Key Points:
- Samsung Display initiated constructing its 8.6-generation OLED production line, A6, at its Asan facilities—the A6 line, converted from the existing L8 line.
- Upon completion, the A6 line will become the world’s highest-generation OLED line, marking a significant milestone for the company.
- The company’s investment of 4.1 trillion won in the IT OLED field by 2026 aims to meet the increasing demand for high-quality displays in IT devices.
- The global IT OLED market is projected to grow from $2.5 billion in revenue in 2024 to $8.9 billion in 2029, with an annual growth rate of 28.6%.
Samsung Display has officially commenced the construction of its advanced 8.6-generation organic light-emitting diode (OLED) production line as part of a strategic move to fortify its dominant position in the global flat-screen market. The new production line, A6, will be established by transforming the existing L8 line at the company’s facilities in the central region of Asan.
This development marks a significant step for Samsung Display, which will, upon completion, become the world’s highest-generation OLED line. The company, a key player in the display industry, intends to manufacture OLED panels for smartphones and various IT devices. The A6 line will be the sixth addition to Samsung Display’s OLED production facilities.
Major equipment installation is slated for this year, with full-scale mass production expected to commence in 2026. The company’s decision to invest in this cutting-edge technology aligns with its commitment to innovation and meeting the growing demand for high-quality displays in IT devices.
Last April, Samsung Display announced a substantial investment of 4.1 trillion won ($3.1 billion) dedicated to the IT OLED field by 2026. This investment aims to establish a production line capable of manufacturing 10 million laptop panels annually, addressing the increasing need for OLED displays in the IT sector.
Market research firm Omnia projects a remarkable growth trajectory for the global IT OLED market, anticipating a surge in revenue from $2.5 billion in 2024 to $8.9 billion in 2029. This period’s estimated annual growth rate is an impressive 28.6%, highlighting the expanding market for OLED technology in IT devices.
Samsung Display’s strategic move to venture into the 8.6-generation OLED production underscores its commitment to staying at the forefront of display technology. The company aims to capture a significant share of the rapidly growing market by diversifying its OLED offerings, including IT devices beyond smartphones.
