TCL who are already carving up the global TV market this year and is one of the few to deliver growth, is set to move into the OLED market next year with a new generation of inkjet printer RGB OLED TVs.

This year Samsung Sony and LG TV sales have fallen while TCL the biggest manufacturer of TVs in the world has grown share over 16% with the Company now looking to compete with their South Korean rivals in the small display OLED market as well as the larger OLED TV market.

The push into OLED TV panels follows the building of an advanced T8 line in Guangzhou, China.

The T8 8.5G production line, is primarily intended for 55, 65, and 75″ OLED panels.

The Company is also working on 42″ and 98″ OLED TVs, as well as OLED monitor panels using inkjet-printing, as opposed to deposition with insiders claiming that this will result in more efficient and lower-cost production.

Some observers claim that the cost of a 75″ TCL OLED panel could be up to a third cheaper than current LG Electronics OLED panels.

In 2016, TCL CSOT announced plans to invest $6.9 billion at the time to build the world’s most advanced LCD production line and later a line for OLED TV panels.

Last year, TCL CSOT initiated the production of OLED panels for mobile devices at its T4 line in Wuhan, China.

The company aims to eventually produce 80 million mobile OLED panels per year.

TCL also plans to introduce a third panel type, RGB OLED, to compete with LG Display’s WOLED and Samsung Display’s QD-OLED.

RGB OLED employs three sub-pixels in red (R), green (G), and blue (B) to create an image.

The company expects an IJP RGB OLED TV to deliver 300 nits average and 2000 nits’ peak brightness, making them suitable for bright living rooms.

It should reach over 90% coverage of the Rec.2020 colour space and deliver improved energy efficiency. However, production costs, at least initially, are expected to be high.