Awesome deals, Galaxy Book 4 series, Watch 6, S24 Ultra or Z Flip 5! - Get 15% discount on Thinborne cases!

SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission.

Notifications
    News for you

    Samsung Display’s flexible OLED sales top $1 billion

    Business
    By 

    Last updated: December 16th, 2016 at 14:18 UTC+01:00

    Samsung Display saw its flexible OLED panel sales cross $1 billion for the first time in its history in the third quarter of this year. The conglomerate's display-making affiliate supplied panels not only to Samsung Electronics which accounts for a big chunk of its business but also to top Chinese manufacturers like Huawei, Oppo, and Vivo. Sales to Chinese companies helped Samsung Display cross this major milestone.

    Data from market research institute IHS Market shows Samsung Display retains its number one position in the small and mid-sized display market as it accounted for 31.8 percent of the entire market. It maintains a gap double that the market share of its closest rival, Japan Display, which accounts for 15.4 percent of the market while LG Display comes third with 13.1 percent.

    Samsung Display maintains its virtual monopoly in the small and medium-sized OLED market with a 96.2 percent market share in the third quarter of this year. Even though LG Display and even Chinese manufacturers have entered this market they still have a long way to go before they can effectively compete with Samsung Display in the mobile OLED arena.

    Samsung is actually the only panel maker in the world that's operating the A3 line, a sixth-generation flexible OLED line at its Tangjeong plant in Chungcheong-nam-do. Flexible OLED panels manufactured here are supplied to Samsung Electronics for its mobile devices as well as a handful of Chinese manufacturers.

    Via Business OLEDSamsung Display

    You might also like

    Samsung showcases bendy phone that you can wear on your wrist

    Samsung showcases bendy phone that you can wear on your wrist

    Samsung always has fun smartphone concepts to showcase at global expos. At this year's Mobile World Congress (MWC), the South Korean firm showcased a bar-style smartphone that can bend and be worn on the wrist. The company also showcased small OLED screens in various form factors attached to various accessories and devices. Samsung Cling Band […]

    • By Asif Iqbal Shaik
    • 1 day ago
    Apple’s next-gen 11-inch iPad Pro could use Samsung’s OLED panel

    Apple’s next-gen 11-inch iPad Pro could use Samsung’s OLED panel

    Samsung has been supplying OLED screens for iPhones and Apple Watches for a few years now. And for the first-ever iPads with OLED screens, Samsung will again be the display panel supplier. However, reports indicate that the orders will reportedly be split between Samsung Display and LG Display. Samsung will share OLED iPad Pro display […]

    • By Asif Iqbal Shaik
    • 5 days ago
    Samsung partners with FlexIt to bring health and wellness training to its TVs

    Samsung partners with FlexIt to bring health and wellness training to its TVs

    Last month, Samsung unveiled its new lineup of smart TVs that includes QLED TVs, Neo QLED TVs, OLED TVs, and Micro LED TVs. All these new TVs run a new version of Tizen (7.0) that brings new content, connectivity options, and features. They also feature Samsung Daily+, which is a central hub where users can […]

    • By Asif Iqbal Shaik
    • 6 days ago
    Samsung is getting ready for Discover Spring Sale 2024

    Samsung is getting ready for Discover Spring Sale 2024

    Samsung is getting ready for springtime and has announced a new Discover sales event for the season. The company says spring is “the perfect time to gear up and get moving on your goals,” and wants to help its customers on that task with new deals, starting the week after next. For the first time, […]

    • By Mihai Matei
    • 7 days ago
    Fear of China’s OLED gains sparked Samsung and LG’s budding romance

    Fear of China’s OLED gains sparked Samsung and LG’s budding romance

    Samsung and LG are both major Korean conglomerates that also compete against each other in various industries, such as component manufacturing, electronics, and home appliances. LG used to make phones back in the day as well but has since given up on that business. Samsung Display and LG Display are the leading South Korean display […]

    • By Adnan Farooqui
    • 7 days ago
    Not yet on sale, Samsung’s 2024 TVs show up at another tech event

    Not yet on sale, Samsung’s 2024 TVs show up at another tech event

    If you have followed our CES 2024 coverage, you probably remember that Samsung unveiled its 2024 range of Neo QLED, OLED, and lifestyle TVs at the event in Las Vegas at the beginning of the year. However, these 2024 TV lineups are not yet available for purchase, and your best bet to see these new […]

    • By Mihai Matei
    • 1 week ago