Samsung Display is apparently planning to raise the production of its QD-OLED display panel technology. The rise in production hints at the company’s plans to push this technology forward for its upcoming products.
According to a BusinessKorea report, the South Korean tech giant’s display unit is planning on raising the production of its quantum dot organic light emitting diode panels from 30,000 sheets per month to 40,000 sheets per month. As per Jung Yun-seong, managing director of Omdia, “the company’s production yield of QD-OLED display panels increased to 85% in the first half of this year, showing its strong technical competence.”
Thus, the increase in production would allow Samsung Display to roll out 49 inch and 77 inch QD-OLED displays that will add to its product portfolio. Jung has projected that the company’s QD-OLED display panels will reach 600,000 to 800,000 units next uear for monitors and 1.4 million to 1.6 million units for TVs. In other words, this brings the total panel production to around 2.4 million units in 2023.
At the moment, Samsung Display is an industry veteran and one of the most profitable display companies in the world. Its profitability has already beaten the likes of BOE and CSOT and it even achieved a record high profit margin in the second quarter of this year with a 14 percent margin. So, it arrives as no surprise that the company is also pushing forward its cutting edge display technologies in the market.