Korea Investment & Securities produced an interesting investment report about the Korean and Taiwanese AMOLED industry. They focus on material and equipment suppliers. Basically they say that large OLED panels will be produced soon (by 2013 or 2014 at the latest) by both Samsung and LG, and they try to identify which companies will benefit from this OLED market expansion. They say that both LG and Samsung will eventually convert their lines to Oxide-TFTs.
Strangely they do not even mention Universal Display and Novaled - which are both major material suppliers to Samsung and LG - even though they do list a lot of "foreign" material suppliers such as Dow Chemical, Idemitsu Kosan, Merck and even Kodak (which is no longer into OLEDs...). In their analysis for Duksan, for example, they do not mention the fact that the green material is now supplied by Universal - which should reduce the company's revenue from OLEDs... So we do not vouch for this report...
It does contain a lot of technical information about Samsung and LG's existing and upcoming production plants and technology and suppliers used in those plants. For example, they say that SMD plans to partly introduce LITI technology for the organic materials deposition process at the 5.5G A2 P3 line - which means that higher-resolution OLEDs may be available be the second half of 2012.
The report also includes in-depth info on the following suppliers: Cheil industries, Duksan Hi-Metal, SFA Engineering, IDC, AP Systems and Advanced Nano Products.
also
- Tokki was acquired by Canon
- Vitex was acquired by SMD
- Plus probably many more....