Samsung Display President Choi Joo-sun said in a meeting with executives and employees at the Giheung Campus in Yongin City, Gyeonggi Province, South Korea, earlier this month that the company has increased the yield of its quantum dot (QD)-based organic light-emitting diode (OLED) panels to 85 percent. Also in the first half of 2022, Samsung Display’s small-and-medium-sized panel sales grew 10 percent year on year and reached a record high.
The high yield of 85% has clearly had a positive impact on Samsung Display’s wide range of customers. For reference, QD-OLED panel yields were only around 50% at the beginning of mass production last November.
After that, the company managed to stabilize yields faster than expected. Samsung Electronics has launched QD-OLED TVs in North America and Europe during this period, and Sony and Dell have launched TVs and gaming monitors using the panels.
Despite weaker demand for smartphones in the first half of 2022 due to inflationary pressures, Samsung Display made quite a splash in the small and medium-sized panel market — largely thanks to increased sales of folding screen smartphones.
Market research firm DSCC noted that folding screen smartphone shipments in the first quarter of 2022 were up 571 percent year-over-year to 2.22 million units.
In addition, Omdia said Samsung Display captured 85.9 percent of the foldable OLED panel market and 64.5 percent of the small- and medium-sized OLED panel share in Q1.