LG to start producing automotive pOLED displays by the end of Q2 2019

LG Display announced that it has shipped over 100 million automotive displays. The area of all the displays the company has produced so far is equivalent to around 1.5 million m2, or 200 football fields. LG is supplying its automotive displays to Daimler Benz, BMW, Hyundai Motors, Toyota, Honda, Tesla, GM, and more.

LGD 12.3'' P-OLED automotive concept

LGD is currently producing only LCD automotive displays, but the company has been developing pOLED automotive for many years. LGD now says that it will start producing automotive pOLED displays by the end of Q2 2019, in its 6-Gen E5 flexible OLED line in Gumi, Korea.

Read the full story Posted: Apr 04,2019

LG Chem acquires DuPont's soluble OLED IP and technologies

LG Chem has acquired DuPont's soluble OLED technologies and assets, in a deal estimated at $175 million. LG Chem will receive DuPont's entire soluble OLED IP (540 materials and process patents) and all of DuPont's related equipment and R&D facilities. The deal does not include any assets related to Dupont's evaporation OLED business.

LG Chem and DuPont soluble OLED technologies acquisition ceremony

LG Chem believes that the OLED industry is moving towards ink-jet printing of OLED panels based on soluble OLED materials and technologies - and it has now acquired key technologies in this area. DuPont has been developing related materials for over 20 years, has been collaborating with equipment makers (such as Kateeva) and display makers and has also developed its own nozzle-printing process.

Read the full story Posted: Apr 03,2019 - 3 comments

Is LG Display pulling out of the OLED lighting market?

Update: ETNews reports that LGD will not quit the lighting market completely, but change its focus to automotive OLED lighting

According to our information (from several sources within the industry), LG Display has decided to quit the OLED lighting market. LG found it difficult to ramp out production in its new OLED lighting fab and from what we understand the future prospects of the business did not seem good enough for the company.

Acuity Brands Chalina lit on wall photo

This is very unfortunate news, as LG Display was seen by many as the leading company behind OLED lighting - and the one that could be the "champion" of the technology that will finally enable it to reach mass markets.

Read the full story Posted: Apr 03,2019 - 3 comments

DSCC: AMOLED revenues to reach over $52 billion in 2023

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.

AMOLED shipments by application (2017-2023, DSCC)

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.

Read the full story Posted: Apr 01,2019