Accounts for 86% of Foldable OLED Display Market

Samsung Display's production yield of quantum dot (QD)-based organic light emitting diode (OLED) displays has reached 85 percent.

Samsung Display has raised its production yield of quantum dot (QD)-based organic light emitting diode (OLED) displays to 85 percent.

Samsung Display president Choi Joo-sun had a meeting with executives and employees at Giheung Campus in Yongin of Gyeonggi Province on July 1. After announcing the company’s business results in the first half of the year, Choi disclosed that the company's Large Panel Division has achieved a yield of 85 percent in QD-OLED panel production. He also revealed that in the first half of this year, sales of small and medium-sized panels increased by 10 percent compared to the same period of the previous year, reaching an all-time high.

The improved yield of 85 percent is expected to have a positive impact on securing customers. The company's yield of QD-OLED panels in the initial stage of mass production in November last year stood at 50 percent. Then, the company managed to stabilize the yield faster than expected. Sony and Dell Technologies respectively launched TVs and gaming monitors equipped with Samsung Display’s QD-OLED panels. Samsung Electronics also introduced QD-OLED TVs in the North American and European markets.

Although demand for smartphones was weakened by inflation in the first half of this year, Samsung Display put up a good fight in the small and medium-sized panel market, notably thanks to the growth of foldable phone sales.

Market researcher DSCC said that foldable phone shipments in the first quarter of 2022 stood at 2.22 million units, up 571 percent from the same period last year. Omdia said that Samsung Display accounted for 85.9 percent of the foldable OLED panel market and 64.5 percent of the small and medium-sized OLED panel market in the first quarter of 2022.

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