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Company News >> Taiwan panel makers mourn: lack of funds for layout OLED panels 26th,Nov,2018

According to a report by the Nikkei News on August 24, Taiwanese panel maker Innolux said on Wednesday that due to the lack of financial support from the Taiwanese government, it is difficult for local companies to compete with Chinese and Korean panel makers for advanced display technology.

Wang Zhichao, chairman and CEO of Innolux, said that advanced technology refers to the ability to produce OLED screens, which will be used on iPhones next year. "Our competitors in the mainland have invested in the R&D and production of OLED panels. Because of the strong financial support of the government, they can bear the risk of failure. However, Taiwan panel makers have no way to take this risk. Without the support of the government, we Can't afford such a big loss." Wang Zhichao told reporters at the Display Technology Expo in Taipei.

Taiwan panel makers mourn: lack of funds for layout OLED panels

At present, Samsung almost dominates the rivers and lakes, controlling 95% of the global AMOLED screen market, and panel manufacturers in Taiwan, Japan and the mainland are struggling to catch up. Panel makers in Taiwan have said that the industry lacks the support of local governments.

The reporter learned from Samsung that although the Korean technology giant has been using and supplying OLED panels for smartphones since 2010, Apple has chosen to use new panel technologies starting next year. Apple's choice is the key reason why Asian panel makers are crazy to add OLEDs. Some Chinese smartphone makers such as Xiaomi have already started using OLEDs as mobile phone panels this year.

Compared to the LTPS (low temperature polysilicon) panel that the iPhone used in the past, OLEDs provide clearer color contrast and, more importantly, OLEDs are flexible, and the curved screens used by Samsung's latest flagship Galaxy S7 and Galaxy Note 7.

Earlier this month, Taiwanese officials said they were considering setting up a panel-wide alliance of panelists to enable local companies to focus their resources on developing OLED technology. But this requires a lot of money, and no specific details have been disclosed.

At the same time, the industry is also speculating that after Foxconn's acquisition of Sharp, the group's creation of Foxconn's affiliates will join forces with Sharp to jointly develop OLEDs. When Foxconn acquired Sharp, it promised to use 200 billion yen for technology development investment and mass production equipment investment for OLED industrialization.

Wang Zhichao said that Innolux is currently open and has any possibility. According to Geoffrey Young, vice president of Innolux, Innolux will be able to supply OLED displays for wearable devices on a small scale starting next year. The supply of automotive OLED screens will not be earlier than 2020.