South Korea to See Its Biggest OLED Exports in 2021
It is expected that South Korea’s OLED panel exports in 2021 will be the highest ever in the country’s history as supply of OLEDs has been increasing as many consumers around the world are purchasing TVs and IT devices due to creation of contact-free economies from the COVID-19 pandemic. Particularly, OLED is expected to be solidified as a vital item that is responsible for more than 70% of entire display exports of South Korea.
Process of South Korea’s display industry withdrawing from LCD and transitioning towards new products with high values such as OLED is expected to be much faster. South Korea’s display industry and the South Korean Government plan to accelerate the process and solidify South Korea as the top country in the world when it comes to display.