Visionox is based in China and was founded by Tsinghua University and other investors in 2001 with an aim to develop and manufacture OLED display and lighting panels.
The company has been producing PMOLED displays for many years, and has begun AMOLED production in late 2015. In 2018 Visionox announced that it started to produce flexible AMOLED displays at its new 6-Gen OLED fab, in Hebei Province.
In 2015 Vixionox spun-off its OLED lighting business into a separate company called Yeolight Technology.
The latest Visionox news:
China-based OLED producer Visionox unveiled new foldable OLED prototypes at the China Information Technology Expo.
Visionox demonstrated inside and outside folding panels, 8.5-inch OLED that folds in two places and a larger 10.5-inch panel that folds in three places. Visionox says that its panels can be folded over 300,000 times.
In September 2019 Nubia unveiled the Alpha - smartband that turns into a smartphone - with a foldable OLED display. Nubia said it will launch its Alpha foldable smartband by the end of 2018, but later updated the launch date to April 2019.
Nubia has started to accept pre-orders for the Alpha which will start shipping tomorrow in China only for now - for 3499 Yuan (around $520). The first device to ship is the Bluetooth variant - and Nubia plans to release an eSim variant which will cost around $625 and will launch in Q3 2019.
DSCC says that OLED market revenues will grow from $26.5 billion in 2018 to $28.7 billion in 2019 and over $52 billion by 2023. The largest application will remain smartphone displays, but several other applications will generate over $1 billion in 2023 - TVs, tablets, notebooks and monitors. By area of production, TV displays will surpass smartphone displays in 2021.
Samsung is still (and will remain so) the dominant AMOLED display producer, even though its market share will drop from 97% in Q1 2018 to 81% in Q4 2019. In Q1 2019 Visionox surpassed LGD to become the 2nd largest AMOLED producer (but most of Visionox's panels are low-end 5.5-inch panels). DSCC expects LGD to regain its number 2 position in the second half of 2019. BOE is the third player and will remain so following its supply agreement with Huawei.
In January 2019 Xiaomi unveiled a video of its new prototype smartphone that uses a tri-foldable OLED display. According to a new report from China, Xiaomi plans to ship the device sometimes between April and June - with a price tag of $999.99.
In September 2019 Nubia unveiled a smartband that turns into a smartphone - with a foldable OLED display. Nubia said it will launch its Alpha foldable smartband by the end of 2018. This did not happen, but at MWC 2019 the company demonstrated the device again - and announced a new release date and prices.
The Nubia Alpha will start shipping in April 2019 in the US and Europe - but only the Bluetooth variant. The cost will be around $500. Nubia will also release an eSIM device - which will cost $624 and will launch in Q3 2019.
DSCC released the interesting (but confusing, note the legend starts at 350M) chart below, detailing the market share of smartphone OLED producers in 2016-2019. As can be seen Samsung will remain the dominant producer, but its market share in 2019 will drop from 94% in 2018 to around 85%.
Non-SDC shipments will increase to 73 million units in 2019 - led by LG Display (~25 million units), BOE (around 20 million) and Visionox (around 15 million units).
Last week Xiaomi unveiled a new prototype smartphone that uses a tri-foldable OLED display. The demonstration looks very nice, although the company did not disclose any information or specification.
Digitimes claims that Visionox is the supplier of the foldable OLEDs. Visionox is also the supplier of the foldable OLEDs used by Nubia for its upcoming (?) Alpha foldable device.
CLSA says that as OLED displays are too expensive for many smartphone makers and lack enough differentiation to LCDs, the company is lowering its OLED adoption forecasts. CLSA now expects China's OLED smartphone shipments to total 116 million in 2018, 143 million in 2019 and 168 million in 2020. CLSA lowered its forecasts by 12-21%. In terms of penetration into the total Chinese smartphone market, CLSA sees 14% in 2018, 18% in 2019 and 21% in 2020.
Looking at the OLED makers, side, CLSA sees ample OLED supply in coming years, which means that expansion is likely to slow. CLSA assumed that OLED makers will achieve 70% yields and a utilization rate of 90%, which will bring all OLED makers to have a combined production capacity of around 288 million 6" panels in 2020. As demand will be only 168 million by Chinese phone makers (and remember there's also Samsung and LGD of course), this will create quite an oversupply situation in China. CLSA cuts its China OLED production forecasts by BOE, Tianma, Visionox, CSoT and Everdisplay by 23% to 26% in coming years.
Yeolight Technology (which was spun-off Visionox in May 2015) developed candle-shaped transparent OLED lighting panels. The segmented panels have five different lighting panels each with its own brightness. The total size is 11.26 x 26.26 mm (with a thickness of 1.05 mm).
Yeolight tells us that these new OLED candles has been developed for a customer that will soon ship its final product to the market. The panels are now in production.
Merck announced that is has signed a Memorandam of Understanding with China's Visionox to accelerate the development and application of OLED displays. Merck did not provide a lot of details, but it did say that this agreement markets a strategic alliance between Merck and Visionox.
Merck offers a complete portfolio of materials for OLED display and lighting devices - including evaporation and soluble materials suitable for ink jet printing.