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OLED industry shipped 72.1M units in 2006

Posted: 26 Feb 2007 ?? ?Print Version ?Bookmark and Share

Keywords:DisplaySearch? OLED? organic LED? optoelectronics? optoelectronic components?

The OLED market in 2006 recorded a 3 percent drop in revenues at $475 million, with shipments reaching 72.1 million, up 29 percent y-o-y, according to DisplaySearch.

Among the leading OLED suppliers, Korea's Samsung SDI topped the segment in revenues while Taiwan's RiTdisplay Corp. grabbed the top spot in terms of OLED shipments. The two manufacturers, along with four other companies, including LG Electronics (LGE), Pioneer Electronics, Univision Technology Inc. and TDK Corp., had a market share of 92.4 percent in the segment (Table 1).

In Q4 2006, OLED shipments reached 22.2 million and revenues hit $145.3M. OLED shipments decreased 2 percent q-o-q due to an 11 percent decrease in main displays and a 12 percent drop in MP3 players. PMOLEDs still dominated the market with a revenue share of over 93 percent. At present, there are 13 small molecule and two P-OLED producers with the small molecule segment manufacturers posting a 99 percent revenue share, reported the industry firm.

Sub-displays and MP3 player displays continue to account for about 90 percent of shipments at 12.3 million and 7.9 million, respectively. Other applications such as main displays, car audio and auto console apps showed strong growth but had a low volume with less than 10 percent market share in terms of shipments.

Segment revenues are forecasted to grow to over $142.5 million this first quarter, mainly due to Samsung SDI's introduction of AMOLEDs for cellphone main displays. Samsung SDI and Sony have started production of AMOLEDs in the first quarter.

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