Samsung Display today announced that it has delivered 1 million high-quality QD-OLED display panels for displays.This milestone was achieved two and a half years after the launch of its QD-OLED technology, which led the transformation of the display market from LCD to OLED.
Samsung Display's QD-OLED is an innovative self luminous technology that uses blue OLED light filtered through a quantum dot (QD) layer to generate color.This technology has the characteristics of fast response, high color accuracy, almost unlimited contrast and wide viewing angle, and is especially suitable for large screen equipment.
The company began to produce QD-OLED display panels in 2022 to meet the growing demand for high refresh rate and fast response time displays, especially in the game industry, and also led the development of the self luminous display market.
At present, the company's QD-OLED product series includes 27, 31.5, 34 and 49 inch screens, and provides various high-level specifications, including the highest 4K resolution and 360 Hz refresh rate in the OLED display industry.
So far, Samsung Display has cooperated with 10 global display brands to launch more than 90 QD-OLED displays.Many of them are game specific displays, which are especially popular among game players who are seeking high immersion and response speed.
Samsung Display plans to expand the market from game displays to professional displays for multimedia and entertainment production.It also recently introduced a cutting-edge reference display for video editing.
QD-OLED products have received a positive market response. The market research company OMDIA predicts that by 2029, the composite annual growth rate of the self luminous display panel market will reach 12.3%, and the market size will reach 1.03 billion US dollars (1.4 trillion Korean won).This will account for 10% of the entire display panel market.Samsung Display Company currently ranks first in the self luminous display panel market, with a share of 79.7% by the fourth quarter of 2023.
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