Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Samsung Display and LG Display are not just South Korea’s leading display makers, but they are the no. 1 in the world as well. However, in the recent results, China’s BOE Technology displaced them and took the top spot.
China surpasses Korea in panel production and sales
According to Pulse News, S. Korea has been the no. 1 panel display maker in the last 17 years.
The Korean companies always had the highest sales, but the record has been broken by the Chinese players, and this is happening for the first time in almost two decades.
It was said that this happened as the Chinese brands are fast expanding in the OLED production market after they dominated the LCD market with backing from the government.
Based on the new record, in the first quarter of this year, China took up 40% of the global display sales while S. Korea only secured 33%. The latter clearly fell behind its Chinese rivals, according to a research firm, Omdia’s study about the global market.
Omdia added that the Chinese companies’ venture into the OLED market is also fast developing, and this could further place them in the lead in the panel display sector. BOE Technology recorded $7.7 billion in sales to win over LG and Samsung Display.
Shares prediction for panel makers
Business Korea reported that it was estimated that China’s global LCD panel market share for this year will be around 60.7%. For its OLED panels that are mostly for smartphones, it may enjoy an increase of between 15% to 27% this year and in 2022.
As for the Korean display makers, it was predicted that with Samsung Display’s current share of 80%, this may drop to 60% or more in 2022. In any case, part of the reason why the Chinese display makers are doing so well is that they are being supported by the state.
In fact, they benefited from the huge local and substantial government subsidies. The state has been providing subsidies to BOE since 2010, and the amount already exceeded ₩2 trillion. In addition, the Chinese government offered a variety of benefits such as tax incentives and infrastructures such as free electricity, water, land, and buildings. Korean manufacturers are said to have never had such generous support from their government.
