LG shows: It will mass-produce automotive OLED screen panels over 30 inches globally for the first time by the end of this year

According to news on August 21, The Elec reported that LG Display’s executive vice president Ki-Hwan Sohn announced at the K-Display Business Forum that they are cooperating with nine vehicle brands to develop automotive OLED technology. These brands include Mercedes-Benz and Cadillac, which are already using automotive OLEDs, and Genesis, which plans to start using them by the end of this year. In addition, he also said that LG Display has been producing smaller than 20-inch Automotive OLED screens, but by the end of this year, for the first time, global production of automotive OLED screens over 30 inches will begin

Global vehicles in 2026 In the display panel market, LG Display is expected to occupy more than 60% of OLED share and more than 40% of low-temperature polysilicon (LTPS) LCD share. Based on sales, LG Display’s share of the global automotive display market (excluding low-end amorphous silicon (a-Si) LCD) will exceed 50% by 2026

According to the latest release from market research agency Omdia The 2022 automotive OLED screen market report and this year's market forecast data show that the market share distribution of automotive OLED screens in 2022 is as follows:

LG Display: 50% Rewritten content: LG Display: 50% South Korea LG Display: 50%
Samsung: 42.7%
BOE: an increase of 7.3%
According to data, the automotive OLED screen market is still dominated by South Korea's Samsung and LG, but China's BOE has begun to emerge and gradually exert its influence in the market. We believe that BOE will have a greater say in the future

According to Omdia’s report, automotive OLED screens were initially mass-produced by LG in 2019. Two years later, LG’s market share soared to 91.3%, while Samsung’s market share was 8.7%

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