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LG Electronics tops OLED supplier list

Posted: 09 Aug 2006 ?? ?Print Version ?Bookmark and Share

Keywords:LG Electronics? OLED panel? Samsung SDI? DisplayBank? OLED?

LG Electronics Inc. took the top position in the list of world OLED panel suppliers by volume in Q2, overtaking Samsung SDI Co. Ltd, South Korean display market research DisplayBank reported early his week.

The South Korean electronics giant shipped a total of 4.47 million OLED displays worldwide from April through June, compared with 1.42 million in the first quarter. Second-quarter shipments represented a 23.2 percent global market share, up from 11.1 percent in the previous quarter, according to DisplayBank.

The quarterly volume exceeded the company's overall annual shipments in 2005, LG said.

LG expects to remain the top OLED supplier this year because strong seasonal demand is expected to keep the company's monthly OLED production capacity at more than 1.8 million units throughout the quarter.

LG is negotiating to sell its OLED business division to LG.Philips LCD Co. Ltd, its display panel joint venture with Philips Electronics NV of the Netherlands. If the deal goes through, LG. Philips LCD, which is currently developing active matrix-OLED displays, will begin mass producing active-matrix OLED displays the fourth quarter.

DisplayBank projects the global OLED market to grow 64 percent by volume to 100 million units and 45 percent in value to $900 million.

- Sean Shim
EE Times

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