Samsung Display posted its financial results for Q2 2024, with $5.5 billion in sales and $730 million in operating profit. The company says that its mobile AMOLED unit have seen sales growth, driven by solid demand for flagship products, along with effectively supporting new smartphone launches from key customers (i.e. mostly Apple).
SDC also saw increased sales of both IT OLEDs (mostly tablets and laptops), and gaming monitor panels. The company reported stable sales of QD-OLED TV panels.
SDC sees increased sales of mobile AMOLED panels, as the its major customers are releasing new products, and also there is potential replacement demand with the adoption of AI. However, the company warns that the competition between display makers is increasing.
