Business News | Aug 17, 2006

LGE topped 2Q 2006 OLED shipments

LG Electronics (LGE) leaped to the top in worldwide OLED (organic light-emitting diode) shipments in the second quarter, after falling into the third place in the first quarter of 2006, according to research firm Displaybank.

LGE shipped 4.5 million OLEDs in the second quarter of 2006, while Samsung Electronics shipped around four million units, followed by Taiwan's RiTdisplay with 3.7 million units, Univision Technology with 2.2 million units and Japan's Pioneer with 1.8 million units.

South Korean OLED manufacturers, which were caught off guard by Taiwanese firms last year, have been widening the gap with Taiwan again, buoyed by LGE's rapid growth. South Korean vendors' shipments amounted to almost nine million units in the second quarter of 2006, while Taiwan's results were less than seven million units, according to Displaybank.

 

Global OLED shipment share, 1H06 (thousand units)

Company

1Q06

2Q06

Q/Q

Shipments

Share

Shipments

Share

LGE

1,421

11.1%

4,471

23.2%

214.6%

SDI

2,876

22.5%

4,087

21.2%

42.1%

RiTdisplay

2,276

17.8%

3,712

19.2%

63.1%

Univision

1,875

14.7%

2,241

11.6%

19.5%

Pioneer

1,733

13.6%

1,768

9.2%

2.0%

TDK

941

7.4%

1,204

6.2%

27.9%

Others

1,662

13.0%

1,806

9.4%

8.7%

Total

12,784

100.0%

19,289

100.0%

50.9%

 Source: Displaybank

 

LGE shipped 1.55 million units in April, 1.45 million units in May and 1.5 million units in June 2006, for a second-quarter shipment total of 4.5 million units. These are equivalent to its combined shipments for the full year of 2005, noted Displaybank.

LGE is expected to achieve shipments of more than 1.8 million units on the back of the seasonal pickup in demand this summer, while fighting for the first and second place in overall shipments for 2006. The OLED panel maker is considering a transfer of the OLED business to LG.Philips LCD and LG.Philips LCD is also making preparations for mass production of active-matrix (AM) OLED panels, according to Displaybank.

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