Samsung Display is a leading supplier of display panels for a wide variety of devices, including but not limited to smartphones, tablets, monitors, TVs, automobiles, and more. It supplies these panels to Samsung Electronics and other companies that then make consumer products.
The company is facing stiff competition in some areas, primarily from Chinese display manufacturers, but there are some advanced panel technologies, such as QD-OLED, where it still has the upper hand. It's aiming to capitalize on this lead fully, and is planning to increase QD-OLED monitor shipments in particular by 50% this year.
Samsung holds the dominant share in the QD-OLED monitor market
Samsung's display making affiliate has said that it has plans to increase its shipments of QD-OLED monitor panels to 1.43 million units in 2025. This would represent a 50% increase over the previous year. One of the ways it's going to achieve this aim is by announcing new display panel products.
We've already seen the company move forward on this with the announcement of a 27-inch 4K panel that provides the highest pixel density at 160PPI of OLED panels in this size. One of the other products it's due to start mass producing soon in a 27-inch QHD panel with a refresh rate of 500Hz.
Samsung Display still holds a dominant position in the global OLED monitor panel market. According to market research firm Omdia, Samsung's share of the market sits at 71.2%, largely accounted for by its QD-OLED panels.
OLED monitor panel ships have seen a consistent rise, from just 8,300 units in 2021 to over 820,000 units in 2023. This represents an impressive CAGR of 300%, highlighting the immense opportunity that exists in this market. No wonder, then, that Samsung Display is fully committed to extracting as much value as it can from this opportunity.
