AMOLED market recovery with sales of 2.3 billion dollars in the Q1 2014

According to the Q1 2014 Quarterly Report by UBI Research, sales of AMOLED in 2014 grew to 2.3 billion dollars by 42% from the previous quarter. The total growth rate is 78% considering the 36% sales drop in the Q4 2013 from the Q3. It is analyzed that panel was shipped from extended equipment in A2 factory in the latter half of 2013 by adding Galaxy S5 to the existing items that Samsung Display (SDC) produces, and this led such growth. Although the quantity is small, LG Display (LGD) also constantly produces plastic OLED and 55” TV OLED panel so sales increases.

It is forecasted that LGD, which manufactures the plastic AMOLED for the mobile, will gradually expand its market share of the AMOLED panel market for mobile dominated by SDC as it took 2% of market share in overall sales of the AMOLED panel in the Q1.

LGD is the only maker who offers the 55” FHD panel in the AMOLED for TV and showed 50% growth in 2014 from the previous quarter. It is expected that the sales volume will increase by more than 60% in the Q2 from the Q1 with the increase of the OLED TV sales overseas by LG Electronics and the start of the OLED TV sales by Chinese TV makers.

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