You are here: Home » Technology » News
Business Standard

Samsung Display's OLED sales may cross $5bn in first quarter of 2021

The sales of OLED panels from Samsung Display is expected to cross $5 billion in the first quarter of 2021


IANS  |  New Delhi 

Photo: Reuters
Photo: Reuters

The sales of OLED panels from Display is expected to cross $5 billion in the first quarter of 2021.

According to a new report from market research firm Omdia, Samsung's sales for OLED panels will exceed $5.18 billion in Q1 2021, thanks to an increase in the adaptation of OLED screens.

This marks a 30 per cent increase compared to Q1 last year when the company made $3.9 billion in revenue out of OLED panels and the new rise is backed by the rise in the use of OLED panels in 5G smartphones.

An OLED display comes with improved image quality - better contrast, higher brightness, fuller viewing angle, a wider color range and much faster refresh rates.

In addition, Display's OLED panels are also expected to see a surge in sales due to the Apple iPhone 12 series launch.

Currently, it supplies around 8 per cent of all displays for the 2020 iPhone lineup

Samsung's sales are expected to flourish even more in 2021 as Omdia predicts that around 62.8 per cent of all smartphones will ship with OLED panels this year.



(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, January 05 2021. 12:05 IST