According to UBI Research, the shipment of 10-inch OLED panels used in tablets, notebooks, monitors, and TVs reached 10.29 million units during the first half of 2021.
This was due to high sales of gadgets that use OLED panels, the analyst firm said (via: THE ELEC). The panels accumulated $2.95 billion during the first half of 2021, which is around 2.4 times the sales figure of $1.221 billion recorded the same time a year ago.
Further, UBI Research said that Samsung was turning its rigid A2 OLED line from a smartphone panel manufacturing line to the one that manufactures IT OLED panels. This will be done by running the A2 line at 40,000 to 50,000 Gen 6 (1500x1850mm) substrates per month in production capacity, starting in the second half of the year.
Near the end of the year, Samsung Display is also scheduled to start producing OLED screens for Apple’s iPad. This will allow the IT OLED market to have explosive growth in 2022, UBI Research noted. For this, Samsung Display has been accelerating its spending plan for a Gen 8.5 (2200x2500mm) IT OLED line.
Samsung isn’t the only one accelerating its OLED manufacturing capabilities though, as it is joined by LG Display that recently finalized a plan to build a Gen 6 IT OLED line at Paju.
Notably, 3.4 million units out of the total OLED shipment during the first half of the year were for TVs. This figure could increase during the second half of the year with the upcoming Black Friday.
Still, the shipment of OLED panels smaller than 10-inches stands astronomically higher at 333.5 million units, according to the research firm. Of course, this is due to the fact that smartphones continue to be one of the most popular devices that make use of OLED panels.
The revenue generated from >10-inch OLED panels shipment during the fast half of 2021 stands at $20.5 billion, which is an increase of 62% from sales of $12.7 billion during the same period of time last year.
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