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China’s OLED Manufacturers Deemed To Catch Up To Samsung & LG In Less Than Three Years

South Korea has for many years been the market top for showcase companies (mainly Samsung and LG). But Chinese companies have overtaken South Korea on LCD panels after more than 20 years of hard work.

BOE is the world’s leading LCD company and Korean producers have retired from the LCD market basically. OLED panels are the next priority for Chinese manufacturers.

The Chinese are committed to meeting Korean manufacturers in two or three years with small and medium-sized OLED panels.

OLED displays are commonly used mainly in smartphones and other items. South Korea’s Samsung and LG are the leading players on this market.

The OLED smartphone display market has in recent years been almost monopolized by Samsung. Samsung also dominates 88.1 percent (for smartphones) of the OLED industry at the end of 2019.

Chinese BOEs, Huaxing Optoelectronics, Visionox, Tianma and Huiguang Optoelectronics have single digit shareholdings with respect to the market share in panels.

The situation today, however, is different. OLED production lines have started to be strongly built by Chinese manufacturers in the last 1-2 years.

According to figures, for sixth generation lines there are currently over 10 OLED production lines.

Two or three years later, China’s OLED production lines can catch up with South Korea, particularly flexible OLED production lines. But Chinese manufacturers still lack sense of presence in the field of large-scale OLED panels.

Also Samsung isn’t successful in this area, as his partner, LG, says. OLED products are still exclusive to LG’s big-screen devices. The number of OLED panel smartphones has dramatically increased. In technical terms, this would also greatly increase BOE ‘s share of the worldwide OLED panel sales.

In the first quarter of this year, DSCC data show OLED panel revenues from the BOE. In the fourth quarter of last year, their global share rose from 2.6 percent to 5.6 percent.

In other reports, DSCC also believes that Apple’s expenses this year on OLED panels will hit $9.8 billion. This means that it will account for about 30% of the global OLED panel expenditures. This figure shows that Apple will be the largest OLED display buyer this year.

Isa Muh'd
Hi there! There isn't much to know about me, but if you must know, well, I write stuff, and apparently it turns out really good and people read them. I'm a Self Proclaimed Eccentric, Writing Coach, Perennial Loner, and Book Author, amongst other things. I simply write about stuff that can either cheer you up or piss you off. Either way, humans suck, and if you're reading this, try to suck less in this shit-stream called life.

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