In 2023, LG Display will produce new mid-sized WOLED panels.
In summary, at least one manufacturer is preparing a response to market shifts in the display industry for this year and next. As the technology becomes more prevalent in PC monitors, customers may begin to see smaller, more affordable options for OLED screens.
In response to declining demand, LG Display (LGD) is reportedly preparing mid-sized WOLED panels for TVs and gaming monitors. The displays are anticipated to become available in 2023.
The first of the new LGD panels will be an LG Electronics (LGE) 27-inch WOLED television or computer monitor. The display will debut in the first quarter of 2023 after production commences by the end of October. In addition, LGD will begin production of a 32-inch WOLED display by the end of this year, for release sometime after the 27-inch model. No one has disclosed the prices, resolutions, or refresh rates of the screens as of yet.
LGE’s current mid-sized OLEDs use JOLED panels, but the upcoming panels will be different. WOLED displays differ from other OLEDs in that they emit white light through colored filters, similar to LCDs, as opposed to traditional RGB emitters.
The forthcoming displays would stand in stark contrast to the majority of gaming monitors introduced in 2022. The majority of the 4K ultrawide OLEDs introduced by LG, Asus, Alienware, Samsung, and Corsair have curved screens and exceed 40 inches, 120Hz, and $1,000. Alienware was able to reduce the price of its entry by omitting G-Sync Ultimate, but at $1,000, it remains primarily for high-end consumers. These items represent significant advances in monitor manufacturing, but the market may soon demand smaller, more affordable options.
Monitors, like the majority of other computer components, are experiencing a decline due to the post-pandemic economic hangover. Inflation and a decline in demand have resulted in an overabundance of goods produced during the pandemic to meet rising demand. IDC reported positive monitor shipments for the second quarter of 2022, while Trendforce reported the first-ever decline in gaming monitor shipments for 2022.
However, both groups also expect budget-friendly monitors with lower prices to help inspire a market turnaround in 2023. Eventually, LGD plans to increase its production of over 40-inch OLED panels, possibly increasing the supply of the large high-end monitors that the companies introduced in 2022.
