Tianma Optoelectronics increases shipments of small and medium-sized LCD/OLED panels to enhance competitiveness

by:Kimeery     2021-06-04

According to relevant data, although Samsung Display successfully maintained its top supplier ranking in the global small and medium-sized panel market in the third quarter of 2018, Chinese panel manufacturer Tianma Optoelectronics also continued to increase its shipments and shrink The gap between the second-ranked LG Display.

Due to the increase in shipments of OLED panels to Apple’s iPhone XS and XS Max, the revenue of Samsung’s Display OLED business unit in the third quarter of this year has achieved substantial growth compared with the previous quarter.

At the same time, in addition to the LCD panels shipped before, Tianma also began to sell OLED panels to Chinese smartphone manufacturers, thereby substantially increasing revenue.

However, the revenue of LG Display and Japan Display (JDI) continued to decline in the first three quarters of 2018, mainly due to the decline in LCD panel shipments to Apple. During this period, Apple’s iPhone XS and XS Max use more OLED panels.

Although Samsung Display’s operating profit margin in the third quarter of 2018 has significantly improved compared to the previous quarter, due to the increase in the number of LCD for Samsung panel suppliers, the operating profit margin of this quarter is higher than that of last year. All quarters have declined.

LG Display’s operating profit margin has continued to decline for six consecutive quarters since the first quarter of 2017, and even suffered losses in the first two quarters of 2018. JDI also realized losses for six consecutive quarters. Nevertheless, LG Display has also begun to increase its LCD for Samsung panel production capacity, among which small and medium-sized OLED panel shipments accounted for 13% of the total small and medium-sized panel shipments in the third quarter of 2018. It is reported that the increase in OLED panel shipments of LG Display and Tianma Optoelectronics will accelerate the pattern change of the global OLED panel market.

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