The amount of OLED luminescent materials purchased by Chinese panel manufacturers has surpassed that of Korean factories for the first time
2025-06-06

On June 4th, according to the "2025 OLED Light Emitting Materials Report" by market research firm UBI Research, the amount of OLED light emitting materials purchased by Chinese panel manufacturers has surpassed that of South Korea for the first time. 


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Luminescent materials are the core raw materials of OLED panels, which have the function of emitting different colors of light on their own and being used for image display. The growth in sales of luminescent materials in the Chinese market indicates that local manufacturers are increasing their use of luminescent materials, which is closely related to the increase in shipments of OLED panels in China. According to UBI Research's forecast, Chinese manufacturers may surpass Korean manufacturers such as Samsung Display and LGD in OLED panel shipments this year. However, UBI Research analyst Lu Changhao explained that "due to the fact that panel shipments from South Korean manufacturers are mainly concentrated in the second half of the year, the purchasing amount of luminescent materials from Chinese panel manufacturers temporarily exceeded that of South Korean manufacturers in the first quarter of this year." It is expected that starting from the second quarter, with the official production of OLED panels for Apple's iPhone 17 series, iPad Pro and other products, the purchasing amount of luminescent materials from South Korean panel manufacturers will once again surpass that of Chinese manufacturers in the second half of the year. UBI Research analysis predicts that Samsung Display will rank first with a market share of 39.8%, LGD with 19.9%, and BOE with 13.1% in the usage of luminescent materials by major manufacturers this year. In addition, despite Chinese manufacturers catching up, UBI Research predicts that Korean panel manufacturers will maintain a 55% market share in OLED material usage until 2029. Analyst Lu said, "In the short term, Korean manufacturers will still occupy a higher share of the procurement of luminescent materials." The OLED luminescent materia


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