October 2022

In case you missed it, here are some recent and popular OLED stories that you may find of interest:

• SDC confirms plans for a 8-Gen IT OLED production line, to begin operations in 2024
• Is printed-OLED producer JOLED on the brink of bankruptcy?
• Samsung to increase its QD-OLED production capacity by year's end
• LG Display to start producing mid-size WOLED panels as demand for TVs declines
• Intel and Samsung Display show a rollable 17-inch AMOLED display prototype
• LGE starts shipping a 42" bendable OLED monitor/TV
• SDC aims to mass produce OLED microdisplays by 2024
• LG Display plans a new automotive OLED production line
• Japan Display announces a breakthrough lithographic-based OLED production method
• Apple reduces its OLED orders from SDC for 2022
• OLED Microdisplays in China - industry snapshot October 2022
• DSSC sees a $65 billion OLED market in 2026
• The world's first QD-OLED devices start shipping
• Samsung starts developing a tandem OLED architecture for Apple's future iPads
• UDC says it will have a commercial blue PHOLED emitter by 2024

Researchers from China's Shenzhen University are working towards efficient selenium-integrated TADF OLED emitters.

The researchers latest work detailed the structure-activity relationship between heavy atom effects and multiple resonance TADF performance. The researchers say that their new emitters effectively solve some of the issues inherent in TADF emission technology, specifically the sharp drop in emission at high brightness, what is called the emission roll-off.

Samsung Electronics reported its financial results for Q3 2022, with its highest quarterly revenue ever (76.78 trillion Won, or $54 billion USD) and an operating profit of 10.85 trillion won ($7.7 billion USD), down 23% from the previous quarter.

Samsung Display saw record revenues (9.39 trillion Won) as demand increased for its OLED mobile panel business following the release of new flagship smartphones. The company expects to see continued strong demand for premium OLED displays.

LG Display reported its financial results for Q3 2022 - with a net loss of 774 billion Won (around $540 million USD) and a decrease of 6.3% in its revenues.

LGD says that demand for its panels is low - and in fact the company says that demand for premium OLED panels is dropping at an "unprecedented level" - especially in Europe. The market for OLED TVs is especially low.

Canada-based OTI Lumionics have raised $55 million in its latest round. This round included several strategic and financical backers - including LG Technology Ventures, Samsung Ventures, UDC Ventures, Anzu Partners and more.

OTI says it is close to commercialization of its technology and materials, but the company is still some years before this will reach products. Towards the end of 2022 OTI started shipping its 2nd-gen ConducTorr Cathode Patterning Materials (CPM) to customers, but perhaps these were only sample shipments. OTI materials are used to create OLED displays with under-the-display camera and face unlock technologies.

The MicroLED Industry Association is happy to welcome new members to the association, including LG Electronics and Comptek Solutions. LG and Comptek are the latest member to join the newly formed association, to help advance the microLED industry and related technologies.

The MicroLED Industry Association was established to help accelerate the adoption of microLED display technologies. The new association brings together leading companies and organizations active in the MicroLED industry and provides an ideal forum for solving common technology issues, fostering cooperation and sharing relevant information, resources and tools. The association will also work to promote its member companies, their technologies and products.

OLED microdisplay maker eMagin reported its preliminary financial results for Q3 2022, with revenues in the range of $7.4 to $7.6 million, an increase of 28%-31% from last year.

eMagin says it sees strong demand in the military market, increased revenue from medical customers and also increased R&D contract revenues.

According to reports in Korea, LG Display is thinking about building a new automotive OLED production line, at its now-closed LCD P4.5 production site in Gumi, Korea.

It is not clear what is LGD's current status with this project, as one reports suggests LGD has already started to order equipment, while another says the design of the new fab is not complete yet, and that LGD did not make a final decision.

According to reports from Korea, LG Display decided to halt OLED TV production at its 8.5-Gen fab in Paju, for about a month or maybe more, as demand for OLED TV panel has declined.

It seems as if LGD's inventories are increasing - in fact according to the report, LGD's inventory at the first half of the year increased 73.4% compared to the same period last year. OLED TV makers like LG Electronics and Sony are also seeing their own TV inventories up.

Japan-based PMOLED maker Futaba announced that it is entering a business partnership agreement with Taiwan-based PMOLED maker RiTDisplay for the production of OLED displays.

Futaba is already collaborating with RiTDisplay for parts of the PMOLED production process, but now it will expand this project and move the entire PMOLED production process to RiT Display. The two companies will also partner to share technical details and co-develop and market automotive PMOLED displays.