Forecasts indicate that China’s OLED shipments for smartphones will surpass South Korea’s by 2025.According to the “3rd Quarter OLED Market Track” report published by market research firm UBI Research on Aug. 28, the current market share of smartphone OLED shipments for South Korea and China stands
Kim Byung-gu, the head of LG Display’s automotive business group and executive vice president, unveiled LG Display’s OLED displays designed for automotive use and introduced the entire portfolio of premium brands involved in automotive production and development for the first time at IMID 2023, whic
The market for Micro Light Emitting Diode (microLED) panels, emerging as a next-generation display, is a domain where the domestic display industry, which is even being chased by Chinese companies in the OLED sector, can showcase a dominant market share in the future based on their advanced technolo
As the transition from Liquid Crystal Displays (LCD) to Organic Light Emitting Diodes (OLED) in vehicle displays is expected to take place, K-Display, holding over 90% market share, has solidified its position, while Chinese competitors are engaging in pursuit.According to industry sources on Aug. 9
Despite a global recession, the market for automotive organic light-emitting diodes (OLEDs) is demonstrating considerable growth, intensifying the rivalry between Samsung Display and LG Display.LG Display has previously dominated the market, but Samsung Display is swiftly catching up, securing a ser
Display companies such as Samsung Display and LG Display are accelerating the development of new technologies, such as OLED on Silicon (OLEDos), to preempt the Extended Reality (XR) industry like Apple’s “Vision Pro.”According to industry sources on July 31, domestic display companies, including Sam
The share of organic light-emitting diode (OLED) displays in laptops and tablets is expected to remain low at less than 3 percent this year, while panel manufacturers continue to invest in expanding the share of OLED displays and improving specifications amid a slump in the display industry.Accordin
“China’s OLEDs for smartphones have strong price competitiveness,” said Lee Chung-hun, CEO of UBI Research, at the 2023 OLED & Micro Display Seminar at the Federation of Korean Industry Tower in Seoul on July 5. “China will hog the market for organic light-emitting diode displays for smartphones.”Ac
Hyundai Motors is equipping its luxury brand Genesis with LG Display’s Organic Light Emitting Diodes (OLED) display. As Hyundai Motor Group partners with LG Group, evaluations suggest that the “Korean Future Car Alliance” is becoming more robust.According to the automobile industry on July 3, Genesi
Competition between Samsung, LG, and Sony is intensifying over the development of Micro Organic Light Emitting Diodes (OLEDs). The relevant market is forecast to grow rapidly as Apple adopts Micro OLED for the display of its Mixed Reality (MR) headset.According to the display industry on July 3, App
Apple took the wraps off Apple’s Vision Pro, a mixed reality (MR) device that performs both virtual reality (VR) and augmented reality (AR) functions on June 5. Since then, the new device has been receiving rave reviews.What has driven the Vision Pro’s popularity is its organic light-emitting diode
Apple’s unveiling of Vision Pro, a mixed reality (MR) device, has put microdisplays in the limelight. Microdisplays are a key component for headsets. Moreover, the luxury headset’s display accounts for about half of the total cost of US$3,499 (about 4.5 million won), so interest is growing in whethe
Samsung Electronics is set to supply Hyundai Motors with its Exynos Auto V920, an application processor (AP) which serves as the “brain” of the vehicle. This semiconductor handles the real-time operating information of the vehicle and processes high-definition videos and games that can be enjoyed wi
LG Display announced that its research papers on “Ultra-large OLED” and “Stretchable Display” development technologies were selected as “Distinguished Papers of the Year” at the Society for Information Display (SID), an international academic conference for display information.SID is the world's
Samsung Display is poised to acquire eMagin, an American Micro OLED company, for 290 billion won ($258 million).According to industry sources on the 18th, eMagin announced on its website that it has entered into an acquisition agreement with Samsung Display. Samsung Display will invest $218 million
LG Display is struggling looking for an exit strategy for its Chinese business amid a prolonged slump in the liquid crystal display (LCD) panel industry. The company is facing various scenarios including, sale to a Chinese company and a large-scale process transformation, as it urgently needs to imp
South Korean companies in the display industry are planning to invest 62 trillion won (US$47 billion) for five years to come, and the South Korean government decided on March 14 to support their investment in various ways.According to the government, its investment support will be 900 billion won (U
LG Display has begun to upgrade its business structure by focusing on displays for vehicles.According to Hi Investment & Securities on Feb. 22, LG Display's vehicle display sales are expected to more than double from 1.6 trillion won in 2022 to 3.5 trillion won in 2025. Its automotive display or
Display technology has been designated as a national strategic technology following semiconductor, secondary battery, and biotechnology.The Ministry of Strategy and Finance announced on Jan. 18 a revised enforcement rule of the Restriction of Special Taxation Act, which added five display technologi
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. In OLEDoS displays, which will be mainly used in XR devices, it is expected that the encapsulation process of the dam & fill method using epoxy will dominate rather than the encapsulant using the