Flexible AMOLED panel market growing to approx one billion USD in 2020

According to the UBI industrial research report on ‘’key issues and market analysis of fordable implementation’’ issued on DATE, in 2020 flexible AMOLED panel (including smart watch panel) will grow to approx one billion USD.
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[OLED summit 2016]LG Display, presentation of must-be developed pOLED’s core technology

In OLED summit 2016 held in San Diego, USA on 21st(local time), general manager of LG Display Joosu Im gave presentation on “Going forward with pOLED & future challenges” which is about 5 core technology that must-be developed in pOLED and the next pOLED.
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Phone when Folded, Tablet when Opened… President of UBI Research ‘Flexible OLED Opens New Digital Convergence’

During the Industrial Forum IMID 2016, held on 23 August in Jeju ICC in South Korea, the president of UBI Research Choong Hoon Yi gave a keynote speech and suggested the changes to the industry that flexible OLED will bring. Yi discussed diverse applications for flexible OLED and emphasized that digital convergence where tablet PC is absorbed into smartphone will occur. He explained that flexible OLED will open the foldable phone era where the screen can be completely folded, and innovative product which will become a 5 inch smartphone when folded and a tablet PC when opened will be developed.
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UBI Research Lowers Forecast of OLED Market for ≥ 55 inch TV by Approx. 20-30%

UBI Research reduced the expected OLED panel shipment for ≥ 55 inch TV in 2016-2020 by approximately 20-30% from the previous forecast. This is with the consideration that ≥ 65 inch TV market is growing.
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Dramatic Growth for OLED Smartphone …Q2 2016 Panel Shipment Increased by 72%

OLED smartphone market is growing prominently in the global market. Q2 2016 global 4~6 inch OLED panel shipment increased by 72% compared to the same period in 2015.
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Smartphone OLED Shipment, From 2016’s 300 Million Units to 2019’s 1,000 Million

Global smartphone OLED panel shipment is expected to exceed 300 million units for the first time in 2016, and exceed 1,000 million units in 2019.
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H1 Sales of OLED Microdisplay Company eMagin Falls by 3.8%... USD 1 Million Profit in Licensing

eMagin, an OLED microdisplay company which is a technology that is needed for VR device, AR device, medical device, etc., showed 3.8% fall in H1 2016 sales compared to the same period last year with net loss of USD 2.404 million.
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JDI Seeks Government Financial Support, H1 Operating Lost JPY 10,600 Million

JDI (Japan Display), which recently drew attention when it became known that they sought financial help from the government, recorded JPY 10,600 million operating loss in H1 2016.
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H1 2016 OLED Wearable, Disappeared Smartwatch and Rising VR ∙ Smartband

Unlike the same period last year, H1 2016 showed quiet smartwatch sector while VR (virtual reality) device and smartband became popular.
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Global Lighting OLED Market, USD 1,600 Million in 2020… Half by LG Display

Global lighting OLED panel market is rapidly growing each year. In 2020, it is expected to record USD 1,600 million, and LG Display is estimated to occupy 53%.
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Taiwan’s Q2 2016 LCD Shipment, Small to Medium Size ↓, Large Size ↑…Business Profit of AUO, Innolux, etc. Reduced

In Q2 2016, Taiwanese panel industry recorded decreased small to medium size LCD panel shipment and increased shipment of 9 inch or bigger large size panel.
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LG Electronics Q2 Business Profit 140%↑…Improved Profitability from OLED TV Sales Expansion

Boosted by OLED TV sales increase, LG Electronics’ Q2 business profit increased by approximately 140%. LG Electronics Inc. (LG) announced second-quarter 2016 operating income of KRW 584.6 billion (USD 503.10 million), nearly 140 percent higher than the previous year, from strong performance by the Home Appliance & Air Solution and Home Entertainment companies, both reporting the highest quarterly operating profit in LG’s history.
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