The OLED-Info newsletter (February 23, 2023)

OLED driver IC developer MagnaChip announced its financial results for Q4 2022, with revenues of $61 million, down 44.7% compared to Q4 2021, primarily due to severe 28nm wafer shortages.

In full-year 2022, the company reports revenues of $337.7 million, down 28.8% from 2021. The company does report, however, taht it signed a Tier-1 panel customer outside of Korea, and it qualified two new foundries to strengthen its supply chain. During the last quarter, MagnaChip successfully qualified two OLED projects with its two leading panel customers and expect to begin shipping at the end of this quarter.

Today we published a new edition of our OLED and MicroLED Microdisplays Market Report, with all the latest information. The new edition, which includes our yearly report overhaul, offers more than 15 new updates, new companies, new brochures and attached files, more than 5 new devices and more.

Reading this report, you'll learn all about:

• The advantages of OLED and MicroLED microdisplays
• The microdisplays that are available on the market today
• Information on all companies involved in this market
• Future technologies and roadmaps

The report package also provides:

• A list of all OLED microdisplays on the market
• A list of all OLED and MicroLED microdisplays makers
• Microdisplays spreadsheet
• Over 25 datasheets, presentations
• Free updates for a year

This microdisplays market report provides a great introduction to OLED and MicroLED microdisplays, and covers everything you need to know about the current status of the market and industry. This is a great guide if you're considering to adopt OLED microdisplays in your product, if you're looking to learn more about next-generation micro-LEDs and if you want to understand this industry better.

DSCC says that OLED panel revenues were $12.6 billion in Q4 2022, down 3% from Q4 2021. Shipments declined by 7% compared to last year.

For the full year 2022, revenues reached $41.7 billion, a 1% decrease from 2021. AMOLED for smartphones shipments (units) decreased by 1%, while OLED TV panel shipments decreased by 9%. Some OLED segments grew in 2022 - AR/RV, automotive, monitors, and tablets.