Samsung Display - Page 26

As demand for foldable phones is increasing, Samsung Display is reportedly planning to add three more module production lines in Vietnam to expand its capacity. Once these three new lines are added, SDC will have 10 foldable OLED module production lines in Vietnam.

SDC's current monthly foldable OLED module production capacity is around 1.5 million units, and these new lines will expand SDC's capacity to 2 million units. SDC expects to install the new equipment in 2022. This will help the company reach its target of 18 million foldable OLED panel shipments next year.

DSCC says that Q3 2021 was a record quarter for foldable smartphones - with shipments growing 215% from Q2 2021 and 480% from Q3 2020 to reach 2.6 million units. Samsung Electronics controls the market with a 93% share, followed by Huawei (6%).

DSCC expects the growth to continue and shipments in Q4 will reach almost 4 million units. Looking at specific models, the Galaxy Z Flip 3 has a 60% share, followed by the Galaxy Z Fold 3 with a 23% share.

Last week we reported that Samsung Electronics plans to reveal its first QD-OLED TVs in early 2022. According to a new report in Korea, Samsung Display's first QD-OLED panels will be 65-, 55- and 34-inch in size. This means that in addition to Samsung's TVs, we are likely to see OLED monitors as well.

This is very good news to the consumers who have been waiting for OLED monitors for so many years. Some OLED monitors are already shipping - but only very high-end ones for professionals, such as LG's $3,999 31.5" UltraFine OLED Pro monitor.

Samsung Display launched a new web site dedicated to its OLED technologies, that shows the properties and applications of its OLED displays, and includes lot's of media and links that explains the benefit of OLED technology, how it works, etc.

In the new site Samsung Display also unveils its new flexible OLED branding - "Flex" which includesthe company's flexible foldable and rollable displays.

Reports from Korea say that Samsung Electronics plans to reveal its first QD-OLED TV at CES 2022 (5-8, January, 2022). The company hopes the new OLED TV technology (produced by Samsung Display) will enable it to compete with LG in the premium OLED TV market.

This was already reported back in July 2021, when it was said Samsung's first TVs will be 55" and 65" in size, with 70-inch panels arriving later in 2022.

In early 2021 we hoped that by the end of the year, we'll see some commercial rollable OLED smartphones. LG Electronics aimed to be the first company to release such a advice, hoping to launch it in early 2021.

Later in 2021 LG Electronics closed its smartphone business, and the rollable OLED phone project was scrapped. LG is still offering the rollable OLED TV, but this uses a completely different production process, and is extremely pricey (it is likely that LG only shipped a handful of these TVs to date).

UBI Research estimates that Samsung Display will increase its foldable OLED panel production from ~8 million units in 2021 to 18 million panels in 2022. This will enable Samsung Electronics to increase its foldable phone shipments from around 7 million in 2021 to over 14 million in 2022.

As SDC's foldable panel capacity increases, the company will also have to increase is foldable OLED module production capacity, and the UTG glass processing capacity at Dowoo insys. subsidiary.

Samsung Electronics reported its financial results for Q3 2021, with record quarterly sales ($63 billion USD) and an increase of 31% in net profits (to $10.5 billion).

The strong performance was mostly thanks to Samsung's chip business and the weak Korean won. Samsung's display business also enjoyed a good quarter, with strong sales of small and medium-sized OLED panels. Samsung's large-area LCD business, though, posted losses as prices of LCD panels declined.

According to a new report from Korea, Samsung has decided to build a new flexible OLED 6-Gen (1500x1850 mm) production line (A4E, although this could be a tentative name), which will be located at Samsung's Asan production complex.

The new fab will have a monthly capacity of 30,000 substrates. The first phase (15,000 substrates) will enter production by the end of 2022, and the second phase a year later. Total investment is estimated at over 1 trillion KRW (around $854 million USD).

UBI Research estimates that Samsung Display shipped 124.76 million smartphone AMOLED panels in Q3 2021, an increase of 24.6% from the previous quarter, enjoying high demand from Apple for its iPhone 13 series.

SDC produced and shipped 62.63 million rigid panels (or about 50% of its total shipments), for low-end and mid-tier smartphones. Flexible OLED shipments were 58.2 million units (out of which 39.31 million went to Apple), and foldable OLEDs shipments reached 3.93 million units.