What They Say
OLEDNet.com published data from UBI Research that set out that the market for OLED emitter materials in Q3 2022 was “$4.96 billion”. However, we believe that this number was inaccurately calculated and should be $496 million! The firm also said that the overall market should reach $1.8 billion this year. Q3 was 20.9% up on Q2 and 10.9% up on last year.
Yoon Dae-jeong, an analyst at UBI Research, said,
“In the small OLED material market, Samsung Display’s shipments of rigid OLEDs will continue to decline, but foldable OLEDs will expand to 80 million units by 2027, and purchases of emitting materials are expected to be $ 680 million by 2027. In addition, BOE and LG Display’s purchases of emitting materials are expected to be $ 380 million and $ 230 million, respectively, in 2027.”
He added, “…shipments of LG Display’s WOLED and Samsung Display’s QD-OLED are expected to be in the mid-12 million and early 2 million units respectively”
In this report, RGB OLED is expected to account for the largest share with 69.1% by OLED deposition method in 2027, and WOLED is expected to account for 15.2%, RGB 2stack OLED 11.1%, and QD-OLED 4.6%.
What We Think
The article also quotes the value of purchases for WOLED and QD-OLED for TV applications, but the numbers quoted made no sense! (BR)
