in Q4 2019

Towards the end of 2019 LG Display started to supply Apple with 6.1" film-touch OLED flexible displays for its 2020 iPhone, and IHS Markit now says that these shipments propelled LGD's OLED smartphone market share to 10.8% in Q4 2019 (up from only 2.1% in Q3 2019).

Apple iPhone 11 Pro photo

In fact LGD now says that mobile OLED revenues make up for 36% of its total revenues in Q4 - which is higher than its OLED TV revenues for the first time ever.

Atomic Force Microscopy for next-gen OLED processesAtomic Force Microscopy for next-gen OLED processes