In the display panel industry, after more than 20 years of hard work, Chinese companies have surpassed South Korea in the LCD panel field, BOE has become the first in the world, and South Korean manufacturers are basically going to withdraw from the LCD market this year. The next goal of domestic manufacturers is OLED panels. Small and medium-sized OLED panels are expected to catch up with Korean manufacturers in two or three years.

LCD ranks first in the world, and Chinese manufacturers vow to surpass South Korea in OLED panel business

At present, OLED panels are mainly used for smart phones and other products. Samsung and LG of South Korea are the leaders in this market. In previous years, Samsung almost monopolized the OLED mobile phone panel market. By the end of 2019, Samsung still holds 88.1% of the market share of OLED mobile phone panels, and China’s BOE, Huaxing optoelectronics, vicino, Tianma and Hehui optoelectronics are all within single digits.

However, the current situation is also different. Chinese manufacturers have begun to vigorously build OLED production lines in the past two or two years. According to statistics, China has more than 10 sixth generation OLED production lines. In two or three years, China’s OELD production lines, especially flexible OELD production lines, will catch up with South Korea.

However, in the field of large-size OLED panels, Chinese manufacturers still lack a sense of existence. Even Samsung is not very competitive in this field. It is mainly led by LG. Their large screen OLED products are still the only.

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