Within the massive natural light-emitting diode (OLED) panel market, the place Korean show corporations have maintained an awesome share, Chinese language corporations elevated their affect final 12 months.
The 2 leaders, Samsung Show and LG Show, noticed their shares decline year-on-year, and Chinese language corporations stuffed the hole. China seems poised to mount a quantity offensive in OLED not just for small sizes but in addition for medium and huge sizes via large-scale funding.
On Jan. 15, in line with market analysis agency Omdia, estimated shipments of huge OLEDs final 12 months rose 12.9% year-on-year to 33.7 million models.
By firm, Samsung Show retained the highest place in massive OLED cargo share final 12 months with 50.9%. Nonetheless, in contrast with its 2024 share (52.5%), this represents a decline of 1.6 share factors.
LG Show’s share additionally retreated. From 33.1% in 2024, it recorded 31.8% final 12 months, falling by 1.3percentp over the 12 months.
In contrast, Chinese language show firm EverDisplay (EDO) rose from 10.1% to 14.8% over the identical interval, up 4.7percentp in share.
Regardless of a rise in complete massive OLED shipments, Korean corporations’ share decreased whereas Chinese language corporations’ share elevated.
China’s power continues within the total show market, together with liquid crystal show (LCD). In complete massive show shipments (LCD+OLED) final 12 months, China’s BOE recorded a 35.0% share to retain the highest place, adopted by ChinaStar (CSOT), a subsidiary of Chinese language equipment firm TCL, with 15.8%, and Innolux, a panel maker below Taiwan’s Foxconn Group, with 11.3%.
Because the share of IT units adopting OLED will increase going ahead, competitors between Korean and Chinese language show corporations is predicted to accentuate additional. In keeping with market analysis agency UBI Analysis, world shipments of OLED for IT are forecast to greater than double from 24 million models final 12 months to 53 million models in 2029.
As world corporations resembling Apple increase OLED adoption in IT merchandise, panel makers are additionally accelerating funding in 8.Sixth-generation OLED.
Late final month, China’s BOE held an early lighting ceremony for a next-generation OLED panel manufacturing line and started trial manufacturing, whereas Samsung Show likewise entered trial operation early and is getting ready to start mass manufacturing of 8.Sixth-generation OLED this 12 months.
