Automotive OLEDs: introduction and industry news - Page 7

UBI Research says that shipments of medium and large area OLED panels (which the company defines as 10 inches and up) will reach 26.1 million units in 2022. The market is set for fast growth, and shipments will reach 69.5 million units by 2027.

The main application by revenue will be TV panels, over the whole projected period, and OLED TV panel shipments will reach 14.8 million units in 2027, and generate $9.18 billion in sales.

Yeolight showed several new OLED lighting taillights designs at the Automotive Lighting Exhibition in Shanghai. In the video below you can see the various prototypes.

Some of these displays seem very impressive, with a large amount of panels. The full-length taillights have 1,434 OLED panels in different shapes and sizes, and support multiple dynamic effects.

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.

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.

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.

During the 2022 Light+Building tradeshow, OLEDWorks and Audi demonstrated a new OLED automotive rearlight unit:

The unit is Audi's latest rear model demonstrator of the A6 e-tron concept vehicle. The new concept features a significant increase in the number of OLED segments from what is currently on the road from Audi, and it looks like a beautiful concept.

UBI Research says that OLED emitting material sales amounted to $412 million in the second quarter of 2022, up 7.8% from last year. Sales decreased about 2.1% from Q1 2022.

UBI says that the sales of OLED panels were seasonably low in the second quarter (compared to Q1), but this was somewhat offset due to favorable exchange rates, and supply of new materials with higher prices.

Samsung Display's CEO Choi Joo-sun says that the company sees a great potential for OLED displays in the IT market (mainly notebook and monitor displays), and that Samsung is building a new 8-Gen (2200x2500 mm) production line which will begin production in 2024. The glass efficiency at 8-Gen (uncut glass) will be 20% higher compared to Samsung's 6-Gen lines.

This new fab was already reported last year, but this is the first time we officially hear a commitment from SDC. According to DSCC, there are over 10 8.5-Gen OLED lines under consideration now in the industry, as demand for OLED panels for laptops, tablets and monitors is o the rise. Samsung is the current leader in OLED IT displays.

DSCC says that in Q2 2022, OLED panel revenues increased 12% compared to Q2 2021, while shipment units declined 3%. Fewer OLEDs were shipped, but revenues increased as we've seen an increased growth in high value panels (gaming, monitors, laptops, automotive, etc) and also an improved form factor adoption in smartphones.

In Q2 2022, smartphones remained the largest OLED application with a 76% unit and revenue share. OLED smartwatches had a 16% unit share (and a 6% revenue share), and OLED TVs had a 11% revenue share (up from 8% in Q1 2022).

Today we published a new edition of our Automotive OLED Market Report, with all the latest information. The new edition includes news from LGD, BOE, EDO, Samsung, BMW and others.

Reading this report, you'll learn all about:

• OLED advantages and challenges
• PMOLED and AMOLED displays adopted in cars today
• Why OLED lighting is exciting for car makers
• All about flexible and transparent OLEDs

The report package also provides:

• A directory of all OLED automotive display makers
• OLED lighting roadmaps
• Personal contact details into leading OLED produces
• Car concepts with OLED technologies
• Free updates for a year

This OLED Automotive market report provides a great introduction to OLED display and lighting solutions for the automotive industry. This is a great guide for anyone involved with the automotive market - car makers, suppliers and aftermarket solutions.