South Korean factory gradually cuts LCD TV panel market, first overtaken by Taiwanese factory

After South Korea's TV panel market share was surpassed by China in 2017, it was also surpassed by Taiwan at the end of 2019. According to Lin Zhengxian industry analyst of the Photonics Association, according to IHS Markit, Samsung Display (SDI) and LG Display (LGD) produced 665 million (9%) and 104.4 million (14.3%) OLEDs in the fourth quarter of 2019 And liquid crystal display (LCD) TV panels.

Lin Zhengxian said that in the global market, the comprehensive market share was 23.3%, a drop of 8 percentage points from 31.6% in the same period last year.

In contrast, manufacturers such as Taiwan Innolux (3481), AUO, and Sharp have a combined market share of more than two South Korean companies; Innolux produced 11.72 million units (16%) in the fourth quarter, surpassing LGD and growing to become the world ’s largest The two largest display manufacturers.

On the whole, Taiwanese manufacturers will reach 26% of the overall market, including 7% of AUO and 3.3% of Sharp. Their market share in integrated TV panels is second only to mainland China panel manufacturers.

China's market share exceeded 50% for the first time in 2019. Lin Zhengxian pointed out that Chinese manufacturers such as BOE, Huaxing Optoelectronics, Huike, CLP Panda, and Rainbow Optoelectronics, the world's number one display manufacturers, have increased their output to compete with the market, bringing the total to 36.22 million units, surpassing South Korean and Taiwanese manufacturers. Sum. According to Korean media reports, South Korean display market experts believe that although Chinese and Taiwanese manufacturers 'market share continues to expand, South Korean industry competitiveness is not a problem, and further believe that Chinese manufacturers need to invest more than 5 years to catch up with South Korean manufacturers' OLED technology.

It is known from the market that SDI decided to invest 13 trillion won in quantum dot displays (QD) by 2025, thereby accelerating the pace of technological development. plan.

The Tangjing L8-1 production line in the south of Zhongqing was converted into a QD production line. The production line will produce more than 5 million 55-inch large QDOLED TV panels each year. Mass production is expected to begin in the first half of this year.

In terms of LGD, Lin Zhengxian said that last year, the production of TV panels at the eighth-generation LCD factory in Paju, South Korea was stopped. This year, it plans to suspend the production of LCD TV panels in South Korea, and in April will significantly increase the production of next-generation strategic OLED panels. It is planned to begin mass production of OLED panels at an OLED factory in Guangzhou, China. At present, the Guangzhou plant has a production capacity of 60,000 pieces per month. After mass production, it is hoped that the total output will reach 130,000 pieces per month, exceeding the target of 6 million pieces per year.

Lin Zhengxian pointed out that in the panel industry, the TV panel market has always been the focus of panel manufacturers' business, because TVs are home appliances, and market demand has grown steadily, while the demand for small and medium-sized panels for laptops, tablets or mobile phones belongs to telecommunications products. Demand fluctuates greatly. It is estimated that in the first half of this year, global TV panels will grow by about 0.3% in LCD panels, while OLED will have 1.5 times the growth space.