OLED Captured 40% Share of Q2 Advanced TV Market: DSCC

OLED TVs’ share of advanced TV shipments soared to 40% globally in Q2, from 25% in the year-earlier quarter, reported Display Supply Chain Consultants Monday. DSCC defines advanced sets as including all OLED TVs, plus LCD TVs with premium technology features such as 8K or quantum dots. It attributed the surge to additional OLED TV panel capacity at LG Display’s Guangzhou, China, fab, plus rising LCD TV panel prices that helped OLED TV regain share competitively in the premium TV category after declining in 2018-2020. DSCC estimates OLED TV shipments increased 169% year over year in Q2, while advanced LCD TV shipments jumped only 36%.