Samsung Electronics is going to use materials that were verified from Galaxy S7 for OLED Display of new Galaxy Note. Due to this plan, Samsung SDI, The Dow Chemical Company, and Idemitsu Kosan that had supplied materials for Galaxy S7 will benefit once more.
According to an industry on the 21st, Samsung Electronics has chosen Samsung SDI, The Dow Chemical Company, and Idemitsu Kosan as suppliers of OLED materials for new Galaxy Note that will be released in this August.
Samsung SDI will provide phosphorescence green host while The Dow Chemical Company and Idemitsu Kosan will provide red and blue materials respectively.
Although definite amount of supply is not confirmed yet, it is expected that these 3 companies will hold sole right of supplying OLED materials if OLED display’s characteristic of not giving almost any changes after composition is decided is considered.
These 3 companies also had supplied their materials for Galaxy S7 that was released in March. “These 3 companies will have huge performance this year since they are chosen as suppliers of OLED materials for Samsung Electronics throughout this year.” said a representative for this industry.
Actually performance of suppliers of OLED materials is hugely affected by Samsung Electronics because Samsung Electronics is world’s biggest Smartphone manufacturer and is the one that is most actively purchasing OLED displays.
As Samsung SDI developed its own phosphorescence green host in 2014 and was chosen as a supplier for Galaxy S6 in 2015, it has risen to number 5 in ranking for global luminous material industry. On the other hand, suppliers that failed to supply to Samsung Electronics had gone through slumps.
As OLED is showing a growth, markets for related materials are also expanding fast.
According to a market research company called Ubi Resaerch, market for global OLED luminous materials in this year is going to be worth $677 million (770 billion KRW), which is 16% increase from last year. Starting from this year, it is going to grow at a high rate of 46% annually until 2021. “Smartphones with OLEDs and OLED panels with large areas will lead growth of this market.” said Ubi Research.
New Galaxy Notes will be mass-produced starting from next month and it is heard that 5 million copies will be produced by August as an initial supply. Dual-Edge display will be used for this new Galaxy Note which will be the first out of all Galaxy Note Series.
Staff Reporter Yun, Keonil | email@example.com & Staff Reporter Lee, Jongjoon | firstname.lastname@example.org