OLED medical equipment market

With the increasing number of Japanese and Korean manufacturers have been put into the OLED (with motor LED) panel industry, OLED applications have gradually opened. Ritek investment OLED panel factory RiTdisplay following the third quarter of last year won the championship after the global shipments have good news, it received two medical equipment manufacturers OLED panel orders, monthly shipments estimated about 300 thousand to 400 thousand, is expected to raise RiTdisplay gross margin performance.

Last year, more than Japan, South Korea electronics manufacturers expand in OLED business investment, Matsushita, Canon, Hitachi announced a joint venture production of AMOLED panels, and Sony is released 11 inch OLED TV, and went on sale in December, Samsung will also be developed for large size OLED tv. In addition, the characteristics of light and electricity but also to OLED panel applications on mobile devices is gradually opened, the new NOKIA Prism OLED panel is the use of mobile phone Samsung SDI, application of OLED in mobile phone panel times on the panel is also more and more wide.

With the OLED panel market acceptance open, say goodbye to the first half of last year low in the second half of last year, RiTdisplay shipments began peatlands, the third quarter shipments and shipments amounted to 6 million 400 thousand and $31 million, shipments and shipments are high, market share reached 41.3% and 39.6% respectively, ranking first in the market jumped. Rhenium Bao said that the second half of 07, the average monthly shipments have a total of 2 million, the peak of the shipment had rushed to the 2 million 400 thousand to 2 million 500 thousand, mainly in the mobile phone panel and MP3 player panel.

It is understood that the re treasure is also successfully open up the medical market, the supply of two medical equipment manufacturers, the use of blood pressure monitors, blood glucose meter, monthly shipments of about 300 thousand to 400 thousand tablets. Since the OLED panel is easy to use at night, it is expected to be more widely used on other medical devices this year. At present time, mobile phone panel MP3 player panel is very poor, gross profit margin of only single digits, using the panel of medical equipment gross margin is generally at least two times, three times, with the medical panel shipment volume, also help RiTdisplay gross margin improvement.

Market research firm iSuppli predicts that the color OLED panel market will grow to $280 million in 2008, in 2013 the market will grow by more than ten times more than the current estimate of shipments increased to $2 billion 800 million.

Source: Taiwan Business Times