| LGE Takes Top Position in 2Q'06 OLED Panel Shipments LG Electronics leaped to the top in worldwide OLED panel shipments for a short term after falling into third place in the first quarter of 2006. Displaybank (CEO Peter Kwon), a display market research institute, said that LG Electronics shipped a total of 4.5 million OLED panels in the second quarter of 2006, while Samsung Electronics, which maintained the lead in shipments, posted roughly 4 million units, followed by Taiwan's RiTdisplay with 3.7 million units, Univision with 2.2 million units, and Japan's Pioneer with 1.8 million units. Korean OLED manufacturers, which were caught by Taiwanese firms last year, have been widening the gap with Taiwan again, buoyed by LG Electronics' rapid growth. Korean vendors' shipments amounted to almost 9 million units in the second quarter of 2006, while Taiwan's results were less than 7 million units. LG Electronics recorded 1.55 million units in April, 1.45 million units in May, and 1.5 million units in June 2006, adding up to the second-quarter shipments of 4.5 million units. These are the only figures registered by Samsung SDI and Taiwan's RiTdisplay in the third and fourth quarter of last year, and are equivalent to LG Electronics' combined shipments for the full year of 2005. LG Electronics is expected to achieve shipments of more than 1.8 million units on the back of the seasonal pickup in demand this summer, while fighting for the first and second place in overall shipments for 2006. The OLED panel maker is considering a transfer of the OLED business to LG.Philips LCD and LG.Philips LCD is also making preparations for mass production of AMOLED panels. These moves are predicted to bring the biggest results and news to the OLED industry this year. |
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