
LG OLED TV Dominates the North American Premium Market, Overtaking LCD
At the 2016 IMID Business Forum held at COEX in Samseong-dong on October 26, 2016 LG Display managing director Kim Gwang-jin announced that the share of OLED TV overtook that of LCD in the North American premium market, and they will put more focus on the premium market.

Samsung Display, the market will move to Full Screen next to Edge
At 2016 IMID Business Forum having been held in Samsung-dong KOEX on October 26th, Senior Park Won-sang of Samsung Display expected that full screen market would lead next to Smart phone of edge designs.

Samsung Electronics, Record operating profit of 1 trillion 20 billion won in Display business
Samsung Electronics lighted up that they recorded 7 trillion 60 billion won in sales and 1 trillion 20 billion won of operating profit in display business through 3rd quarter performance call having been progressed on 27th.

LG Electronics, OLED TV volume of sales 2 times in the 3rd quarter
LG Electronics revealed that OLED TV volume of sales was enlarged two times than last year through the conference on the third quarter performance having been progressed on the 27th, and currently OLED TV occupied over 10% among total TV sales. Also they expect that volume of the fourth quarter will be increased two times vs. the third quarter.

LG Display, OLED Investment Ratio 50% this year → Next year 70%
During the 3Q performance conference call on 26th, LG Display mentioned that their investment ratio in OLED was 50% this year, and plans to increase its ratio to at least 70% next year.

Next to Bezel-less is full-screen, Prospect of 60% market share of full-screen OLED panel in 2020.
According to a recent study “Key Issue and The Market Analysis for Foldable OLED” from UBI research, it is expected that bezel-less type of flexible OLED, which is an upgraded model of dual edge display, will lead the market until 2017 and then there will be new smartphones with various forms of displays as new types of flexible OLED like full-screen, foldable, rollable displays will be launched after.

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.

[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.

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.

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.

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.

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.

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.

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.

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.

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%.

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.

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.

Samsung Elec. Q2 Business Profit KRW 8.14 Trillion…Display Turns Deficit into Surplus with Business Profit KRW 0.14 Trillion
Samsung Electronics today announced financial results for the second quarter ended June 30, 2016. Samsung’s revenue for the quarter was KRW 50.94 trillion, an increase of KRW 2.40 trillion YOY, while operating profit for the quarter was KRW 8.14 trillion, an increase of KRW 1.24 trillion YOY.

LGD announces operating profit at KRW 44 billion in Q2 2016
LG Display announced its seventeenth straight quarterly operating profit at KRW 44 billion, which resulted from a thorough and profit-focused management based on differentiated technologies in response to difficult market conditions caused by continuing falls in panel prices and the aggressive expansion of LCD production capacity by Chinese panel makers.

Chinese Gen8 LCD Line, Exceeding Korea…“Complementary Investment is Most Reliable”
In order to respond to the outpouring Chinese large area LCD, it is analyzed that carrying out investment to turn large area LCD line into OLED is the most reliable method.