OLED and XR industry outlook

The OLED industry is slowly moving from smartphones and TVs to IT and automotive. The global OLED production capacity for smartphones is 1 billion units, and the Chinese smartphone market is rapidly increasing the use of OLEDs, so LCD lines below 6G will gradually lose their value. The ignition of the OLED market for IT is driving investment in 8.6G equipment. The investment in OLED lines for IT by Korean and Chinese companies is expected to start with tablet PCs and expand to laptops and monitors. Increased investment in OLED for IT will also depress the value of 7G LCD lines. Expectations for micro-OLED market growth are being fueled by Apple Vision Pro. Korean display companies are also investing in mass production equipment in anticipation of MR device market growth. The Korean display industry, which has the best OLED manufacturing technology, will dominate the micro-OLED market.