Global AMOLED Panels May Be Out of Supply by 2015

Analyst Liu Meijun of the Institute of Industrial Economics and Trends Research (IEK) pointed out that due to the rapid growth of AMOLED panels (active matrix organic light-emitting displays) in mobile applications and will gradually expand into the digital camera market, AMOLED production yield Due to the limited number of new production capacity and other factors, it is estimated that by 2015, the global AMOLED panel may be in short supply. Liu Meijun, an analyst at the Institute of Industrial Economics and Trends (IEK) of the Industrial Technology Research Institute pointed out that due to the AMOLED panel (active Matrix organic light-emitting displays will grow rapidly in mobile applications and will gradually expand into the digital camera market. However, due to factors such as the production yield of AMOLEDs and the limited number of new production capacities, it is estimated that by 2015, global AMOLED panels may be Will be in short supply.

According to the ITRI survey and forecast, in 2010, the global demand for AMOLED panels was approximately 176.2 thousand square meters, and the supply area was approximately 146.7 thousand square meters. It is estimated that the global demand for AMOLED panel will reach 647.3 thousand square meters in 2011, an increase of 260 %, but in 2011, the estimated global supply of AMOLEDs only increased to 282.5 thousand square meters, an increase of approximately 90%.

It is estimated that by 2012, 2013, 2014, and 2015, the global demand for AMOLED panels will be estimated to reach 1,250 thousand square meters, 2,049 thousand square meters, 3,187 thousand square meters, 4,948 thousand square meters respectively, but the supply area will likely Only increased to 551 thousand square meters, 910 thousand square meters, 995 thousand square meters, and 1103 thousand square meters respectively.

According to Liu Meijun, global AMOLED panel supply will not keep up with demand in the next few years, mainly due to factors such as AMOLED's own production yield, materials, and the number of manufacturers' inputs that affect the new AMOLED production capacity.

In terms of yield, Liu Meijun believes that manufacturers must develop higher-yield process technologies, such as laser repair defects in the TFT process. Through the development of materials, AMOLEDs have achieved the goal of low power and long life. For example, the industry is currently actively developing full-phosphorescent material-emitting AMOLED (currently mainly a blue phosphorescent material and bottleneck), and achieves low power and long life through a highly efficient light extraction technology.

In terms of new production capacity, the current global AMOLED technology is dominated by Japanese and South Korean manufacturers, but Korean manufacturers are the most aggressive in expanding production capacity and the most rapid commercialization. In 2010, Samsung Mobile Display (SMD) continued to invest 2.5 trillion won in funds for the construction of the 5.5-generation AMOLED production line. LG Display also invested 800 billion won to construct the 4.5-generation AMOLED production line. These new production capacities are expected to start in 2011 one after another.

Although Taiwan’s Chi Mei Optoelectronics and AU Optronics have all invested in AMOLED’s new production capacity, due to the fact that the original Taiwanese manufacturers did not focus on AMOLED technology, they were not as profound as Japanese and South Korean manufacturers, and Taiwan’s AMOLED business lacked government support, regardless of technology. In terms of resource or industry scale, it is not good for Taiwanese manufacturers. Liu Meijun said that this may also affect the speed and scale of Taiwanese manufacturers' subsequent investment in AMOLED.

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