After a record-breaking Q3, Samsung Electronics slowed down a bit in Q4 as sales of its smartphone products slumped, but strong revenues in display products and other divisions kept the company on a Y/Y growth path.
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The big increases in LCD TV panel prices and a seasonal increase in shipments of OLED panels helped LG Display (LGD) to its best quarter for profitability in more than three years in Q4 2020, but LGD’s Q4 profits fell just short of bringing the company to profit for the full year.
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An accident at an AGC glass plant in Korea may have only a small impact on the current shortage for display glass but is likely to extend the tightness until summer. After a tank failure at Corning and a power outage at NEG, this accident at AGC means that all three of the major display glassmakers have experienced production problems in the last six months.
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X Display Company (XDC) spun out of X-Celeprint in 2019 to continue the commercialization of Micro Transfer Printing for display manufacturing. This technology has been developed over the last 15 years, which makes XDC one of the first companies to offer a mass transfer technique specifically for microLED displays. According to XDC, the technology is particularly well-suited for micron-scale chips, and they have achieved the highest transfer yields with devices smaller than 100 microns.
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Sales for AMOLED stack materials for all applications are expected to grow at a 18% annual rate from $927 million in 2019 to $2.46 billion in 2024, according to the latest update of DSCC’s Quarterly AMOLED Material Report. The report details all aspects of AMOLED materials, including multiple applications, supplier matrices and cost comparisons.
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The two big Taiwan panel makers reported their Q4 2020 results this week, and as expected both posted their biggest profits in more than three years. In addition, both companies managed to book profits for the full year 2020.
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According to an announcement from the Shanghai Stock Exchange on February 1st, 2021 , Ever Display has passed a censorship milestone and will be public listed in the Star market after finishing the registration and waiting for the registration to be valid. If everything goes smoothly, we can expect to see its stock listed in H1 2021.
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The top three TV brands continued to report terrific profits in Q4 despite the substantial increase in LCD TV panel prices, as strong demand brought increased revenues that overwhelmed the increased costs.
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As demand for LCD products remains strong with concerns deepening about shortages in glass substrates and driver ICs, LCD TV panel prices continue to increase in Q1, and we expect that to continue in Q2. Announcements by the Korean panel makers that they will maintain production of LCDs and delay their planned shutdown of LCD lines has not prevented prices from continuing to rise.
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With LCD prices surging, many customers on allocation due to tight panel supply and component shortages and LCD manufacturers enjoying strong financial performance and stock price appreciation, LCD manufacturers are now projected to embark on a new wave of capacity growth.
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