RiTdisplay is expected to overtake Samsung Electronics to become the top OLED supplier worldwide this quarter, while another Taiwan-based company, Univision Technology, will also edge up to take the third position, according to DisplaySearch.
In January, surging demand for MP3 players helped RiTdisplay record revenues of NT$161 million, up 16% sequentially. However, despite the company seeing its revenues fall 29% to NT$114 million in February, DisplaySearch still expects RiTdisplay to top all vendors in OLED shipments this quarter.
Univision has also benefited from strong demand in the MP3 player segment. The company had record revenues of NT$74 million in January and posted even better results in February.
With the industry seeing falling shipments on increased revenues, Taiwan OLED makers are looking to work their way up to the higher end of the market by producing larger, higher-end OLED panels, such as the active-matrix OLED (AMOLED) panels produced by their Korean and Japanese rivals.
RiTdisplay to top OLED market in 1Q05
Posted: Mar 18,2005 by Ron Mertens
