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Samsung Display to increase QD-OLED panel capacity by 30% by the end of 2022

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Samsung Display, a panel maker owned by Samsung Electronics, plans to increase the production capacity of QD-OLED (quantum dot organic light-emitting diode) panels by 30 percent by the end of this year. The company plans to achieve this goal by reducing equipment beat time, i.e., reducing the time needed to produce a product without additional equipment spending, sources said.

It is reported that the QD-OLED panel is a display that combines an OLED screen and quantum dot technology. Samsung Display’s Q1 production line, which is mainly responsible for producing QD-OLED panels, is located in Asan City, South Korea.

In early July this year, Samsung Display increased the yield of its QD-OLED panels to 85 percent. In November last year, the company’s QD-OLED panel yield rate was only 50%, which was raised to 75% in mid-April and 80% in early June this year.

In August this year, market research firm Display Supply Chain Consultant (DSCC) predicted that next year, Samsung Display’s QD-OLED manufacturing costs will be 20%-25% lower than this year.

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