Chinese OLED production quantity is expected to catch up with South Korea in three years

In recent years, in the field of OLED, Chinese manufacturers are striving to catch up with Samsung and LG display. According to data released by Omdia, a market research company, Chinese LCD panel manufacturers shipped 105 million LCD panels in 2019, a significant increase from 32 million in 2018. Among them, BOE's OLED panel shipment volume is 39.1 million RMB, up 700% over the same period of last year! In addition, BOE has obtained new orders. In 2020, the OLED panel capacity will reach the previous 2-3 times, that is to say, it will increase by more than 200%.           
With the slow down of the Chinese mainland epidemic situation and the demand for high-end display products by 5G terminal products, the lcd industry forecast that in 2020, the OLED panel will still be in short supply as better display effect with OLED. In the field of OLED panel production and integration, at present, BOE, TCL, EverDisplay, Visionox, Shenzhen Tianma and other enterprises have had considerable technical level and industrial capacity. According to experts, by 2021, the monthly production capacity of China's OLED production line will exceed 450kpcs, accounting for 26% of the global capacity. By 2023, the total capacity of OLED panels in Chinese mainland will be nearly 46%, and the capacity of OLED panel in China is expected to exceed Korea in three years.           

Small and medium size OLED screen localization           

Thanks to the prevalence of full screen smart phones, the demand for small and medium-sized OLED panels is also increasing year by year. It is estimated that by 2023, the market penetration of small and medium-sized OLED in the world will reach 68.1%, and the LCD screen market will gradually be replaced by OLED screens.  

For the small and medium size OLED screen module, custom oled display are welcome for other manufacturer, such as Maclight. Custom make oled display module are welcome for Maclight.         

Although Samsung and LG display have always been Korean manufacturers in the field of OLED smart phone screens, with the mass production of OLED screens by BOE and vicino, small and medium-sized OLED screens have achieved self-sufficiency so far, and the monopoly position of Korean manufacturers has been broken.           

In order to support the development of domestic OLED screen manufacturers, domestic mobile phone manufacturers Huawei, ZTE, Xiaomi, oppo and so on have adopted domestic OLED screens. For example, as early as 2018, Huawei's mate20 Pro mobile phone adopted BOE OLED screen, which was highly praised by users in terms of display effect. Afterwards, BOE OLED screens were used in P30 series, mate30 series and P40 series; BOE and Visionox OLED screens were used in glory 30 series of Huawei; ZTE and Visionox have cooperated for a long time, not only 5g ZTE axon The flexible AMOLED panel on the 10pro is provided by Visionox alone. The world's first wrist wearer Nubia α under ZTE's Nubia, the latest Red Devils 5g game phone and other products are provided by Visionox alone.           

Breaking technical barriers domestic OLED panel is expected to catch up with South Korea in three years           

More than that, the OLED screen made in China has also been highly recognized by apple, a foreign company. The OLED screen jointly developed by BOE and GIS may be applied to the 5.4-inch iPhone 12. According to insiders, BOE decided to invest in OLED module production lines specifically for apple, and planned to build 10 new module production lines in its B11 OLED plant in Sichuan.            The rise of folding screen mobile phones also accelerated the upgrading of OLED panel game. It is reported that Huawei matexs uses BOE's flexible folding screen, Motorola Razr V3 uses TCL and BOE's folding screen, and TCL folding screen mobile phone uses TCL folding screen. The mass production and supply of domestic OLED flexible screens not only provide a choice for domestic mobile phone brands, but also let them slowly start to get rid of the situation of being controlled by others.           

In addition to mobile screens, small and medium-sized OLED screens are also suitable for tablet computers, laptops, wearable devices and automotive applications. It is understood that Hehui optoelectronics has delivered a number of customized OLED panels of different sizes for Huawei, BBK, HP, Dell and other manufacturers; not only EverDisplay, BOE is also developing 15.6-inch, 12.6-inch and 13.3-inch OLED panels for notebook manufacturers.        

In this regard, industry professionals said that although the domestic OLED industry started late, the strong growth potential still let the capital market smell the smell of opportunities, and the use of domestic OLED screens has become an inevitable trend. At present, the strong cooperation between domestic manufacturers and domestic OLED manufacturers is a good win-win cooperation, which can not only reduce the dependence of OLED screen Market on Samsung, LG display and other foreign panel manufacturers, but also further promote the rapid rise of domestic panel industry chain.           

Towards big size and 5G           

In today's panel technology transformation and upgrading, especially in the large-scale field, LCD, OLED and even qled show the trend of competition in chambers. Sharp highly praised LCD, LG display bet OLED and Samsung switch to qled. At present, domestic OLED manufacturers mainly focus on the development of OLED inkjet printing technology with lower cost. Although they have not achieved large-scale production and supply, they have achieved little. For example, at the SID International Display Week 2019, BOE exhibited a 55 inch 4K OLED display screen adopting inkjet printing technology; at the CES exhibition in early 2020, Guangdong Juhua and TCL jointly released the world's first 31 inch inkjet printing winding flexible prototype, which was widely noticed.            

Because of the hot sales of OLED TV, the global large-scale OLED panel has been in a more serious situation of short supply. In view of this, BOE and csot have reserved the capacity of large-size OLED TV screen in their new 10.5 generation line and 11 generation line, as the extension and supplement of the capacity of main large-size LCD TV panel, and at the same time, it is helpful to seize the new high point of OLED TV in the future.           

The Chinese OLED production quantity is expected to catch up with South Korea in three years.