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South Korea Drops To #3 in TV Panel Market Share, Behind China And Taiwan
Samsung Display and LG Display produced 656 million units (9%) and 104.4 million units (14.3%) of OLED and LCD TV display panels, respectively, in the fourth quarter of 2019, Omdia said on March 12. The two companies recorded a combined market share of 23.3% in the global market, down more than 8% from 31.6% posted in the same period last year.
In contrast, the market shares of Taiwanese companies such as Innolux, AUO, and Japan’s Sharp rose, surpassed those of Korean companies. In particular, Innolux produced 11.72 million units (16.1%) in the fourth quarter, surpassing LG Display and emerging as the world's second-largest display manufacturer. Taiwanese companies’ combined market share, including AUO’s 7.4% and Sharp’s 3.3%.
China's market share passed 50% for the first time in 2019. BOE, the world's No. 1 display maker,, China Star, HKC, CEC Panda, and CHOT increased output, boosting the total to 36.22 million units, which eclipsed the combined sum of Korean and Taiwanese manufacturers.
Samsung Display is planning to start mass production of large QD-OLEDs in the first half of next year. The company has reportedly transformed the L8-1 Line in Tangjeong of South Chungcheong Province, which has produced more than 5 million LCD TV panels (based on 55-inch panels) per year, into a QD line.
LG Display stopped producing TV panels at its eighth-generation LCD factory in Paju, Korea last year. This year it is planning to suspend LCD TV panel production as a whole in Korea. "We are planning to produce LCD panels for other products with high added value such as monitors, laptops, and tablets," an LG Display official said.
Figure 1: TV Panel Shipments
Samsung Display and LG Display produced 656 million units (9%) and 104.4 million units (14.3%) of OLED and LCD TV display panels, respectively, in the fourth quarter of 2019, Omdia said on March 12. The two companies recorded a combined market share of 23.3% in the global market, down more than 8% from 31.6% posted in the same period last year.
In contrast, the market shares of Taiwanese companies such as Innolux, AUO, and Japan’s Sharp rose, surpassed those of Korean companies. In particular, Innolux produced 11.72 million units (16.1%) in the fourth quarter, surpassing LG Display and emerging as the world's second-largest display manufacturer. Taiwanese companies’ combined market share, including AUO’s 7.4% and Sharp’s 3.3%.
China's market share passed 50% for the first time in 2019. BOE, the world's No. 1 display maker,, China Star, HKC, CEC Panda, and CHOT increased output, boosting the total to 36.22 million units, which eclipsed the combined sum of Korean and Taiwanese manufacturers.
Samsung Display is planning to start mass production of large QD-OLEDs in the first half of next year. The company has reportedly transformed the L8-1 Line in Tangjeong of South Chungcheong Province, which has produced more than 5 million LCD TV panels (based on 55-inch panels) per year, into a QD line.
LG Display stopped producing TV panels at its eighth-generation LCD factory in Paju, Korea last year. This year it is planning to suspend LCD TV panel production as a whole in Korea. "We are planning to produce LCD panels for other products with high added value such as monitors, laptops, and tablets," an LG Display official said.
Figure 1: TV Panel Shipments
