Samsung Display will expand its QDOLED production capacity by 30 per cent before the end of 2022.

The company will reduce “the takt time”, which is the time it takes to make a product, without spending on additional equipment.

Samsung has current output of 30,000 Gen 8.5 (2200x2500mm) substrates per month, and plans to be closer to 40,000 before the end of 2020. The company’s yield rate has risen by 85 per cent recently, which will help efficiency further.

The company will manufacture 77-inch and 49-inch QD-OLED panels with the added capacity.

Choi Joo-sun, president and CEO of Samsung Display, said this week, during a keynote speech in Busan, that he expects the self-luminous display market to grow rapidly, reaching US$100 billion by 2030.

To this end, Samsung will be increasing its investments in production lines of eighth-generation OLEDs for IT devices, and plans to invest in the micro-display market.

Choi says its QD-OLED displays, which consume less power and boast clearer picture quality, will be the game changer in the market.

“Following the pandemic, the diversification of IT devices is accelerating as people’s lifestyles are changing and consumer demand is evolving, with the spread of working from home and growing familiarity with virtual platforms. I expect the self-luminous display market will grow rapidly to $100 billion by 2030,” Choi said.

“When we look at recent changes in the market where IT devices are getting diversified, connectivity between devices, uninterrupted user experience and better image quality are becoming more important.

“This new trend is accelerating the era of self-luminous displays. I expect the self-luminous display market, which is estimated to be at US$40 billion to US$45 billion in 2022, to grow rapidly to US$100 billion by 2030.”