Skyworth Commits to More OLED TVs
September 24, 2018
Chinese brand Skyworth will spend an additional $73m to expand its OLED TV module factory from 300,000 units/year to 1,000,000. Last year Skyworth was the 4th largest OLED TV brand worldwide with a 3.2% share, but far behind leader LG Electronics with a 74% share and #2 Sony (SNE) with a 12% share. Both BOE and ChinaStar are building plants with OLED TV panel capacity and have pilot lines running, but real competition is not likely to begin until ate 2019 or early 2020. LG Displays monopoly on OLED TVs is expected to be challenged by the two Chinese super display makers and Samsung with its hybrid down conversion system. Samsung hope to have a Gen 8.5 pilot line with a Kateeva printer running in December 2019.