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Business

South Korean panel makers face dilemma amid market shift to OLED

Samsung opted for rival technology, while LG has little presence in smartphone screens

SEOUL -- South Korea's two panel makers are expected to post record high earnings in the second quarter thanks to a super cycle in the display market, but that does not mean they have no concerns. Samsung Display and LG Display are experiencing both benefits and problems as the core material of panels shifts from liquid crystal displays to organic light-emitting diodes.

Samsung Display, a unit of Samsung Electronics, has a dominant presence in the market for small OLED panels used in smartphones and tablets. But despite the fact that it pulled out of big OLED displays in 2015 due to low profitability, betting on quantum dot light-emitting diodes for premium TVs, key manufacturers have opted instead for rival technology OLED for large screens.

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