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3. Display Companies - Samsung Electronics Co., Ltd. (South Korea), BOE Technology Group Co., Ltd. (China) are the Leading Manufacturers

The display market is expected to reach USD 173.7 billion by 2029 from USD 135.2 billion in 2024, at a CAGR of 5.1 % during the 2024-2029 period.

The major players in display market include SAMSUNG DISPLAY (Republic of Korea), LG DISPLAY CO., LTD., (South Korea), Sharp Corporation (Japan), BOE Technology Group Co., Ltd. (China), Innolux Corporation (Taiwan), AUO Corporation (Taiwan), Sony Group Corporation (Japan), Qisda Corporation (Taiwan), TCL China Star Optoelectronics Technology Co., Ltd. (China), LEYARD (China), E INK HOLDINGS INC., (Taiwan), Tianma Microelectronics Co., Ltd. (China), Universal Display (US), TRULY INTERNATIONAL HOLDINGS LIMITED (Netherlands), Panasonic Holdings Corporation (Japan), HannStar (Taiwan), eMagin (US), Kopin Corporation (US), NORITAKE ITRON CORP. (Japan), Japan Display Inc. (Japan), JOLED Inc. (Japan), Elux, Inc. (US), Visionox Company (China), Winstar Display Co., Ltd. (Taiwan), and WiseChip Semiconductor Inc. (Taiwan),

To know about the assumptions considered for the study download the pdf brochure

Major Display companies include:

• SAMSUNG DISPLAY (Republic of Korea)
• LG Display Co., Ltd., (South Korea)
• Sharp Corporation (Japan)
• BOE Technology Group Co., Ltd. (China)
• Innolux Corporation (Taiwan)
• AUO Corporation (Taiwan)
• Sony Group Corporation (Japan)
• Qisda Corporation (Taiwan)
• TCL China Star Optoelectronics Technology Co., Ltd. (China)
• LEYARD (China)
• E INK HOLDINGS INC., (Taiwan)
• Tianma Microelectronics Co., Ltd. (China)
• Universal Display (US)
• TRULY INTERNATIONAL HOLDINGS LIMITED (Netherlands)
• Panasonic Holdings Corporation (Japan)
• HannStar (Taiwan)
• eMagin (US)
• Kopin Corporation (US)
• NORITAKE ITRON CORP. (Japan)
• Japan Display Inc. (Japan)
• JOLED Inc. (Japan)
• Elux, Inc. (US)
• Visionox Company (China)
• Winstar Display Co., Ltd. (Taiwan)
• WiseChip Semiconductor Inc. (Taiwan)

SAMSUNG DISPLAY

SAMSUNG DISPLAY, a subsidiary of Samsung, is one of the world’s leading producers of advanced displays for televisions, monitors, smartphones, PCs and notebooks. SAMSUNG DISPLAY is always ahead as a key player in the display industry that keeps innovating.

Since integrating LCD technologies in 2012, SAMSUNG DISPLAY has had great success by producing high-quality display solutions for smartphones, laptops, monitors, and TVs. It is globally recognized because it mass produces OLED and foldable screens that set new benchmarks in display technology. At the present time the QD-OLED project from SAMSUNG DISPLAY is changing the large format displays market. When offering customized solutions with high resolution and excellent capture of beauty it should be noted that they keep their designs sleek and stylish. It brings more value to customers’ money due to several design improvements, higher refresh rates and low power consumption by SAMSUNG DISPLAY. These displays are optimized for 5G network usage and blue light reduction technology for eye comfort.

SAMSUNG DISPLAY is determined to fulfill its mission as a major participant in the display industry through modern technologies, groundbreaking products and trusty customer support on which it relies heavily upon.

There are four divisions through which the company operates: DX, DS, SDC, and Harman. The DX (Device Experience) division consists of business units that are focused on digital TVs, refrigerators, smartphones and communications systems. The other division known as DS (Device Solutions) deals with memory solutions, foundry business operations and Large-Scale Integration (LSI) system solutions. The products that display panel products are produced in SDC. Connected car systems, audio and visual products, enterprise automation solutions as well as connected services are all under Harman division.

BOE Technology Group Co., Ltd.

BOE Technology Group Co., Ltd. (BOE) is concerned with the research, production and sales of advanced display products and solutions. Starting from 1993, BOE has become a global provider of display technology, spanning through different products and services among several industries such as consumer electronics, mobile devices, automotive as well as healthcare. This company has five business segments: Display Business, IoT Innovation Business, Sensor Business, MLED Business and Smart Engineering Medicine. The display business offers end-to-end design & manufacturing services for devices specializing in TFT-LCDs, AMOLEDs, Microdisplays and many other types. Priority is given to providing high-quality display solutions for smartphones, tablet PCs, laptops, monitors, TVs etc.; vehicles; VR/AR equipment etc., while the Sensor business includes medical imaging technology; bioassay; smart windows’ technology; microwave communication systems; fingerprint recognition features. MLED stands for Advanced Semiconductor and Packaging Technologies – it focuses on LED Systems Solutions at BOE.

IoT Innovation Business offers smart finance, smart park, smart retail, smart mobility and visual arts solutions while Smart Medical Engineering Business has mobile healthcare IoT platforms and smart healthcare services.

By 2021, the company had filed more than seventy thousand global patent applications with over ninety percent being patents for inventions. According to a 2021 U.S. Patent Grant Statistics report by IFI CLAIMS Patent Services, BOE has moved up two places to global rank of 11 and remained among the world’s top twenty companies for four consecutive years. It is operational in various manufacturing facilities throughout China in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Suzhou, Ordosand Gu’an. BOE now has subsidiaries located in over 20 countries and regions around the globe such as USA, Germany, UK France Switzerland Japan South Korea Singapore India Russia Brazil and UAE. Europe major continents like Europe, the Americas, Asia, and Africa are all covered by BOE Technology Group Co., Ltd.’s extensive service network.

LG Display Co. Ltd.

LG Display Co. Ltd. A subsidiary of LG Electronics is one of the leading players in the creation of various types of display solutions for different uses including LCD and LED TV, monitors, notebooks, mobile phones, tablets, smart watches and many more. Divided into strategic business units such as Mobile and others, IT Products and Televisions, it operates in multiple sectors.

The IT products segment that USES display panels include notebook computers, with size of the panel between 12. 3 to 18, desktop monitors between 15. 6 to 49 inches and tablet with the panel size of 7. 85 up to 13 inches.

LG Display Co., Ltd., started in 1987, has been a key player in the development of TFT-LCD and has grown up to be the world’s leading innovator with OLED and IPS technologies. Furthermore, the company does not only supply products but also offers solutions and services that revolve around the improvement of users’ experiences. These include the current technological innovations such as touch screens, 3D displays, and curved screens.

Specifically, LG Display Co., Ltd. has earlier this year introduced the 3rd generation OLED TV panel based on META technology. This pioneering concept adds a microlens array to enhance the light output of OLED panels as well as META Booster – the algorithm that increases brightness, the highlight of the display manufacturer’s continuous quest for innovation.

The company has 8 manufacturing plants, 8 sales offices and 9 branches worldwide.

AUO Corporation

AUO Corporation is a global company that specializes in optoelectronics manufacturing and trading, and it provides a Multi-application Solutions Division that spans from multiple display applications integrating smart solutions combine both software and hardware. Its operation mainly covers the display panel business for information displays. AUO provides comprehensive business solutions across five core domains: display, system solutions, industrial intelligence, healthcare, and energy. Its product offering includes TFT-LCD modules, LTPS modules, AMOLED displays, touch solutions and solar modules for an array of applications.

AUO Corporation majorly specializes in research and development, and manufacturing of display panels; AUO Corporation provides vertical solutions which include integration of basic display technologies with Artificial Intelligence of Things (AloT). Through the integration of AUO software, hardware, cloud services, as well as AUO platforms the company provides comprehensive services approach adjusted to such crucial market segments as: retail, education, business, healthcare, mobility, manufacturing, energy & more.

AUO Corporation was established in 1996, and the company’s headquarters is in Taiwan. AUO Corporation has subsidiaries in Asia, USA, and Europe, and employees ~38, 000 professionals all over the world. The International offices of the company are present in Taiwan, China, Japan Korea Singapore USA & Europe. AUO Corporation became the first global display manufacturer to become a member of RE100 in 2022 by publicly declaring to continually reduce its reliance on non-renewable power sources and achieve the goal of sourcing 100% renewable electricity by the year 2050.

Innolux Corporation

Focusing on developing innovative and high-quality various application displays, Innolux Corporation is a manufacturer of display panels and is a company listed in Taiwan Stock Exchange Market. Leveraging in Advanced display integration solutions, Innolux Corporation products include AM mini led, AM micro-led, LTPS, touch solutions, as well as 8k4k ultra high definition. They have been developed to be used in different applications such as television panels, computer monitors, small and medium sized panels for use in various industries including medical and automobile industries.

Innolux Corporation is a leading display manufacturer company with three touch sensor fabrication plants and fourteen TFT-LCD fabrication plants operating in Tainan and Jhunan, Taiwan.

These production lines are located within various facilities and stretch through all generations, including G3. 5, G4, G4. 5, G5, G6, G7. 5, G8. 5, and G8. 6, it will be possible for the company to effectively satisfy the demands of various clients within the market. The main products that are being sold by the firm include touch modules, LCD and TFT-LCD if the abbreviation. It offers a complete display solutions involving touch sensor panel together with XLV, MV, SV and UV LCD’s.

Innolux Corporation headquarters is in Miaoli City Taiwan; The company also operates manufacturing Plants in Jhunan, Tainan, Shanghai Ningbo and Foshan Cities China. The business operates with 45,645 people in every location, at the end of the third quarter in 2023 There was its merger with TPO Displays and Chi Mei Optoelectronics to become Chimei Innolux Corporation in the year 2010. It was renamed as Innolux Corporation in 2012. Since its establishment, this firm gained an important place in the electronics industry through its development of premium TFT-LCD panels and has since expanded its business portfolio into other sectors such as the production of touchscreen panels for tablet computers and the provision of service solutions for manufacturers.

Related Reports:

Display Market by Display Technology, Resolution, Panel Size (Micro Display, Small and Medium-sized Panels, Large Panels), Panel Type (Fixed Panel, Flexible Panel), Dimension (2D, 3D), Product, Vertical and Region - Global Forecast to 2029

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