The OLED-Info weekly newsletter

Published: Tue, 01/31/23

Weekly OLED industry and market news
 
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The OLED-Info newsletter (February 1, 2023)

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LG Electronics is using SDC AMOLEDs in its 2023 Gram laptops

Earlier this month LG Electronics introduced its 2023 Gram laptop series, that all come with OLED displays. According to the latest update from Korea, these new laptops use displays produced by Samsung Display.

LG Gram OLED laptop 2023 CES

This is the first time that Samsung provides AMOLED displays to LG Electronics. These are rigid OLEDs. LG Display does not produce such displays, it is making only flexible OLED panels.

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LG Display reports a wide loss in Q4 2022 as demand for displays is low

LG Display reports its financial results for Q4 2022, with an operating loss of around $710 million USD (down from a profit of $350 million in Q4 2021). The company says that high inflation and interest rates reduce consumer demand and it sees weak demand and falling prices for both OLED and LCD displays.

LGD says that LCD prices are at an all time low, and the company will accelerate its plans to wind-down its LCD production. During the quarter, the portion of OLED displays out of its total revenues have risen over 50% for the first time. LG Display will also adjust its utilization rate at its OLED TV factories to meet the lower demand.

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ICCAS chooses Notion Systems' inkjet printing solution to research organic materials for display appllications

Industrial inkjet printing developer Notion Systems announced that is has been selected by the Institute of Chemistry, Chinese Academy of Sciences (ICASS) for organic material R&D. Notion Systems worked together with its partner YixinTech as its system went through a long comparison against other inkjet printers in the market.

ICCAS is a multi-disciplinary research institute dedicated to basic research in broad fields of chemical sciences. One of its major research areas is organic materials for display applications.

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UBI: Samsung to increase its QD-OLED capacity by 50% by 2024

UBI Research says that Samsung Display has decided to increase its QD-OLED production capacity, from 30,000 monthly substrate to 45,000 - that's a 50% increase - by 2024.

Samsung Display QD-OLED panels at CES 2022

UBI also says that Samsung has updated its QD-OLED material stack (now called QM2), with an upgraded ETL green layer, and has started to recycle the waste materials in its production process.

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LG Displays adopts its MLA technology to its new gaming monitors

Last month LG Display announced its META technology, which is a micro-lens array (MLA) that increases OLED brightness by around 60% and viewing angles by 30%. The MLA technology was first adopted in LG's high-end TV panels.

LG UltraGear 27GR95QE-B photo

According to reports from Korea, LGD is now applying MLA to its gaming monitors, as it sees the growing gaming market as an important one for its future growth.

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DSCC: the recovery in OLED fab utilization is slower than expected

According to DSCC, display fab utilization started to decline in Q2 2022, and this continued - and bottomed out towards the end of 2022. The industry is starting to recover, but the recovery is slower than expected before.

This is true for both LCD and OLED displays, as you can see in the graph above.

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