The OLED-Info newsletter (April 27, 2023)

LG Display announced a new transparent OLED campaign at Incheon Airport, to show Korea's vibrant culture to travelers from all over the world, and experience Korea's four seasons and folktales.

The installation includes several different displays. One is large wall made from 18 55" OLED displays, a large video wall that "conveys the delicate patterns and colorful hues of Korean traditional folktales while also creating a comfortable openness thanks to its high transparency". Theere are also a total of 14 transparent displays attached to pillars and walls inside Incheon Airport's Tourist Center, utilized to showcase various information such as local times and global weather conditions as well as welcome messages and enchanting videos showing off the "endless beauty of Korean nature".

Most analysts seem to agree that global demand for OLED displays is set to slow down in 2023. DSCC says that revenues will decrease 7% in 2023, led by a drop in demand for OLED smartphone and TV displays. Omdia also agrees, saying that OLED fab utilization remains low.

China-based Sigmaintaell, meanwhile, is optimistic on China's own OLED industry, expecting production to jump 40% in 2023. Sigmaintell says that Chinese phone makers are increasing their adoption of OLED displays in high-end and mid-range models. The company's analysts expect over 220 million Chinese OLED panels to ship in 2023, and China's OLED market share to rise to 38%, up from 28% in 2021.

China-based Hyperions, a developer of HTL, HIL, ETL and EIL OLED materials, has filed for an IPO.  The company is now going through financial inspection towards the IPO which will should happen before the end of 2023.

According to the comapny's IPO prospectus, Hyperions has been profitable since 2020. The company's income was around $43 million USD in 2022, up from $30 million in 2021 and $27 million in 2020. The company's net profit was $12 million in 2022, up from $6.6 million in 2021 and $7.3 million in 2020.

Omdia released its latest IT OLED display forecasts, with some interesting projections. 

The company sees very nice growth ahead for OLED displays in the IT market, with shipments rising from around 9.7 million units in 2022 to over 70 million units in 2028. Most of the growth will co`me from adoption in laptops, but tablet adoption will also increase sharply.

Today we published a new edition of our PMOLED Market Report, with all the latest information. The new edition includes the latest changes from Pioneer (now called SOAR), Futaba, Wisechip and more.

Reading this report, you'll learn all about:

• Applications of PMOLED displays
• Next generation PMOLED technologies
• Flexible and transparent PMOLEDs
• AMOLED vs PMOLED

The report package also provides:

• Information on all PMOLED producers
• Current and future PMOLED fabs
• Display catalogs and datasheets
• Free updates for a year

This PMOLED market report provides a detailed introduction to PMOLED technologies and covers everything you need to know PMOLED displays, now and in the future. This is a great guide for anyone who's thinking about adopting PMOLED displays in their products or wants to offer products and services to the OLED industry.