OLED technology is about to undergo a major expansion in a short time. And China, which has the world’s largest LCD panel manufacturers, Close to entering the OLED panel market. Many Asian media outlets are already predicting this fact, especially after seeing the numerous prototypes that companies such as TCL or BOE have shown to the public in recent years.

Until now, companies like LG or Samsung have dominated the OLED panel market in televisions. Although the balance has become a little more balanced with Samsung’s entry into QD-OLED technology, now it is the turn of Chinese manufacturers. Everything indicates that this event will happen soonSo South Korea is about to find a very strong opponent.

China is getting closer to entering the OLED TV market

In the case of TCL, the company has already introduced a 65-inch OLED panel model with a foldable organic matrix and 8K resolution, in addition to inkjet printing technology for the production of its panel. This was just an indication of what China is preparing to jump into this sector.

BOE also has an illustrious career in OLED panel production, as it is the manufacturer that provides panels with this technology to Apple. However, like TCL and other Chinese manufacturers, this company also Wants to transition to global production of OLED panel televisionsFor now, it was an industry belonging only to LG and Samsung.

TCL prototype of 65-inch 8K OLED TV

In fact, with a short-term strategy, it is possible that the first OLED televisions of Chinese companies will arrive earlier than we think. In fact, they may be the first on the market before the end of 2023. China’s strategy in this sector has always been background and forward-looking. But that future is coming, and South Korea is about to find out.

The main players in the production of large diagonal OLED panels have the financial support of the country’s Government, which will reduce the taxes they currently pay by up to 8% and provide tax credits of up to 25% if construction begins. A new organic panel factory on South Korean territory before the end of 2023. South Korea’s Ministry of Economy and Finance has included OLED technology in its list of national strategic technologies for a good reason: BOE and TCL’s entry into this market is a threat.

From a user perspective, many people have wondered why brands such as Xiaomi or TCL have not yet offered televisions with OLED technology. The reason is simple: LCD displays continue to dominate the market in terms of demandSo until now there was no reason to enter this market en masse if production costs were increasing exponentially for a much lower demand than LCD.

It made more sense for Chinese factories to continue the pace of production of LCD panels for all kinds of devices, from mobile phones to smartwatches or computer monitors to large televisions. This is because the materials are much cheaper to obtain than the “exotic” elements that make up the organic matrices of OLED panels.

However, what we have witnessed in the last few years Increased use of OLED panels especially across multiple devices due to higher energy efficiency and image quality. Therefore, China has a plan to fully enter the OLED market, which could benefit the user with much more competitive prices for this technology. And currently OLED panels are reserved only for the high-end and premium range, at a cost that is difficult for many consumers to accept.

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