OLED TV sales | LGD OLED panel shipments doubled in the first half of the year

South Korean media reported on August 16 that LGDisplay's shipment of large-size OLED panels from January to June was 1.3 million, up more than twice the growth rate of 600,000 in the same period last year.

According to LGD, shipments of large-size OLED panels increased significantly in the first half of 2018, with sales of 55吋, 65吋 and 77吋 maintaining a uniform growth. The OLED sector is expected to turn profitable in the second half of this year.

Industry analysts believe that the surge in LGD large-size OLED panel shipments is mainly due to the growth of the global OLED camp and the hot sales of OLED TVs in the terminal market.

Since LG Electronics promoted OLED TVs in 2013, international brands such as Sony, Toshiba, Panasonic, and Philips have returned or joined the OLED camp. In the Chinese market, Skyworth, Changhong, and Konka have all launched OLED TVs.

According to LGD, in the first half of this year, China's important TV manufacturer Hisense joined the OLED camp. At present, OLED camp manufacturers have expanded to 14 in the world.

Compared with LCD, OLED is no backlight, no liquid crystal self-luminous display. Due to the thinner and lighter material, OLED can realize a variety of designs, and its perfect black and more accurate color performance ensures it. In terms of display quality, OLED TV has been well received by the market in recent years.

According to the data of Ovi Cloud, the OLED TV landscape is just as good as the color TV market in China continues to be weak. The sales volume in the first half of this year increased by 110%.

In addition to the Chinese market, OLED TVs also sold significantly in the Japanese market. According to a survey released by GfKJapan, sales of thin TVs (including 4K TVs and OLED TVs) in Japan from January to June 2018 increased by 7% to 2.6 million compared with the same period of the previous year. Taiwan. Among them, OLED TV sales increased by about 7 times compared with last year. Although Japan's OLED TV sales in the first half of the year only accounted for 2% of thin TV sales, but sales accounted for 11%.

According to IHS forecast, China's OLED TV will continue to maintain rapid growth in 2019, up 115.5% from 2018. By then, China will become the only region in the world with OLED TV growth rate exceeding 100%. The second-ranked Japan growth rate is expected to be 64.7. %.

According to foreign media reports, in view of the popularity of OLED TV sales, including LG, Sony and other first-line TV brands are planning to increase OLED TV production this year.

The popularity of the terminal market has driven the shipment of upstream OLED panels to double. LGD sold only 200,000 OLED TV panels in 2013, and broke through 1.7 million in 2017. LGD expects 2018 OLED TV panel sales for the whole year. Will break through 3 million pieces.

It is understood that LGD's newly invested OLED panel factory in Guangzhou, China will be completed in the second half of 2019. The production capacity of the production line will be 60,000 pieces per month after mass production, and the maximum production capacity will reach 90,000 pieces. Currently, LGD Korea Paju E3, E4 The factory's monthly production capacity is 70,000 pieces. Together with the capacity of the Guangzhou plant, the total production capacity of OLED panels in the second half of LGD2019 will reach 130,000.

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