Yesterday we reported that during its DTC 2021 conference, TCL demonstrated a 65" inkjet-printed 8K OLED panel co-developed by TCL's CSoT and JOLED. During the conference, the company also unveiled another panel a rollable OLED.
This is a 14" inkjet printed OLED panel, produced using an inkjet printing process.
According to a report from China, TCL demonstrated 65" 8K OLED panel, produced using an inkjet printing process. This display was co-developed by TCL's CSoT and JOLED.
Last year it was reported that TCL's CSoT is building a $6.8 billion 8.5-Gen inkjet printing line in Guangzhou (the T8 line), with production expected to begin in 2023.
In early 2021 we hoped that by the end of the year, we'll see some commercial rollable OLED smartphones. LG Electronics aimed to be the first company to release such a advice, hoping to launch it in early 2021.
Later in 2021 LG Electronics closed its smartphone business, and the rollable OLED phone project was scrapped. LG is still offering the rollable OLED TV, but this uses a completely different production process, and is extremely pricey (it is likely that LG only shipped a handful of these TVs to date).
OLED microdisplay maker eMagin reported its financial results for Q3 2021. Revenues were $5.8 million in the quarter, down from $7.3 million in Q3 2021. Operating loss in the quarter was $3.3 million (down from $1.9 million in Q2 2021).
eMagin says that during the quarter it continued to grow its ENVG-B program revenues and also its medical customer revenues, but in total its revenues decreased due to timing issues of certain military orders, and also $1.3 million in shipments were delayed to Q4 due to to production issues and unexpected manufacturing tool downtime.
BOE is now mass producing flexible OLED displays in two production lines, and the company says it has shipped around 40 million OLED displays in the first three quarters of 2021. One of the company's main AMOLED customers is Apple.
A few days ago we reported that BOE started mass producing OLED displays at its 6-Gen B12 production line in Chongqing, China. With the B12 line in full capacity (expected by late 2022 or early 2023), BOE's OLED production capacity will reach 144,000 substrates.
The OLED market is set for another record year in 2022, as mobile OLED penetration into smartphones and watches continues to grow and demand for IT OLED displays, foldable displays and OLED TVs is surging. If you are looking to promote your company's products and services for the OLED market, increase industry awareness of your technology, and generate industry leads - OLED-Info is the perfect choice!
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Continental announced that it has earned its first major order to supply OLED displays to a global vehicle maker. The total order value is around â¬1 billion.
Continental's solution is built from a multi-display that stretches from the driver's area to the center console, and integrates two OLED displays which are optically bonded behind a curved glass surface. Production of the display solution is scheduled to start in 2023.
According to reports, BOE started mass producing OLED displays at its 6-Gen B12 production line in Chongqing, China. The ramp up is in stages, with the plant expected to reach full production capacity in late 2022 or early 2023.
The reports suggest that the first panels in production now will ship to Oppo for its smartphones. Actual shipments will begin by the end of 2021 (it is likely that actual production volume right now is still low).
DSCC posted an interesting article, comparing the production costs of OLED vs mini-LED panels for IT. DSCC estimates that for tablets and notebooks, a tandem structure will be used, and the panels will be based on rigid substrates.
In the chart above you see a production cost comparison, between 2021 and 2025, for 12.9" panels. DSCC looks at two OLED production options: a tandem OLED panel with an LTPO backplane produced in a 6-Gen fab, and a similar panel that uses an Oxide-TFT backplane and produced in a larger 8.5-Gen fab. As you can see, OLED panels are more cost effective, and will remain so throughout the forecast period.
DSCC says that it expects OLED investments (new production capacity) to increase in the IT space, as demand for laptops, tablets and monitors increases and OLED penetration increases. There is much room for growth in this market - DSCC estimates that the current OLED penetration into the IT display market is just 1.4% in 2021. DSCC expects to see fabs focused on the IT markets accounting for 37% of 2022-2025 OLED equipment spending.
Helped by spending in IT markets, 2024 is expected to be the largest year for OLED equipment spending since 2017. Interestingly, DSCC says that OLED spending in China is has slowed due to a lack of penetration, but OLED spending in Korea continues to increase. Korea’s OLED spending is expected to grow by 637% in 2022 and another 50% in 2023 to $4.4B.
