OLED shipments hit record in Q2
Analyst firm DisplaySearch has reported that worldwide market for organic light-emitting diodes has set a record, with $192m in revenue for the second quarter of this year, up 22 per cent on last year.
The company forecasts the total OLED display market will grow to $6.2bn by 2016 from $0.6bn in 2008, at an annual rate of 33 per cent. Mobile phone main displays will be the leading application with revenues of about $3bn in 2016; OLED TV will be the second largest application, with revenues of about $2bn in 2016.
Active-matrix OLED shipments grew due to strong mobile phone main display shipments. This is due to promotion of AMOLED mobile phones by Samsung Electronics, Nokia and Sony Ericsson in the first half of 2009. More than 15 mobile phone models with active-matrix OLED main displays were released in 2009.
Passive-matrix OLED maintained its unit shipment leadership in the OLED display market. After a weak first quarter, passive-matrix shipments stabilised in the second quarter due to growth in mobile phone sub-display applications.
Samsung Mobile Display had a strong quarter and, as a result, it maintained the number-one position in shipments with 38 per cent market share, followed by RiTdisplay.
“AMOLED displays have become an important differentiating feature for high end electronic products,” said Jennifer Colegrove, director of display technologies at DisplaySearch. “This technology is not only used for mobile phone main displays, but has also penetrated the market for portable media players, digital still cameras and other applications. There will be about 20 new or upgraded AMOLED production lines installed or upgraded worldwide in the next three years.”
OLED manufacturers are planning to make TV panels larger than 11in in 2009. LG Display is mass-producing small-size panels, and has announced that it will mass-produce 15in active-matrix OLED panels for TV application at the end of 2009. LG Electronics will commercialise 15in OLED TV sets for the holiday season, but Sony’s 20in-plus OLED TV, announced in 2008, will not reach the market in 2009.
Notebooks are an attractive area starting in mid 2010, said DisplaySearch, with netbooks expected to be in production by the end of 2010.