Covid-19 hits global OLED TV market, QLED segment to grow: Report

New Delhi: Led by South Korea’s LG Electronics, the global OLED TV market is expected to post relatively small growth this year, compared with the QLED TV sector, following a disruption in panel supply caused by the novel coronavirus pandemic.

The global OLED TV shipment is expected to increase 7.8 per cent (year-on-year) to 3.375 million units this year, according to display market tracker WitsView, a research division of TrendForce.

On the other hand, global QLED TV shipment is expected to grow 41.8 per cent on-year to reach 8.27 million units this year, with aggressive sales promotions from the market leader Samsung Electronics.