Production Yield Reaches 85%
Samsung Display is expected to ramp up its production of quantum dot (QD)-organic light emitting diode (OLED) display panels from 30,000 sheets per month now to 40,000 sheets next year.
"The company's production yield of QD-OLED display panels increased to 85% in the first half of this year, showing its strong technical competence,” said Jung Yun-seong, managing director of Omdia, at a conference held by the research company at El Tower in Yangjae-dong, Seoul on Oct. 20.
Thanks to the increase in production, Samsung Display will be able to add 49-inch and 77-inch QD-OLED displays to its product portfolio, Jung analyzed. He estimated Samsung's QD-OLED panel production in 2023 at 600,000 to 800,000 units for monitors and 1.4 million to 1.6 million units for TVs. He put the total annual output at two million to 2.4 million panels next year.
Samsung Display is regarded as the most stable player among global display companies in terms of profitability. The company's average profit margin between 2017 and the first quarter of this year stood in the 10 percent range, higher than the 7 to 8 percent range of China’s BOE and CSOT.
Chinese companies such as BOE and CSOT showed a decline in profit margin in the second quarter of this year, but Samsung Display recorded a 14 percent margin.