Samsung Display Achieves Milestone – Exceeding 300 Million OLED Panel Production Mark

  Samsung Display Achieves Milestone – Exceeding 300 Million OLED Panel
  Production Mark

Business Wire

SEOUL, South Korea -- January 23, 2013

Samsung Display Co., Ltd., a global leader in display panel technologies and
products, announced today that it has exceeded 300 million panels in
cumulative OLED (Organic Light Emitting Diode) panel production since mass
production began in January 2007.

Piling all 300 million Samsung OLED panels on top of one another would equal
more than 68 times the height of Mt. Everest. That volume averages out to
having produced more than 470,000 panels a day, or 5.4 panels a second.

While it took Samsung Display four and a half years to reach the initial 100
million production mark for OLED panels, the next 100 million units were
produced in just eleven months, and the last 100 million units were produced
in only seven months.

Samsung Display held a ceremony to commemorate the 300 million production
milestone today at Samsung Display City located in Asan city,
Chungcheongnam-do, Korea, which was attended by its president and more than
300 other employees.

Kinam Kim, the president and CEO of Samsung Display, said at the ceremony,
"After six years of nearly constant production, we have achieved a monumental
milestone in producing 300 million panels, which represents the vast majority
of OLED panels produced during that time." He added, "Samsung Display will
accelerate its leadership in OLED production by introducing the next
generation OLED technology, including large-sized TV panels and flexible
displays."

Samsung Display has 98 percent market share in the OLED panel market. Its OLED
technology is considered the premium technology for the next generation of
displays due to OLED’s high color gamut, more vivid and natural images than
conventional display technologies, and optimized features for future displays
including flexible and transparent display technologies.

Since Samsung Display mass produced the world's first OLED panels in 2007, its
OLED displays have been used in smartphones, tablet PCs and digital cameras.

About Samsung Display Co., Ltd.

Samsung Display Co., Ltd. is a global leader in display panel technology and
products. Employing approximately 39,000 people at seven production facilities
and nine sales offices worldwide, Samsung Display specializes in high-quality
displays for consumer, mobile, IT and industrial usage, including those
featuring OLED (organic light emitting diode) and LCD technologies. As a total
solution provider, Samsung Display strives to advance the future with
next-generation technologies featuring ultra-thin, energy-efficient, flexible
and transparent displays. For more information, please visit
www.samsungdisplay.com.

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50540959&lang=en

Contact:

Samsung Semiconductor
John Lucas, APR, 408-544-4363
j.lucas@ssi.samsung.com
Dan Munoz
Dan.Munoz@edelman.com
 
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