OLED-Info: the OLED experts

OLED-Info has been the leading international OLED publication for over 10 years, with a readership of more than 120,000 professionals a month. We provide a multitude of services to the OLED market based on our extensive and up-to-date knowledge hub and close ties with industry leaders. Our consultancy services include market outreach assistance, display brokerage, business development, financial intermediation and more.

An OLED uses organic semiconductors to create thin light emitting panels. OLEDs are used to create thin, beautiful, flexible and efficient display and lighting panels, and are the future technology of choice.

Recent OLED News

Lumiotec to stop producing OLED lighting panels next month to focus on performance enhancements and plan its future business

Lumiotec announced that on March 31st if will stop producing its OLED lighting panel, to "plan the further performance enhancement of the product" and to plan its future business. Lumiotec will continue to offer its panels (series P06, P09, P11 and P13 panels) while stocks last.

Last month Japan's V-Technology announced it will acquire Lumiotec, which is likely what is behind Lumiotec's decision.

LG Display is also developing large-area Micro-LED TVs

In early 2018 Samsung unveiled its 146" modular Wall Micro-LED TV, and LG Display was quick to announce that it is also developing similar technology. According to reports, LGD aims to unveil its first Micro-LED TV in September 2018 (at IFA perhaps?) - and it will be larger than Samsung's.

Samsung 146'' micro-LED TV, The Wall

Samsung 146-inch Wall Micro-LED TV

Samsung's focus for the premium TV market is on two technologies, Quantum Dots and Micro-LEDs. It is not likely that LG Display is shifting its focus from OLEDs to Micro-LEDs, but it may be that Micro-LEDs will be used for very large area TVs and maybe for modular designs signage displays.

UDC reports an excellent Q4 2017, but guidance for 2018 is lower than expected

Universal Display reported its financial results for Q4 2017. Revenues reached a record $115.9 million, up 55% from $74.6 million in Q4 2016. Revenues from material sales were $59.8 million (up 105% from $29.2 million in Q4 2016). Net income was $57.9 million (up from $23.1 million in Q4 2016).

UDC emitter and host materials photo

UDC concluded a very successful 2017. Revenues were $335.6 million (up 68% from $198.9 in 2016) and net income was $103.9 million (up from $48.1 million in 2016). Net income included a onetime charge of $11.5 million from the Tax Cuts and Jobs Act. Net cash generated in 2017 was $133 million.

Samsung denies it is developing QD-OLED TVs, will focus on Micro-LEDs and QLEDs

Last week we reported that ETNews claims that Samsung is developing a hybrid Quantum-Dots OLED technology for its future TVs.

Today Yonhap News reports that Samsung Visual Display Business VP, Han Jong-hee, denies this story, saying that Samsung sticks to its two-track strategy for the high-end TV market, developing both QLED (quantum-dots enhanced LED LCDs) and Micro-LED TVs. Han further says that Samsung will start selling its Wall Micro-LED TV in August 2018.

SmartKem announces a landmark deal with a Taiwan-based OLED and LCD maker to bring OTFT displays to market

UK-based OTFT developer SmartKem announced that it has signed a landmark deal with a leading display maker in Taiwan that will enable the display maker to commercialize SmartKem's OTFT technology in flexible displays.

SmartKem OTFT transistors photo

The agreement will see a complete technology transfer, including production line deployment and supply of materials. This agreement marks the culmination of the LOI signed in November 2017. SmartKem updates us that this agreement covers both LCD and OLED displays.

DSCC: it may be hard to justify the extra cost of flexible OLEDs compared to rigid OLEDs and LCDs

Display analyst firm DSCC posted an interested article stating that the latest range of bezel-less LCDs are very similar to the high-end flexible OLEDs in form (not in contrast or image quality), to the point that mid-smartphone makers find it hard to justify the extra cost of a flexible OLEDs. The following table graphs shows the current price gap between flexible OLEDs and LCDs:
Price of a smartphone flexible OLED vs rigid-OLED vs LCD (DSCC, Feb 2018)While a flexible OLED does enable a higher display-to-body ratio (82.9% on the iPhone X, for example), a high end LCD comes pretty close - the Oppo F5 reaches 78.1%.

DSCC: the OLED material market will reach $2.56 billion in 2022

Display Supply Chain Consultants (DSCC) says that OLED material revenues grew 43% to reach $869 million in 2017. DSCC expects the OLED material market to grow at a 24% CAGR until 2022, when the market will reach $2.56 billion.

OLED material revenue by type (2016-2022, DSCC)

The small/medium display market accounts to about 59% of the total OLED material market, and this will continue until 2022. For the TV market, DSCC expects ink-jet printing to enable producers to make lower the material costs of OLED TV production, and OLED TV materials will grow at a rate of 23%, from $344 in 2017 to $963 million in 2022.

Kyulux - Hyperfluoresence OLED emittersKyulux - Hyperfluoresence OLED emitters