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More than 20 million OLED TVs shipped – Technology becomes standard for premium sets

21. July 2022 TVs with OLED displays will account for about 40 percent of all premium sets sold this year, Pulsenews Korea reports. This makes the technology a standard for home flat-panel displays, reaching more than 20 million units shipped. The inventor of OLED displays, LG Electronics, is responsible for more than 60 percent of the shipments. According to market trackers Omnia in mid-May, a total of 20 million units have been sold since the introduction of OLEDs in 2013 through the end of March 2021. The speed at which OLED displays have conquered the market is remarkable. While the number of units shipped was still 10 million in September 2020, this figure has doubled in less than two years. Most electronic products and components must be awarded a KC certificate in order for the products to be exported to China or manufactured locally.     Among manufacturers, LG Display dominates the OLED TV market and is capable of producing up to 7.42 million units annually. This increase only became possible with this year’s startup of a new factory in Guangzhou, China. Previously, the plant in Paju, South Korea, shipped about 4 million units annually. Rival Samsung Display, which makes OLEDs using its own QD (Quantum Dot) technology, is estimated to ship more than 10 million units this year. Pulsenews reports 21 manufacturers worldwide in the market for OLED displays or TV sets and therefore assumes a further spread of this technology. KC certification for electronic products is a complex project that requires professional supervision at all stages. Feel free to contact us any time if you need assistance or have any questions regarding Korean certifications like KC, KC EMC, KCs, KCs for explosion safety products or KGS factory registration. Tel. Europe: +49-69-271 37 69 261 Tel. US: +1 773 654-2673 Email: Urgent questions? Please do not hesitate to contact us via chat. You will find the chat window at the bottom right of each page (if this is not visible, please check your browser settings). For more information you can download our free brochure “Korea Certification Made Easy – The Booklet“.

MPR Author

About the author: Julian Busch is founder and managing director of MPR International GmbH
Publisher: MPR International GmbH

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