OLED Panel News

Recent industry report about OLED Panel company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ OLED Panel Market industry experts.

OLED Panel News

  • January 2023: At CES 2023, LG Display, a pioneer in display technology, unveiled the third-generation OLED TV panel. The latest OLED TV panel from the manufacturer, based on "META Technology," offers the best possible image quality. The company's most recent OLED displays utilize META Technology to produce pictures that are 60% brighter than those produced by standard OLED productions and with viewing angles that are 30% broader.
  • January 2023: Samsung Display announced it will produce a 77-inch Quantum Dot OLED panel. This company makes Quantum Dot OLED TVs for Samsung Electronics, Sony, and maybe other TV companies eager to adopt the technology.
  • June 2022: LG Electronics introduced the CineBeam Projector and the UltraFine Display OLED in India. The company's two new products claim to provide an exceptional viewing experience with cutting-edge features and an interior-friendly design. LG's WebOS operating system powers the new LG CineBeam HU715Q projector. The 32EP950 UltraFine OLED Pro is a professional-grade monitor with actual 10-bit color, 99 percent DCI-P3 color gamut coverage, and 99 percent Adobe RGB color gamut coverage.
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  • April 2024: Major airports in India, such as those in Delhi, Mumbai, and Bengaluru, trialed full-body scanners to streamline passenger movement. Initially slated for installation at airports with over 10 million annual passengers, the rollout faced delays due to equipment import holdups. Despite this setback, Delhi and Bengaluru airports are leading the charge, with Delhi targeting a complete installation by the FY 2024 second half, while Bengaluru is in the trial phase. These scanners are anticipated to slash passenger screening times by half, potentially reducing the 30-second manual frisking process to 15 seconds.
  • January 2024: Liberty Defense secured a contract to deploy its HEXWAVE security portal at an international airport in the Philippines, marking its debut in the Asia-Pacific airport market. According to the agreement, the screening will be conducted at the terminal's forecourt, screening people as they enter.
  • August 2024: Apple has developed an innovative head-mounted design featuring adjustable sidewall structures. These sidewalls darken when the user views content and revert to transparency when not in use. This head-mounted device boasts adjustable sidewall structures that seamlessly switch between opaque, transparent, and partially transparent modes. The opaque mode prevents ambient light from entering the head-mounted device, ensuring users remain unaware of their surrounding environment. This feature enhances the user's immersive experience. Additionally, the device incorporates front-facing cameras and other sensors to monitor and gather information about its surrounding environment.
  • January 2024: Sony Corporation has introduced its development of an advanced spatial content creation system. This system features an XR head-mounted display, boasting high-performance 4K OLED Microdisplays*2 and a video see-through function. Accompanying the display are controllers designed for intuitive 3D object interaction and accurate pointing. Targeting creators, this system is set to elevate the standards of 3D content creation. Furthermore, Sony is set to partner with diverse developers of 3D production software, spanning both entertainment and industrial design sectors.
  • September 2024: Siemens Limited launched private industrial 5G user equipment, marking a pivotal step for the manufacturing industry's digital transformation. Siemens introduced its inaugural industrial 5G routers, Scalance MUM856-1 and MUM853-1, designed to bolster mobile broadband transmission, facilitate massive machine-type communication, and ensure ultra-reliable low latencies.
  • February 2024: Robustel expanded its 5G router lineup with the R5010 High Speed 5G Router. This router supports both 5G NSA (non-standalone) and 5G SA (standalone) networks, and is compatible with 3GPP Release 16. Measuring just 10cm, the R5010 boasts a compact design, offers multiple power supply options (PoE & USB), and features an Ethernet/USB Modem Mode, making it ideal for enterprises seeking high bandwidth Fixed Wireless Access or mobile internet.
  • August 2024: ABB has inked a deal to acquire the Fodisch Group, known for its advanced measurement and analysis solutions designed for the energy and industrial sectors. This move bolsters ABB's Continuous Emission Monitoring Systems (CEMS) offerings and amplifies its edge in technology and innovation. With this acquisition, ABB is set to expand its portfolio, addressing even its clientele's most stringent measurement challenges.
  • July 2024: Digitization and Verification of Marine Live Emission Data (DIVMALDA) is the title of a groundbreaking research and development initiative spearheaded by a consortium led by SICK AG. In collaboration with its partners, SICK AG has unveiled a pioneering project focused on the automated and verified real-time measurement of ship emissions. The consortium's unified objective is to craft a solution that facilitates the real-time digital collection and official verification of ship emissions data. This innovation promises to establish the data as a trustworthy foundation for various processes, including reporting, monitoring, and emissions trading.
  • February 2024: Samsung Display presented robust foldable panels and introduced Flex Magic Pixel OLED technology, which collaborates with AI-enabled smart devices to enhance security measures. The artwork 'Mr. OLEDboy,' created by the esteemed London-based fashion illustrator Mr. Slowboy, imagines the future shaped by OLED technology.
  • January 2024: Apple announced the introduction of a new midrange iPhone model. According to a report, the forthcoming iPhone SE 4, which represents the fourth generation of the 'Special Edition' iPhone, is anticipated to include an OLED display produced by a Chinese manufacturer.
  • August 2023: Oriental Motor announced the release of the new electric gripper, the EH Series 3-Finger Type. This new 3-Finger Type electric gripper can gently grip irregularly shaped objects, such as spheres, cylinders, and human fingertips. It is equipped with an αSTEP AZ Series Motor, suitable for gripping cylinders, complex shapes, and sphere-shaped objects. It is compact and lightweight and available with an installation cover (gripper arms are not included).
  • July 2023: MOONS' Electric Co. Ltd inaugurated its manufacturing facility in the VSIP Industrial Park in Haiphong, Vietnam's third largest city. This state-of-the-art plant primarily produces stepper motors, wiring harnesses, and other supporting components. The successful commencement of operations at this facility represents a significant milestone in MOONS' endeavor to establish international manufacturing hubs. Such increasing developments are expected to drive the growth of the market.
  • February 2024: 3D Systems, a US-based manufacturer of 3D printers, has unveiled its latest offering: a multi-material 3D printed denture. This innovation is touted as the industry's inaugural solution for multi-material, jetted, and monolithic (one-piece) 3D-printed dentures. The NextDent Jet Denture Teeth from 3D Systems replicate the rigidity and aesthetics of natural teeth, while the NextDent Jet Denture Base is designed to absorb impact and boasts remarkable break resistance, ensuring comfort and flexibility.
  • February 2024: Quantica has teamed up with ImageXpert to deliver an advanced solution for material jetting. The collaboration, inked with ImageXpert—renowned for its robust machine-vision-based measurement systems—centers on several pivotal areas: First, enhancing Quantica’s NovoJet Printhead Technology to process new materials for both 2D and 3D manufacturing. Second, integrating Quantica’s JetPack with ImageXpert’s JetXpert systems. The JetPack is crucial for validating and optimizing new materials with NovoJet printheads, leveraging real-time drop shape, volume, and velocity analysis through the JetXpert Dropwatcher.
  • June 2024: Nikon SLM Solutions AG commenced the production of its NXG XII 600 metal Additive Manufacturing machine in the United States. The expansion of its manufacturing capabilities provides North American customers with a fully ‘American Made’ metal AM machine. The manufacturing unit has the ability to meet the increasing demand for its metal additive manufacturing solutions across key industries, including aerospace, defense, automotive, and energy.
  • June 2024: Ricoh USA Inc. announced the launch of its fully managed on-site 3D printing solution, RICOH All-In 3D Print. Designed to streamline the production of 3D-printed product prototypes and other additive manufacturing uses, this complete XaaS solution for additive manufacturing includes necessary components, such as printing hardware, advanced 3D production software, specialized Ricoh labor, and essential supplies to propel businesses’ manufacturing capabilities forward with the power of rapid prototyping.
  • April 2024: Meltio, a 3D printer manufacturer, and Accufacture, a Michigan-based industrial automation company, introduced the Alchemist 1, a new large-scale robotic DED 3D printing work cell made in the United States. Powered by Meltio’s laser metal deposition (LMD) 3D printing technology, Alchemist 1 is optimized for producing large-scale, fully dense metal parts. The robotic additive manufacturing work cell is also designed to be easily integrated into existing production lines.
  • April 2024: Kyocera AVX unveiled its latest offerings: the SNA Series and SNL Series of snap-in aluminum electrolytic capacitors. Both the SNA and SNL Series promise high reliability, high voltage, and impressive CV performance, ensuring longevity. Furthermore, these series are lead-free compatible and RoHS compliant and have a temperature rating from -25°C to +105°C. This makes them perfect for various commercial and industrial applications, such as frequency converters, solar inverters, power inverters, energy storage systems, and power supplies.
  • February 2024: Panasonic Industry Co. Ltd started the commercial production of its ZL series conductive polymer hybrid aluminum electrolytic capacitors. Notably, this series has the industry's pioneering high-capacitance models, confidently operating at a temperature of 135°C. Tailored for electronic control units (ECUs) in electric vehicles (commonly termed xEVs, encompassing all EV subtypes), these capacitors were expected to enter mass production in February 2024.
  • July 2024: Mettler Toledo introduced its latest offerings: the XPR Essential Analytical Balances and Microbalances. The XPR Essential Analytical Balances are engineered to provide swift and precise results. Their advanced load cell technology and innovative hanging weighing pan design ensure accurate measurements of small samples, effectively minimizing waste and optimizing costs. In tandem with these launches, Mettler Toledo is enhancing its XPR Analytical and Automatic Balance portfolio with notable upgrades.
  • April 2024: Sartorius introduced its latest innovation: the Quintix Pro laboratory balance. This cutting-edge device redefines standard laboratory weighing. Tailored for the dynamic needs of contemporary labs, the Quintix Pro stands out in usability, flexibility, and sustainability. Leveraging advanced engineering and top-tier features, it promises an unparalleled user experience. Its 7-inch, high-resolution, full-touch graphic display simplifies menu navigation and boosts productivity. Additionally, the series boasts an automated motorized leveling system, streamlining daily tasks and ensuring precise results every time.

OLED Panel Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)