In early 2016 UBI Research estimated that LG Display will produce 1.2 million OLED TV panels in 2016, and 8.1 million in 2020. But now UBI Research reduced those estimates by around 20-30% to 800,000-900,000 panels in 2016 and about 6 million in 2020.
The reason for this reduction is the fact that LG Display is producing more 65" panels then estimated. We have heard this several times before - LGD sees larger than expected demand for 65" OLED TVs, and is producing more larger panels as a result. Because the company's total area production capacity is limited, this means that the total amount of produced panel is lower
A couple of month ago UBI said that in Q2 2016 LG shipped 140,000 OLED TV panels. Our of those, 28,000 were 65" in size, double from the number of 65" panels LGD sold in the first quarter of 2016.
UBI's OLED TV estimates now almost exactly march those made by IHS earlier this year. IHS expects 830,000 OLED TVs to ship in 2016 and 5.8 million in 2020.
