South Korean IT Display Manufacturers Replacing LCD with OLED, IHS Markit Says

Dateline City:
LONDON
Contacts
Technology
Lee Graham, +1 303 264 9404
lee.graham@ihsmarkit.com

LONDON (October 4, 2016) – Due to increasing capacity from China, South Korean LCD panel makers are quickly realizing that LCD displays profitability may eventually erode, due to growing capacity and price competition from China, so they are betting their future on organic light-emitting diode (OLED) displays. Because of lower profit margins and slowing market growth, the IT display category has become the first product line that LCD display manufacturers are quitting, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

Language:
English

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