TCL CSOT - Page 3

DSCC reports that according to its information, OLED panel shipments in Q3 2023 increased 14% from last year (and 18% from the previous quarter) to reach 205 million units. There are positive signs that inventory has started to rebalance for some categories.

OLED smartphone shipments increased 12% over last quarter (and 25% from last year), while OLED TV shipments continue to be soft, and dropped 14% from last quarter and 40% (!) from last year.

Inkjet printing pioneer JOLED has filed for bankruptcy, following many years of struggles to increase production capacity and revenues.  According to earlier reports from Japan, display maker Japan Display will take over JOLED technology and remaining operations.

There are now reports from Korea that suggest that TCL's CSoT is considering buying JOLED's OLED production equipment, and moving it to China to attempt OLED production in-house using inkjet printing. If this plan goes through, the plan is to initiate production in 2024. It's not clear whether CSoT is in talks with JDI, or whether JDI did not take over the equipment from JOLED.

In 2021, TCL's CSoT started producing foldable OLED panels, and the OLED Marketplace  now lists the first such panel, a 8.01" 60Hz 2480x1860 AMOLED smartphone display, with an embedded touch panel.

If you are interested in this display for your device or new project, contact us now, or check out more information over at the OLED Marketplace. It is available in sample quantities, and in large volume orders.

UBI Research estimates that the foldable OLED market will reach 22 million units in 2023, and will grow to 61 million units by 2027, a CAGR of 29%.

UBI also published a forecast on cover material market for foldable OLEDs - this market will also expand, and will grow to $840 million n 2027. UBI says that the market share of ultra-thin glass will grow, as Samsung will only produce foldable OLEDs with UTG in the future, and other makers including BOE, CSoT and Visionox are developing UTG panels. 

Earlier this year, we reported that Samsung filed a request at the US International Trade Commission (ITC) to ban BOE's aftermarket AMOLED panels in the US, as they infringe on Samsung's OLED patent. Following the request, the ITC started a formal investigation.

According to a new report from China, several OED makers in China (BOE, Tianma, TCL CSoT and Visionox) have joined forces and filed a motion to invalidate one of Samsung's main OLED patents in the US. This is a response to SDC's request to halt BOE's US aftermarket AMOLED panel sales.

TCL CSoT had several interesting new OLED demonstrations at SID DisplayWeek 2023, all of which were produced by inkjet printing, which shows the company's commitment to the new production process.

First up is the company latest inkjet-printed panel, this time CSoT showed a 8K (7680 × 4320) 65" TV panel that is foldable (with a bending radius of 25 mm). The panel offers a peak brightness of 800 nits, a response time of under 1 ms and a refresh rate of 120Hz.

Most analysts seem to agree that global demand for OLED displays is set to slow down in 2023. DSCC says that revenues will decrease 7% in 2023, led by a drop in demand for OLED smartphone and TV displays. Omdia also agrees, saying that OLED fab utilization remains low.

China-based Sigmaintaell, meanwhile, is optimistic on China's own OLED industry, expecting production to jump 40% in 2023. Sigmaintell says that Chinese phone makers are increasing their adoption of OLED displays in high-end and mid-range models. The company's analysts expect over 220 million Chinese OLED panels to ship in 2023, and China's OLED market share to rise to 38%, up from 28% in 2021.

TCL CSoT says that it has developed a new hinged-pixel design that can enable uniform stretchable displays.

The idea is to connect adjacent pixels with flexible hinges, so that when the display is stretched, the hinges make sure the pixels retain a fixed distance between them. The company says that this design can remain uniform for up to 40% expansion.

DSCC says that spending on equipment for the production of large area OLED panels (used in TVs and monitors) have decreased from $3 billion in 2019 to $2.05 billion in 2020, $1.47 billion in 2021 and will drop further to $1.42 billion in 2022.

DSCC estimates that in 2023, the spending on such equipment will be zero. But OLED producers will resume buying large OLED equipment in 2024. Spending in 2024 will amount $2.01 billion, and in 2025 - $1.51 billion.

TCL's CSoT demonstrated a new prototype AMOLED display - a 17" IGZO foldable panel, that was produced using inkjet printing. The company says this kind of panel can be used in tablets, monitors and laptops.

CSoT is progressing with its inkjet printing technology, and aims to start production in 2023. Last year the company demonstrated a 65" 8K inkjet-printed OLED TV panel, in addition to a 14" rollable panel.