about 1 year ago - No comments
The Korea Economic Daily reports that Apple has signed a deal with LG Display to secure flexible OLED capacity. Apple will pay $2.7 billion to LG Display in order to secure 45,000 monthly substrates in LGD’s upcoming 6-Gen production facility, starting in 2019. The newspaper says that the two firms agreed to keep this deal confidential as Apple also partnered with Samsung Display for the supply of OLED capacity. Apple was always assumed to want a second OLED supplier, and earlier this week LGD confirmed it is seeking financial help from strategic partners as it embarks on an aggressive OLED expansion plan . Read more about Reports say Apple to invest $2.7 billion to secure LGD's flexible OLED capacity in 2019
about 1 year ago - No comments
Samsung Electronics reported a record-breaking quarter, with revenues reaching 61 trillion Won ($54 billion USD) and an operating profit of 14 trillion Won (about $12.6 billion USD). The company’s enjoyed a very strong chip and component business, which offset a slight decline in mobile devices revenues. Samsung Display posted an operating profit of 1.7 trillion Won ($1.5 billion) from revenues of 7.7 trillion Won ($6.8 billion). SDC’s OLED business is strong and the company forecasts increased sales of flexible AMOLED displays as more smartphone makers are adopting flexible OLEDs. Read more about Samsung reports a record-breaking quarter, sees lower OLED revenue ahead
about 1 year ago - No comments
A few days ago LG Display disclosed its financial results for Q2 2017 and announced a large OLED investment plan to increase capacity for both OLED TVs and small-sized flexible OLEDs . During its investor conference call, LG Display disclosed that it plans to finance some of the capacity increase through strategic partnerships such as customer commitments. In the past months we heard reports that both Apple and Google are in talks with LGD regarding an investment to secure OLED capacity. It seems likely that LGD now verified these reports – but the investments are probably not finalized yet. Read more about LGD confirms it is in talks with strategic partners to fund its aggressive OLED expansion plans
about 1 year ago - No comments
IHS estimates that flexible OLED production capacity is set to increase from 1.5 million square meters to 20.1 million square meters between 2016 and 2020. That’s a compound annual growth rate of 91%! IHS says that almost all new small-sized displays OLED capacity added in the future will be used to produce flexible OLEDs, which will grow the market share of flexible OLEDs for mobile applications from 28% today to 80% by 2020. In the years between 2016 to 2020, OLED producers in China, Korea and Japan will build the equivalent of 46 new flexible AMOLED fabs (each with 30,000 monthly substrates). Read more about IHS: flexible OLED capacity to almost double each year until 2020, leading to potential oversupply
about 1 year ago - No comments
LG Display announced its results for Q2 107 – revenues increased 13% from 2016 to KRW6.63 trillion (around $6 billion USD) and net income reached KRW737 billion ($660 million USD). TV panels accounted for 46% of LGD’s revenues, mobile devices 22% and desktop monitors and tablets and notebook displays accounted for the rest. In addition to the earning results, LGD detailed its investment path for OLEDs, as was decided in a recent board meeting. First of all, LGD decided to build a 10.5-Gen (2940×3370 mm) OLED line in its upcoming P10 fab in Paju. LGD will make an up-front investment of KRW2.8 trillion ($2.5 billion USD). The whole fab will require more investments but LGD says it is taking a prudent approach – it will only begin mass production of OLED TVs after stabilizing the technology for these extra large size substrates. Read more about LGD announces $7 billion in new OLED investments: a 10.5-gen and 6-Gen lines in Paju and a 8.5-Gen line in Guangzhou
about 1 year ago - No comments
BMW has been developing OLED automotive lighting for many years, and in 2015 BMW has announced now that they are starting to produce the M4 GTS, with its OSRAM-made OLED taillights in very limited quantities . BMW is yet to release a serial car with OLED lighting. The company’s latest concept car, the Concept 8 Series, does use OLED taillights as can be seen in the photo above, though. The new car has lot’s of new design ideas – and BMW aims to include about 80% of these when the car enters the production stage. Read more about BMW's latest concept car uses OLED taillights
about 1 year ago - No comments
SmartKem announced that it has finalized an industrial grade 2.5-Gen (400×500 mm) process for the mass production of OTFT backplanes on glass or plastic. SmartKem achieved this step at its pilot line in the UK CPI and its own synthesis and formulation Technology Centre based at Hexagon Tower in Manchester. The approved process is now being transferred to its production partners in Asia. The OTFT backplanes can be used for LCD or OLED displays. SmartKem’s customer will integrate the new process in a pilot line for the manufacture of product prototypes and scaled display production. It is anticipated that the first display products manufactured through this collaboration will hit the Asian market within 12-18 months. Read more about Smartkem announced OTFT advances in Asia
about 1 year ago - No comments
Analysts from IHS say that as AMOLED displays continue to replace LCD displays and the AMOLED market is growing quickly – the market for fine metal mask (FMM) components will also experience fast growth in coming years. IHS sees the FMM market in 2017 generate $234 in revenues. The market will grow at a compound annual growth rate (CAGR) of 38% until 2022 – to reach $1.2 billion. IHS says that FMM production is a challenge and FMM technology has become a bottleneck as display resolution is increasing and the number of FMM suppliers is limited. The leading producer is Dai Nippon Printing , and the company’s FMM masks are using to produce the majority of AMOLED displays. Read more about IHS: the AMOLED FMM market will reach $1.2 billion in sales in 2021
about 1 year ago - No comments
AndroidPolice blog claims it has exclusive information regarding Google’s upcoming flagship smartphone, the 2017 Pixel XL. Besides the leaked image you see below, the blog claims that the Pixel XL will use a 6″ flexible OLED display (2:1 aspect ratio) – produced by LG Display. The OLED display will have (according to the leaked image) curved corners – but it will not sport an edge-folded design. Read more about Will LG produce the OLED screen for Google's upcoming 2017 Pixel XL smartphone?
about 1 year ago - No comments
Korean news site DDaily posted an interesting article that states that LG Display is looking to replace the fluorescent OLED emitter used in its OLED TVs with a blue TADF emitter, made by Cynora . Following the introduction into LG’s OLED TV production process, LG hopes to also use TADF materials in its small and medium OLED production. The report is a bit confusing, but it seems that LGD also aims to use its WOLED display in small and medium display formats – even for VR applications. Read more about LG aims to adopt a blue TADF emitter in its 2018 OLED TV stack