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DisplaySearch: OLED Q1 shipments up 71% y-on-y

Posted: 11 Jun 2007     Print Version  Bookmark and Share

Keywords:OLED shipments  LCD market  Active matrix OLED panel 

displaysearch's latest Quarterly OLED Shipment and Forecast Report found that OLED Q1 shipments increased by 71 per cent y-on-y and reached 1.91 crore. Revenues for Q1 were Rs.494.49 crore ($121 million), up 56 per cent y-on-y, while ASP dropped by only 9 per cent. Shipments and revenue were down q-on-q, with 14 and 13 per cent, respectively, due to seasonality.

OLED displays compete with LCDs in small/medium applications such as mobile phone main displays and sub-displays, MP3s, and automotive consoles. The top five suppliers—Pioneer, Samsung SDI, LG Electronics, RiTdisplay and TDK—had a market share of 85.4% as the industry continued to consolidate. Pioneer also trumped Samsung SDI as the revenue leader with Rs.102.98 crore ($25.2 million), compared to the Korean company's Rs.101.35 crore ($24.8 million).

Active matrix OLEDs (AMOLED) displays, used in MP3 players, mobile phones and near eye, continued volume shipments with Samsung SDI, Kodak, Sony and eMagin shipping 335,000 displays in Q1 and expected to grow to 685,000 displays in Q2.

Overall, RiTdisplay led in units with 51 lakh closely followed by Pioneer also at 5.1, Samsung at 3.7, LG at 3.1 and TDK at 1.5. Univision, which had shut down due to financial problems has restarted production and shipped 900,000 units in Q1 and is expected to grow volume to 15 lakh units next quarter.

Sub-displays and MP3 player displays combined to account for about 87 per cent of shipments at 1.26 crore and 40 lakh, respectively. Of the remaining applications, main displays and industrial applications showed strong growth, but volume remained low.

Sub-display volume is very strong in Japan and is the major driver of the growth in the category. Main display growth is primarily due to the Kyocera cell phone, which uses the Samsung SDI 2.4-inch QVGA AMOLED panel.

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