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OLED Shipments Explosion
In its latest Quarterly OLED Shipments and Forecast Report, DisplaySearch reported that worldwide OLED revenues shattered its previous record, reaching $252 million in revenue for Q3'09, up 31% Q/Q.
In addition, Q3'09 Organic LED shipments were 21.7 million, up 19% Q/Q.
In spite of global economic crisis, shipments of OLED (organic light emitting diode) displays have set a new record in the second quarter of 2009.
Even though OLED-based TV-sets are not even mass produced today, they are likely to become the second largest application for the technology by 2016, claims DisplaySearch market tracking firm.
Still, it does not seem that OLED will replace LCD (liquid crystal display) panels any time soon.
According to DisplaySearch, active matrix organic LED shipments grew due to strong mobile phone main display shipments. This is due to promotion of AMOLED mobile phones by Samsung Electronics, Nokia and Sony Ericsson in the first half of 2009. More than 15 mobile phone models with AMOLED main displays were released in 2009.
With technology improvements, DisplaySearch forecasts AMOLED will enter more medium and large-size applications in several years.
Notebooks are an attractive area starting in mid 2010, with netbooks expected to be in production by end of 2010. 20-29" OLED TVs will enter market by the end of 2010, with 30" and larger TVs forecast to enter the market in late 2011.
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