The combination of US tariff policies and rising LCD TV panel prices has driven increased demand for monitor panels, including from second-tier buyers. This heightened procurement activity has stabilized LCD monitor panel prices in January, with moderate increases anticipated for February.
Canada-based microLED startup VueReal has secured a US$40.5 million Series C funding round to expand its production capacity, strengthen its ecosystem, and scale up the manufacturing of its microLED and micro semiconductor solutions. The funding will enable its partners to accelerate the commercial adoption of microLED technology.
According to the latest Samsung Display financial results for 2024, the panel provider registered sales of KRW29.2 trillion (US$19.99 billion), marking only the second time since 2016 that its revenue dipped below KRW30 trillion, reflecting intensifying competition from Chinese manufacturers and declining demand for panels from both smartphones and IT products.
Following a double-digit increase in glass prices, Corning expects to maintain a 25% net profit margin for its Display Technologies business group in 2025.
China has been reported frequently to illegally acquire technology from South Korea in the field of artificial intelligence (AI) semiconductors and displays in the past few years. Moreover, with the advancement of South Korea's neural processing units (NPU), Chinese semiconductor firms have been actively recruiting engineers from South Korean companies or attempting to steal core technologies.
LG Electronics' Indian subsidiary experienced a revenue surge of almost 10% in 2024. The company remains on course with its plans to launch an IPO in India, aiming to take advantage of the market's expansion.
The smartphone panel experienced diverging trends across technologies. LCD panel prices declined by 10% over the year, rigid AMOLED panel prices rose by 10%, and flexible AMOLED panels saw a 5% drop. As of January 2025, pricing across technologies remain flat.
Zhu-Xiang Yang, general manager of Innolux, a major panel manufacturer in Taiwan, wrote a year-end reflection poem about the challenges and outlook for the panel industry:
Sanan Optoelectronics has secured a critical role in Samsung Display's microLED smartwatch supply chain, according to industry insiders, marking another milestone in its consistent progress with microLED technology.
Glass technology leader Corning and Samsung Electronics have announced a collaboration to introduce Gorilla Armor 2 on the Galaxy S25 Ultra. This innovation marks the industry's first scratch-resistant, anti-glare ceramic glass material designed for mobile devices.
As the global display market rapidly shifts towards OLED technology, South Korea's two major panel manufacturers, Samsung Display (SDC) and LG Display (LGD), are accelerating their efforts to enhance technological capabilities and expand their market presence.
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