Korean companies export OLED technology overseas for the first time, and at the end of 2017, the Korean government has conditionally approved the plan of LG Display (hereinafter referred to as LGD), a subsidiary of LG Group of South Korea, to establish OLED 8.5 generation line in Guangzhou, China As the leader of large-size OLED panel Enterprises, LGD good news, recently, LGD announced that it has successfully developed the world's first 88-inch 8K OLED panel. LGD investment in China to build factories will rapidly expand production capacity to promote the popularization of OLED in the industrial chain. 2017 Chinese panel makers more Blossom, with Japan and South Korea enterprises to speed up the layout in the field of OLED, 2018 Chinese manufacturers will face more pressure.
LGD plant settled in China
LGD overseas OLED production line has finally finalized the deal.Recently, the South Korean government approved the LG Display and Guangzhou, China set up OLED 8.5 generation production line plan in response to the expanding OLED overseas market, the huge demand.At the same time, the South Korean government requires LGD is strictly forbidden to disclose its production Manufacturing of key technologies to prevent the outflow of high-tech.
It is reported that this is the first time South Korean companies to transfer this advanced technology abroad in the next three years, LGD plans to invest 5 trillion won in Guangzhou (equivalent to about 30.5 billion yuan), accounting for the company's next three years 25% of OLED investment.
As early as July 25, 2017, LGD announced that it will build a joint-venture plant in Guangzhou, China for the production of large-size OLED panels with its panels mainly for television and electronic billboards. According to reports, the registered capital of the joint venture factory is about 157 100 million yuan, LGD will hold 70%; Chinese company Guangzhou Kay Technology holds 30% of the shares.
Earlier, due to fear of technical confidentiality, the South Korean government has not approved the cooperation, which led LGD to invest and build factories in Vietnam, to accelerate the layout of overseas markets to expand production capacity is extremely firm determination.
OLED TV industry to promote the popularization process
Apple's iPhone X OLED screen with the demonstration effect, prompting more and more manufacturers into the field of OLED in the smart phones and other small-size OLED market, Samsung is the absolute overlord.But in the global market for large-size OLED panels, LGD is in a leading position.
According to market research firm IHS Markit, OLED TV shipments will rise from 723,000 units in 2016 to 6.6 million units by 2020. For LGD, China's largest back-to-back market and direct shipment from Guangzhou to China Of TV makers, will undoubtedly rapidly expand production capacity, reduce transportation costs and further stimulate the growth of the OLED market.Industry estimates LGD Guangzhou factory to meet the needs of mainland China and other European and Japanese manufacturers.
LGD president Lvxiang De said that in 2017 the company OLED panel production capacity up to 1.8 million, is expected to be expanded to 3 million in 2018, by 2020 6 million.
OLED display war soon
According to the forward industry research institute released "OLED Industry Market Forecast and Investment Analysis" data show that in 2016 the global OLED shipments of 350 million or so, the future in the OLED full screen trend, it is estimated OLED screen in 2019 will be increased To 750 million units will be more than 2 times shipments in 2016, with an annual compound growth rate of 32%; the market size will increase from 11.3 billion in 2016 to 293 billion in 2019, the penetration rate is expected to exceed 50% .
In the OLED market, South Korean companies occupy the first tier. IHS Markit reports Q3 2017 global flexible OLED display market reached 3.04 billion US dollars, of which Samsung Electronics accounted for 96.5% market share.LG Electronics followed, Occupy the market share of 3.3%, ranked third and glow market share of 0.1%.
As flexible OLED screen process is difficult, the yield is low, the entire market is still the seller's market, the industry is expected to be in short supply until the flexible OLED screen in 2020. In 2018, LG, Samsung and other leading enterprises raging, Chinese panel Manufacturers are also accelerating the market layout.Recently, the BOE and other Chinese manufacturers and Japan JDI strategic news continues to spread, which indicates that the explosive OLED display in Japan and South Korea.
With the support of policy and capital intensive investment, the rapid rise of China's panel industry is fierce.At present, BOE and Huaxing Power have invested in small and medium-size OLED panel production lines targeting smartphones, etc. In the third quarter of 2017, BOE surpassed LG to become the global The largest maker of large-size panels, and will produce large-size OLED TV screens.With the gradual release of production capacity, Chinese manufacturers in the display of domestic alternative worth the wait.