Omdia says that in 2020, LG Display's OLED TV sales surpassed LGD's LCD TV sales, for the first time. LGD's OLED TV sales were 53% of the company's total TV sales (up from 33% in 2019).
Omdia says that it expects LG's total OLED display sales (including TVs, mobiles and automotive displays) to reach 10 trillion Won in 2021 (around $9.15 billion USD).
LG's mobile OLED sales are also on the increase, and in the smartphone sector its OLED sales increased to 63% out of Lg's total smartphone display sales (up from 30% in 2019) as LGD starts to ramp up production for Apple iPhones. Yuanta Securities estimate that LG Display's mobile p-OLED display sales will hit $8.8 billion USD in 2021 and $10 billion 2022, up from $6.6 billion in 2019.
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Posted: Jan 08,2021 by Ron Mertens
