OLED panel will repeat the drama of LCD panel market dominance taken by China in the future?

South Korea lost LCD leader repeat? Central panel factory OLED market from 1% jump 13. China's government in recent years vigorously supported local panel factories, LCD the market against Japanese and Taiwan-Korean competitors. The latest survey shows that as the OLED panel becomes mainstream, the market share of Chinese panel factories in the OLED panel market is increasing rapidly, and South Korean media warn that the future is likely to replay the drama that LCD panel market dominance has been taken away by China.

BusinessKorea》Report, According to the Korean Display Industry Association (Korea Display Industry Association)14 report, Benefiting from the Chinese government's subsidy policy, China's panel factory accounts for 13.2% of the global smartphone AMOLED panel market in 2020, The first time to break through the 10% mark. In 2016, The market share of Chinese panel factories is only 1.1%, But it jumped to 9.8% in 2019, The trend of quick pursuit is swift and violent.

The data show that Beijing and East (BOE) market share rose sharply from 0.1% to 8.8% in 2017~2020. Through rigorous testing by Apple (Apple), Beijing and Oriental entered the Apple supply chain smoothly in 2020, becoming a iPhone 12 since the second half of 2020 6.1" OLED panel supplier.

With the exception of Beijing and Oriental, Huaxing Optoelectronics (CSOT), Tianma (Tianma) and Hehui Optoelectronics (EDO), China's panel factories have also actively expanded their investment, with more than 20 OLED production lines under construction or planning in China.

The report points out that while there is still a big gap between the technical strength of Chinese panel factories and Korean factories, Chinese companies are holding price advantages and the global market share is rising.

Three years ago, Chinese panel manufacturers receive government subsidies for production, Big expansion of LCD panel capacity, And with a price war, Offer 30% lower than Han factory, Has successfully captured the global LCD market leader, But it also led to a sharp fall in the price of large LCD panels. August 2018, 55"4 K LCD panel for $192, But it fell to $100 in December 2019.