SEOUL, South Korea The world market for organic light emitting diodes is set to grow 64 percent by volume and 45 percent by value in 2006, to reach 100 million units and $900 million, according to DisplayBank, a South Korean display market researcher.
In 2005 the market was $620 million and 61.1 million units, which represented annual volume growth of 65 percent from 2004, the company said.
DisplayBank said Samsung SDI shipped a total of 16.58 million OLED units in 2005, which accounted for 27 percent of the world’s market volume, and retaining its position as the top shipper OLEDs in 2005.
Taiwan’s RiTdisplay Corp. followed Samsung SDI by shipping 15.7 million units last year, a 25.8 percent global market share, and Univision Technology Inc. landed third position with a 12.8 percent share and total unit shipments of 7.8 million, according to the researcher.
LG Electronics Inc., a South Korean rival to Samsung, sold 4.4 million OLED units last year, which represented a 7.2-percent global market share and put itself the fifth on the market leaders’ list, DisplayBank said.
Samsung SDI said it would spend more than 465 billion won ($470 million) in 2006 to build an active-matrix OLED plant, aiming to start mass production in January 2007. When completed, the plant will have an annual production capacity of 20 million units. The displays are intended for use in mobile phones.
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