Samsung Display is expected to increase production of quantum dot (QD)-organic light-emitting diode (OLED) displays next year.
Samsung Display is expected to increase production of its QD-OLED display panels from 30,000 per month now to 40,000 next year.
" The company's QD-OLED display panel production yield increased to 85 percent in the first half of this year, demonstrating its strong technical capabilities," Omdia general manager Jung Yun-Seong said at the research firm's conference.
Due to the increase in production, Samsung Display will be able to add 49-inch and 77-inch QD-OLED displays to its product portfolio, Jung analyzed. He estimated Samsung Display's QD-OLED panel production at 600,000 to 800,000 units in 2023, and 1.4 million to 1.6 million TVs. He sees total annual production of 2 million to 2.4 million panels next year.
In terms of profitability, Samsung Display is considered the most stable player among global display companies. The company's average profit margin between 2017 and the first quarter of 2022 is around 10%, higher than the 7% to 8% range of China's BOE and CSOT.
The margins of BOE and CSOT declined in the second quarter of 2022, but Samsung Display's margins reached 14%.
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