UBI explains their views of the OLED TV industry, gives bullish OLED market forecasts

During the OLED World Summit, an analyst from UBI gave an interesting presentation, showing the company's view of the current status of the OLED TV industry, and their OLED market forecasts for upcoming years.

UBI OLED TV industry status update (Nov 2015)

So first of all, we have LG and Samsung. LGD has obviously been successful in launching WOLED OLED TVs, and scaling up to mass production has been achieved. LG is also hopeful that solution processing will enable them to produce RGB-structured OLEDs efficiently. LG is collaborating with Merck and Espon on printing technologies.

Read the full story Posted: Nov 14,2015

Stanley Electric demonstrates an OLED tail light prototype

Japan-based Stanley Electric developed an OLED tail light prototype, and demonstrated it at the Tokyo Motor show. The company aim to commercialize such a tail lamp by 2020.

Stanley Electric OLED tail lamp prototype (Nov 2015)

When the lamp is off, it is almost transparent it shows the chrome-plated reflective plate - the idea is that when it is not in use it looks similar to other chrome-plated vehicle parts. We do not know who provides the red OLEDs used in this prototype.

Read the full story Posted: Nov 13,2015

Updates from LG Display - brighter OLED TVs next year, rollable and transparent gigantic wall displays in the future

Our friends from FlatPanelsHD visited LG Display in Korea, and came back with some interesting information regarding LG's plans for the OLED TV market.

First of all, LG is still developing its 0.97mm wallpaper-thin OLED TV with an aim to make it more durable - and also to figure out the cable issues. Currently LG is using an external box for all the connections - and LG considers using this design in future OLED TVs so the display itself can stay as thin as possible. The current plan is to release a 0.97 mm OLED TV commercially towards the end of 2016.

Read the full story Posted: Nov 13,2015

eMagin reports their financial results for Q3 2015, updates on direct-emission displays and AR/VR efforts

eMagin, the OLED microdisplay maker, reported their financial results for Q3 2015. Revenues were $5.4 million - down from $7 million in Q2 2015 due to a decrease in both product sales and R&D contract revenue. Net loss was $2.2 million, and eMagin currently has $5.1 million in cash and equivalents.

An eMagin OLED microdisplayAn eMagin OLED microdisplay

eMagin decreased its revenue guidance for 2015 and now anticipates annual revenues of $24 million or above. A couple of months ago eMagin has entered into an agreement with Craig-Hallum Capital Group that will allow them to raise up to $4.5 million.

Read the full story Posted: Nov 13,2015

Idemitsu Kosan and Doosan sign an OLED material business agreement

Idemitsu Kosan and Doosan Corporation announced a new OLED business arrangement and cross-patent agreement. The two companies will cooperate in OLED manufacturing and each company will be allowed to develop, manufacture and sell OLED materials using the other company's patents.

Idemitsu and Doosan hope that the new agreement (which will hopefully be concluded by the end of 2015) will enable the acceleration of OLED material development, lower production costs and an increase in OLED supply deals.

Read the full story Posted: Nov 12,2015

Coherent expects substantial OLED ELA processing equipment orders in 2016

Coherent logoPhotonics based solutions provider Coherent announced their financial results for Q3 2015, and the company reported that they shipped their third Linebeam 1500 OLED ELA system in the quarter (this system costs around $20 million). Coherent expects "substantial" new OLED orders in 2016 with deliveries expected in 2017.

Coherent commented that most OLED displays for mobile phones are processed using their equipment - which means that Samsung Display is a Coherent customer. The new system is probably also being supplied to SDC, but it may also go to LGD or other makers. The ELA process is used to process the LTPS backplane. LG Display does not use such equipment to make OLED TVs as they are based on Oxide-TFT backplanes. Coherent expects to see a broader adoption of OLED display in mobile phones in the near future.

Read the full story Posted: Nov 12,2015 - 2 comments

QD Vision announces $22 million in funding and a co-development agreement with BASF

Quantum Dots developer QDVision announced a new $22 million investment round led by Tsing Capital and BASF Venture Capital. QDVision says the funds will be used for further development efforts and to support the company's accelerating growth as QD enhanced LCDs are entering the market.


QDVision also announced a new joint-development agreement with BASF for a QD-enhanced backlight and color filter for LCD displays. For more information on QDVision's technology, hop over to the company's presentation on the OLED Auditorium.


Read the full story Posted: Nov 12,2015

Universal Display reports financial results for Q3 2015

Universal Display reported their financial results for Q3 2015 - with revenues reaching $39.4 million (up from $32.9 million in Q3 2014) and net income of $7 million (up from $4.3 million in Q3 2014).

UDC generated $5.4 million in the quarter - and the company forecasts that free cash flow will reach $100 million in 2015, double that of 2014. UDC has $362 million in cash and equivalents. The revenue guidance for 2015 was maintained at $200 million (but they narrowed the upside and downside to 3%).

Read the full story Posted: Nov 12,2015

DIgitimes: LG Display to supply OLED panels for Xiaomi

Digitimes reports that LG Display is in talks with China's Xiaomi to provide OLED panels for smartphones. The two companies aim to sign a supply agreement by the end of the year as Xiaomi wants to start receiving panels in the second quarter of 2016.

According to Digitimes LGD has been supplying OLEDs to Xiaomi since 2014. This is highly unlikely as Xiaomi has not released any AMOLED product, and LGD is not mass producing small sized AMOLEDs for mobile phones.


Read the full story Posted: Nov 12,2015