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Mark Peters : April 28th 2017 - 13:28 CET

Samsung Display trend forecast and financial report


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SamsungSamsung Display industry trends and 2017 financial results : Samsung Electronics Korea reports solid financial performance in Display Panel segment for Q1 2017. The Display Panel production and broadcast products sales posted KRW 7.29 trillion in consolidated revenue and KRW 1.30 trillion in operating profit for Q1 2017. For OLED, earnings improved YoY due to higher utilization rates driven by strong demand for OLED displays while also gaining QoQ due to increased shipments of flexible displays and strong demand for rigid OLED panels. For LCD, Samsung maintained solid earnings QoQ by increasing sales of large-size high-resolution panels under favorable supply and demand conditions. An expansion in the portion of value-added LCD products, particularly large-size 4K UHD panels, helped strengthen the financial results for Q1 2017.
Samsung display panel

Samsung Display Panel financial results
Looking forward to Q2 2017, Samsung Electronics plans to actively address the expected continuous rise in demand for OLED panels, including flexible displays. For LCD, demand for large-size and UHD panels is forecast to continue and the company will focus on securing profits through expansion of value-added products, including ultra large-size and curved panels, and by improving yields and reducing costs.

Samsung display trends

Samsung Display trends 2017
For 2017, although YoY revenue growth in the OLED business is forecast on the back of increased flexible panel shipments in the second half, growing competitiveness from LTPS (Low Temperature PolySilicon) LCD panels against OLED in the mid- to low-end segment will present challenges. For the LCD business, under expanding market conditions the company will continue to focus on strengthening profitability and competitiveness through value-added and differentiated products such as frameless and curved TVs.




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