What They Say
DSCC published some interesting information based on its TV cost report and highlighted that MiniLED-based TVs would compete at around the same price as WOLED sets.
DSCC reports that LGD expects to sell 7M to 8M OLED TV panels in 2021, compared to 4.4M in 2020, and to help this effort it will introduce new screen sizes that can allow lower price points. Whereas prior to 2020 LGD’s lowest cost OLED TV panel was a 55”, the cost of 48” UHD panels is 20% lower than 55” UHD, and the cost of 42” UHD panels is 33% lower. This will allow LGD’s customers to introduce OLED TVs at lower price points which will broaden the market.
Although initially miniLED cost is higher than WOLED, the gap will narrow to cost parity in 2025. Production of WOLED will cost around 14% less in China than Korea, although yields will stay higher in Korea.
What We Think
As is always the case, consumers will be the winners here, with better and better TVs getting cheaper and cheaper! (BR)
