Before the commercialization of Micro LED displays, Mini LED and flexible OLED displays have been the focuses of the industry. Korean firms like Samsung and LG are strong players in the field but China’s BOE is rising and overtaking LG in the small and medium-sized flexible OLED business, reported Business Korea. (Image: LG) The report of Business Korea cited Zhang Yu, Vice President of BOE that the company aims to supply 50 million flexible display panels for smartphones in 2019 and will continue its investment plan in the flexible OLE...

Samsung Electronics announced its financial results for the fourth quarter and the fiscal year of 2018. The revenue and profit of 4Q18 declined due to global market uncertainty but Samsung still reached its annual goal in fiscal 2018. For 4Q18, Samsung posted a KRW 59.27 trillion (US$ 53.22 billion) quarterly revenue, which decreased by 10 percent YoY. The quarterly operating profit was KRW 10.8 trillion (US$9.7 billion), with an on-year decline of 29 percent. The yearly revenue for fiscal 2018 was KRW 243.77 trillion (US$ 218.9 billion) and operating profit cam...

Flexible and foldable panels have created a sensation since Royole and Samsung introduced their foldable phones by the end of 2018. Soon after that, LG revealed a stunning rollable TV at CES 2019. Flexible OLED displays are getting more attentions with products launched in the market in 2019. Samsung is expected to launch its folding smartphone in February 20 while its rival LG is also set to reveal a foldable smartphone soon. Meanwhile, Chinese smartphone makers including Oppo, Xiaomi and Huawei have all announced their plans of releasing folding phones in this y...