Samsung Electronics' Display Business Operating Profit in 1Q 2018 slowed down to KRW 410 billion
Samsung Electronics reported sales of KRW 60.56 trillion and operating profit of KRW 15.64 trillion in the first quarter of 2018 at the conference held on April 26. Its display division generated sales of KRW7.54 trillion with the operating profit of KRW410 billion. Display sales QoQ and YoY are -32.6% and 3.4%, respectively, and operating profit QoQ and YoY are -70.9% and -68.5%, respectively. OLED sales accounted for 70% of its total display sales.
Leading the OLED market of Samsung Display continues this year
According to OLED Market Track, which was published by UBI Research in the first quarter of 2018, AMOLED sales and shipments amounted to US$ 8.86 billion and 130 million units, respectively, in the fourth quarter of 2017. The sales amount is 100.2% higher than the fourth quarter of 2016. Among them, Samsung Display's sales and shipments account for 91.6% and 94.5%, respectively, and keep its absolute position.
Galaxy S9 – Curious about Samsung's strategy to launch Foldable Phone
Interests in Galaxy S9 and Note 9, which will be released soon, are growing. There are a lot of people who want to figure out in advance the features of Foldable Phone, which Samsung announced to be launched within this year, through Galaxy S9 and Note9. However, it is impossible to predict the specifications of the Foldable Phone with the contents that have been opened so far.
AMOLED Display Market Track, just issued – Market Performance, Market Forecast, ASP, Supply and Demand Analysis
According to the market performance data of the AMOLED Display Market Track published by UBI Research in February 2018, total AMOLED shipments and sales in 2017 were recorded as 440 million units and US$ 27.1 billion, up 13.6% and 62.3% respectively, compared to the previous year.
Samsung Electronics, 2017 display business exceeded annual business profit of 5 trillion won
Samsung Electronics achieved sales of 65.98 trillion won and business profit of 15.15 trillion won through the fourth quarter of 2017 performance conference call which was held on 31 January. Moreover, Samsung Electronics achieved 11.18 trillion won and business profit of 1.41 trillion won in display business.
LG Electronics Will Expand OLED TV Shipments to More Than 5 Million Units by 2020
LG Electronics announced through its Q4 2017 earnings conference call, the sales of HE (Home Entertainment) Division increased by more than 10% compared to the same period of last year due to the demand for high-demand season of TV market and the sales of premium TV.
AMOLED Display Market track - Investment & MP Line Status, just published
According to the investment trend data from AMOLED Display Market Track published by UBI research, the net area capacity of AMOLED production worldwide is expected to grow at a CAGR of 48% from 2018 to 2020.
Approval of LG Display Plant in China, cementing the global No.1position in large OLED market
LG Display has earned approval to invest in Gen 8.5 OLED panel plant in Guangzhou, China. As the government, who has delayed the approval due to the possible technology leakage, finally gives ‘a conditional approval’ for the plan, the construction of large size OLED panel factory will embark on.
Flexible OLED Leading the OLED Panel Market from 2019
Flexible OLED shipments are expected to exceed rigid OLED shipments in 2019. According to the '2017 Flexible OLED Annual Report' published by Ubi Research, flexible OLEDs are expected to ship 480 million units in 2019, surpassing 409 million units of rigid OLED shipments. In addition, flexible OLED shipments will grow at a CAGR of 41% starting in 2018, reaching 1,285 million units in 2022 with forecasted revenue of US$ 59.4 billion.
LG Display wins OLED TV Premium Market
LG Display's OLED TV panel sales in October more than doubled thanks to surging sales of major global TV customers such as LG Electronics, Sony and Philips.
OLED TV, leading the premium TV market, LG Electronics HE division created the largest operating profit
On the 26th, LG Electronics announced its 2017 Q3 performance through conference call. LG Electronics recorded consolidated sales of KRW 15.2241 trillion in 3Q and operating profit of KRW 516.1 billion. Sales and operating profit grew by 15.1% and 82.2% YoY respectively. Sales are the highest in 3Qs ever.
Solution Process OLED, Max. 40% Decrease in Component Material Cost Possible Compared to WRGB
According to 2017 Solution Process OLED Annual Report published by UBI Research, when solution process (ink-jet printing) is applied to large area OLED