Recently, the reporter learned from LGD that the yield of OLED panels has reached a level close to that of LCD, which means that OLED replacement of LCD will accelerate.
Data shows that LGD, the main supplier of Apple Watch panels, delivered 8 million smart watch displays in the first quarter of this year, which is 8 times the fourth quarter of last year. According to data released by market research firm Display Search, the market size of smart watch displays in the first quarter was approximately US$240 million, of which LG Display accounted for US$186 million and revenue accounted for more than 90%. Samsung Display ranked second with a share of 3.1%.
At the same time, the use of panels in medical, financial, commercial, transportation, and other fields is also heating up. Zhang Yu, vice president of domestic panel giant BOE, said in an interview: “The screen will be everywhere in the future.”
OLED panels are recognized as the technology of choice for the next generation of displays. However, the scale effect that the yield is not as good as the LCD cannot be shown and the price is difficult to reduce is an objective factor that restricts the development of OLED.
The bottleneck is being broken. Recently, LGD, the world's largest OLED panel supplier, announced that its full HD OLED panel yield has reached more than 80%, reaching a level comparable to the LCD product yield.
DisplaySearch predicts that the total market for OLED TV panels will reach US$1.43 billion in 2015, which is more than 2 times that of 2014 (US$500 million); in 2021, the market size will reach US$7 billion. In the next 5-10 years, OLED will definitely surpass LCD and usher in full-scale popularity.