Samsung announced that it has shipped more than 1 million QD-OLED panels that power the latest monitors.
Samsung Fuels the QD-OLED Era with Its High-End Panels, Ships Over 1 Million Units
Press release: Samsung Display today revealed that it has shipped 1 million units of its high-end QD-OLED display panels for monitors. This milestone comes two and a half years after the launch of its QD-OLED technology, which accelerates the transition of the monitor market from LCD to OLED, thanks to its superior image quality.
Samsung Display’s QD-OLED is an innovative self-illuminating technology that uses blue OLED light filtered through a Quantum Dot (QD) layer to produce color. This technology is ideal for large devices due to its fast response time, high color accuracy, virtually infinite contrast ratio, and wide viewing angles.
The company launched production of QD-OLED monitor panels in 2022 in response to the growing demand for monitors with high refresh rates and fast response times, especially in the gaming industry. In doing so, Samsung Display has spearheaded the development of the self-illuminating monitor market.
Currently, the company’s QD-OLED lineup consists of 27-, 31.5-, 34-, and 49-inch displays and offers a variety of premium specifications, including the industry’s highest 4K resolution in OLED monitors and a 360Hz refresh rate. .
Samsung Display has partnered with 10 global monitor brands to launch more than 90 QD-OLED monitors to date. Many of these are gaming-specific monitors, which have been particularly well received by gamers looking for high immersion and responsiveness.
Samsung Display plans to expand the market beyond gaming monitors to include professional monitors for multimedia and entertainment production. Recently, the company unveiled cutting-edge reference monitors for video editing, reaffirming its reputation for delivering top-notch image quality in monitor technology.
QD-OLED products have received positive reception in the market, fueling the industry’s high expectations for the self-illuminating monitor market. Market research firm OMDIA predicts that the self-illuminating monitor panel market is expected to grow at a CAGR of 12.3% through 2029, reaching $1.03 billion (KRW 1.4 trillion) . This would represent 10% of the entire monitor panel market. Samsung Display currently ranks first in the self-illuminating monitor panel market, with a share of 79.7% in Q4 2023.
