The OLED-Info newsletter (September 2013)

Published: Tue, 09/03/13

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OLED-Info newsletter September 2013

OLED TV news

It might be too early to call, but it seems to me that the OLED TV market has finally emerged in the past few weeks. Production capacity is still extremely low, prices are very high and current curved screens are questionable, but both LG and Samsung have started shipping TVs in several markets and have even slashed prices as both see OLED as the future TV technology. It seems to me that there's no way back now and August 2013 marks the beginning of the OLED TV domination.

So first of all, let's view what's available today. Samsung are offering a single model, the KN55S9C 55" curved FHD direct-emission OLED TV. They are offering it in Korea (for $8,900), the US (for $8,999 - you can buy it online at Amazon.com), in several European countries (including Germany, France, Switzerland and Italy, for €7,999 - around $10,500), the UK (starting next week) and in Australia. In the beginning of August the S9C price in Korea was $13,000 - but Samsung quickly slashed the price by 34% to about $8,900.

LG are offering two models - the flat 55EM9700 and the curved 55EA9800. Both models feature the same WRGB Full-HD 55" panel (but of course the 55EA9800 is curved). LG is focused on the curved TV, offering it in Korea, the US (for $14,999) and in Germany (for €8,999). The flat EM9700 is currently on offer only in Korea and the UK . A few days ago it was reported that LG slashed the price of its OLED TVs in Korea - the curved one costs $9,800 while the flat one is $8,900. Price cuts are expected in the US soon.

Now that the OLED TVs are shipping, we are starting to see reviews on line. And reviewers simply love the new OLED TVs. First up were CNet with their review of Samsung's curved KN55S9C. The review was very positive - CNet says that the S9C offers the best picture quality ever, surpassing the best plasma and LED LCDs with no major downside (besides the curved panel). HDGuru posted a review comparing Samsung's and LG's curved OLEDs. They say that both TVs offers an image that is superior to any LCD or Plasma TV they ever tested. Forced to choose, they'd pick the Samsung TV which is brighter and suffers less from motion blur and dimming on test signals.

So OLED TVs are shipping, but prices are high and production capacity is low. It is estimated that currently the two Korean companies can only produce a few hundred TVs a month. LG already started to install equipment in their new $650 million M2 Gen-8 OLED TV fab that is expected to begin producing TVs in middle 2014. The monthly capacity will be around 50,000-100,000 55" panels a month. Samsung has yet to commit to a mass production fab, but I think that it won't be long before we hear of their plans. It is expected that LG's new fab will enable them to slash prices by around 50% and I'm sure Samsung will not sit idle while LG takes over the OLED TV market...

Want to learn more about the emerging OLED TV market? Read our OLED TV primer online, and check out our OLED Handbook (2013 edition) - the leading guide to OLED technology, industry and market.

New market reports

In the past month several new OLED market reports were released. First of all comes DisplaySearch, with their forecast that in 2013 OLED will be the largest mobile phone display technology by revenue - taking 37% of the market. LTPS LCDs will account for 36% while a-Si LCDs will have 26%. DisplaySearch says that mobile phone display revenue will grow 55% in 2013 to $33.3 billion. This means that the AMOLED mobile display market alone will reach $12.3 billion in 2013.

Looking further into the future, DisplaySearch says that starting in 2014, most of the growth in the OLED material market will come from OLED TVs. They see only 10 million OLED TVs shipping in 2017(a low penetration rate) - but this will be enough to account for around 70% of the OLED material market (which will reach $3.4 billion in 2017). Read more about this interesting forecast here.

Another market that is starting to grab analyst attention is the flexible OLED market. This market is still nonexistent today, but according to iSuppli both Samsung and LG will start producing panels in 2013, generating around $20 million in revenue. The market will grow at a very fast rate - reaching $100 million in 2014, almost $4 billion in 2018 and almost $12 billion in 2020. Read more about iSuppli's flexible OLED market forecasts here.

Samsung acquires Novaled for $350 million

Samsung acquired Novaled for €260 million (almost $350 million). This is a rather complicated deal as three Samsung companies will have a stake in Novaled: Samsung Electronics, Samsung's Cheil Industries and Samsung Ventures.

Read more about this deal and Novaled's newly published 2012 financial results here.

Flexible OLED production to begin in Novermber 2013?

According to a new report from Korea, both LG Display and Samsung aim to start producing flexible OLED displays in November 2013. Production capacity will be low at first, but it is reported that both companies have high hopes for flexible displays, and if market reaction is good they will invest heavily in more production capacity.

Read more here about the current production capacity and what the two Korean companies plans are.

Samsung's Note 3 and Galaxy Gear to launch next week

According to the Korea Times, a Samsung executive (mobile VP Lee Young-hee) confirmed that the company will launch two new products on September 4 - the Galaxy Note 3 and the smartwatch Samsung has been working on for some time (which some say will be called the Galaxy Gear).

Is expected that both new devices will sport OLED displays. The Galaxy Gear will probably sport a small PMOLED (a flexible OLED is not likely so soon) while the GN3 will probably have a 6-inch or so Super-AMOLED panel.

Read more about Samsung's upcoming new devices and their expected displays here.

2,500 Facebook fans!

The OLED-Info Facebook page has now over 2,500 fans (when I wrote this there were 2,595 likes). Thanks everyone for your support. If you're not a fan already, you can hop over to our Facebook page and become one now. You'll get OLED updates to your feed and can join he discussions. And show your support for OLED-Info, too ;-)

Visionox starts building a 5.5-Gen AMOLED line

According to Visionox, the company started the construction of a new 5.5-Gen AMOLED mass production line - which is expected to start production in the 2nd half of 2014.

Read more about Visionox's upcoming AMOLED fab and the newly developed 3.5" flexible AMOLED.

Top OLED News

Hon Hai's aims to start OLED production in 2015?
Taiwan's Hon Hai (Foxconn) is establishing an OLED R&D center in Japan with an aim to start AMOLED panel production in 2015. Hon Hai is in talks with Sharp's Sakai Display Product (SDP) large-size LCD production base which is jointly operated by Hon Hai and Sharp.

UDC reports record Q2 2013 results
Universal Display revenues were $49.4 million and the net profit was $15.4 million - both much higher than expected. The strong results were attributed to high green material (emitter and host) sales to SDC.

BOE plans to raise $7.5 billion to build 3 panel fabs
BOE announced plans to raise $7.5 billion to build three new display panel production lines, one of them is the LTPS (LCD/AMOLED) fab in Ordos.

On Cynora's copper-based TADF OLED emitters
Cynora developed copper-based OLED emitter systems and we detailed the company's technology and business in an article.

Manz received large OLED processing equipment order
Manz AG reported that the company received its first large order from a Chinese customer for wet-chemical processing equipment to produce OLED displays . This €9 million order (almost $12 million) follows several small purchases.

LG Chem delays flexible OLED production to Q4 2013
In early 2013, LG Chem announced that they will start mass producing flexible OLED lighting panels in July 2013. Now the company updates us that they upgraded the panels (to 55 lm/W, up from 45 lm/W) and have delayed mass production to Q4 2013. The high performance 80 lm/W rigid panels are also delayed to Q4.

China's NVO developed a 4.8-inch flexible AMOLED panel
Guangzhou New Vision Optoelectronics' full-color panel is only 100 microns thick and weighs just one gram. This panel uses an Ln-IZO backplane and a Polyimide substrate.

eMagin posts disappointing Q2 2013 results
eMagin revenues in Q2 2013 were $7 million and the company reported a net loss of $1 million. eMagin reported lower contract revenues from US government agencies and manufacturing challenges.

A new 1680-panel Lumiblade installation in Malaysia
The VIP club in Kuala Lampur installed a large Philips LivingScrulpture 3D OLED system - with 1,680 Philips Lumiblade GL26 (Tall Square) panels. The OLEDs are engineered to move in rhythm with the music.

Mitsubishi and Pioneer's new company to handle OLED sales in Japan
The new company is called MC Pioneer OLED Lighting (jointly owned 50:50) and it will handle OLED lighting marketing and sales in Japan. MPOL offers Verbatim's Velve color-tunable OLED lighting panels (jointly made by Mitsubishi and Pioneer).

Sony's PS Vita 2 to have a 6.3-inch AMOLED?
Rumors suggest that Sony is set to unveil the next-gen PS Vita - with a larger 6.3-inch AMOLED panel. This isn't confirmed but in the meantime the company did discount the first gen Vita by $50.

Apple's newest OLED patent
The US PTO published a new Apple patent that describes how to use sensors to compensate for ambient lighting and lifetime brightness degradation in OLED displays. According to the patent, photo-diodes are to be placed in the OLED array or above and below it.

New OLED gadgets

Motorola Moto X
This US-assembled phone features a 4.7-inch 720p (316 PPI) AMOLED panel. This is the first phone that was designed after Google's Motorola acquisition

Samsung Galaxy Golden
The Galaxy Golden is a clamshell Android smartphone with dual 3.7-inch WVGA AMOLED displays for the Korean market

Sony HMS-3000MT
Sony's new 2D/3D HMD for the medical market uses dual 0.7-inch 1280x720 microdisplays and is based on Sony's HMZ-T2 HMD

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