Global OLED market shipments will reach 100 million units

According to South Korea display market research company DisplayBank predicts that in 2006 the global OLED market shipments will reach 100 million units, up 64% over the previous year; total sales will exceed $900 million, a year-on-year increase of 45%. According to statistics in 2005, the global OLED market size of $620 million, shipments of 61 million 100 thousand units, in terms of shipments increased by more than 65% in 2004. DisplayBank said that Samsung SDI (Samsung SDI) in 2005 sales of 16 million 580 thousand units of OLED devices, accounting for the global market total shipments of 27%, to maintain the first position in the market. In addition, Samsung SDI said that in 2006 will spend more than $470 million to build a new active matrix OLED plant, the target in 2007 of January mass production. After the completion of the new plant, the new plant is expected to produce an annual capacity of 20 million units OLED devices for mobile phone display market. Taiwan area rhenium treasure (RiTdisplay) followed, in 2005 the total shipments of 15 million 700 thousand units, accounting for the global market share of 25.8%. Taiwan leisure King (Univision) the company's ranking rose from fourth to third, shipments of up to 7 million 800 thousand units, accounting for the global market share of 12.8%. South Korea LG electronics in 2005 sales of 4 million 400 thousand sets of OLED devices, accounting for 7.2% of the global market share, the market ranking in the top fifth.