Shulou(Shulou.com)11/24 Report--

January 17 news, according to foreign media reports, South Korea, which has two major panel manufacturers, Samsung display and LG display, has obvious advantages in more technologically complex and profitable OLED panels, which are also their important export products.

According to the latest reports from foreign media, according to the data released by South Korea's Ministry of Trade, Industry and Energy, the export value of OLED panels reached US $15.1 billion in 2022, an increase of 4% over the same period last year and three consecutive years of growth.

In addition to OLED panels, LG also produced LCD panels for televisions in South Korea last year, while Samsung showed that it was also increasing the production capacity of QD-OLED panels, which were also exported.

Figures released by South Korea's Ministry of Trade, Industry and Energy also show that OLED panels accounted for 60 per cent of the panels they exported last year, with the remaining 40 per cent being other types of panels.

In terms of OLED panels, Samsung display and LG show that the two major South Korean manufacturers have different advantages. The former has obvious advantages in the small and medium-sized OLED panels needed by smartphones, and is the main supplier of OLED panels needed by iPhone, and also supplies to other manufacturers; the advantage of LG display is in the large-size OLED panels needed by televisions, but in the OLED panels needed by smartphones, they have also made progress and are also supplying large quantities of iPhone.

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