Who is the best manufacturer of display panels?

09 Apr.,2024

 

Display panel manufacturers are companies that are able to produce the cell structures needed in OLED and LCD displays. Not  monitor or TV  manufacturers.
For LCD displays, the cell includes a front layer with contrast coating, a polarizing film, color, liquid crystals, a thin-film transistor (TFT), and a polarizing film.
For OLED displays, the cell includes a front layer with contrast coating, color filters, OLED panel, and substrate.

cell of lcd and oled, only few big manufacturers can make it

In both LCD and OLED displays, producing these cells – which are highly complex – is by far the most difficult element of the production process. Indeed, the complexity of these cells, combined with the levels of investment needed to achieve expertise in their production, explains why there are less than 30 companies in the whole world that can produce them. China, for instance, has invested more than 300 billion yuan (approximately $45 billion USD) in just one of these companies – BOE – over the past 14 years. 

                                                         manufacturing of LCD/OLED cell
Panox Display has been involved in the display industry for many years and has built strong and long-term partner relationships with many of the biggest OLED and LCD panel manufacturers. As a result, we are able to offer our clients guaranteed access to display products from the biggest manufacturers.
The following are the biggest OLED and LCD manufacturers in the world:
(Click the blue title to check the original brand displays Panox Display provides)

1. BOE 
Established in April 1993, BOE is the biggest OLED/LCD panel manufacturer in the world and can make all kinds of displays ranging from 0.39-inch 1920x1080 micro-OLED panels to 110-inch 7680x4320 LCD panels, as well as flexible and transparent displays.
In 2021, BOE continued to rank first in the world in five application fields: mobile phones, tablet computers, laptop computers, displays, and TVs. In addition, its AMOLED display output exceeded 10 million units per month for the first time in December 2021, a milestone development for both the company and the industry as a whole.

2. LG Display
LG Display was, until 2021, the No. 1 display panel manufacturer in the world. Owned by LG Group and headquartered in Seoul, South Korea, it has R&D, production, and trade institutions in China, Japan, South Korea, the United States, and Europe.
LG Display’s customers include Apple, HP, Dell, Sony, Toshiba, Philips, Lenovo, Acer, and other world-class consumer electronics manufacturers.
LG's production base in China is in Nanjing, Shenyang. 

3. AUO (AU Optronics)
Founded in 2001, AUO – or AU Optronics – is the world’s leading TFT-LCD panel manufacturer (with a 16% market share) that designs, develops, and manufactures the world’s top three liquid crystal displays. With panels ranging from as small as 1.5 inches to 46 inches, it boasts one of the world's few large-, medium -and small-sized product lines.
AUO is also the world's first TFT-LCD design, manufacture, and R&D company to be publicly listed on the New York Stock Exchange (NYSE). 
AUO offers advanced display integration solutions with innovative technologies, including 4K2K ultra-high resolution, 3D, ultra-thin, narrow bezel, transparent display, LTPS, OLED, and touch solutions. AOU has the most complete generation production line, ranging from 3.5G to 8.5G, offering panel products for a variety of LCD applications in a range of sizes, from as small as 1.2 inches to 71 inches.  

4. Sharp
Sharp is the inventor of the LCD screen.
Now Sharp is still top 10 TV brands all over the world. Just like BOE,  Sharp produce LCDs in all kinds of size. Including small LCD (3.5 inch~9.1 inch), medium LCD (10.1 ~27 inch), large LCD (31.5~110 inch). Sharp LCD has been used on Iphone series for a long time.
Beside those current LCDs, the industrial LCD of Sharp is also excellent and widely used in public facilities, factories, and vehicles. The Sharp industrial LCD, just means solid, high brightness, super long working time, highest stability.
Memory LCD from Sharp is a unique display panel with low consumption, readable under the sun.

5. Truly Semiconductors 
Truly Semiconductors is a wholly owned subsidiary of the Hong Kong-listed company Truly International Holdings. Founded in 1991, and headquartered in Hong Kong, the company’s production base is located in the beautiful coastal city of Shanwei City in Guangdong Province, China. 
Since its establishment, Truly Semiconductors has focused on researching, developing, and manufacturing liquid crystal flat panel displays. Now, after twenty years of development, it is the biggest small- and medium-sized flat panel display manufacturer in China. 
Truly’s factory in Shanwei City is enormous, covering an area of 1 million square meters, with a net housing area of more than 100,000 square meters. It includes five LCD production lines, one OLED production line, three touch screen production lines, and several COG, LCM, MDS, CCM, TAB, and SMT production lines. 
Its world-class production lines produce LCD displays, liquid crystal display modules (LCMs), OLED displays, resistive and capacitive touch screens (touch panels), micro camera modules (CCMs), and GPS receiving modules, with such products widely used in the smartphone, automobile, and medical industries. The LCD products it offers include TFT, TN, Color TN with Black Mark (TN type LCD display for onboard machines), STN, FSTN, 65K color, and 262K color or above CSTN, COG, COF, and TAB modules.

6. Innolux
Innolux carries out production and sales operations in a one-stop manner, providing its global customer base with comprehensive solutions.  
In its early days, Innolux attached great importance to researching and developing new products. Mobile phones, portable and mounted DVD players, digital cameras, games consoles, PDA LCDs, and other star products were put into mass production and quickly captured the market, winning the company considerable market share. 
Looking forward to the future, the group of photoelectric will continue to deep LCD display field, is committed to the development of plane display core technology, make good use of global operations mechanism and depth of division of labor, promise customers high-quality products and services, become the world's top display system suppliers, in 2006 in the global mobile phone color display market leader, become "Foxconn technology" future sustained rapid growth of the engine.

7. Hannstar
Founded in June 1998, Hannstar specializes in producing thin-film transistor liquid crystal display panels, mainly for use in monitors, notebook displays and televisions. It was the first company in Taiwan to adopt the world’s top ultra-wide perspective technology (AS-IPS).
The company has three LCD factories and one LCM factory. It has acquired state-of-the-art TFT-LCD manufacturing technology, which enables it to achieve the highest efficiency in the mass production of thin-film transistor liquid crystal display production technology. Its customers include many of the biggest and most well-known electronics companies and computer manufacturers in Taiwan and overseas.
In 2002, it signed an IPS patent authorization contract with Hitachi of Japan and started to plan a 5th-generation plant to make the product line more complete and meet the needs of different customers.

8. Visionox
On October 8, 2008, Visionox opened the first mass OLED production line on the Chinese mainland, with a focus on PMOLED manufacturing. 
GVO – a sub-company of Visionox – is set to produce AMOLED displays for use in the mobile phone industry.

9. TCL CSOT (TCL China Star Optoelectronics Technology)
TCL CSOT – short for TCL China Star Optoelectronics Technology (TCL CSOT) – was founded in 2009 and is an innovative technology enterprise that focuses on the production of semiconductor displays. As one of the global leaders in semiconductor display market, it has bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, with nine panel production lines and five large modules bases.  
TCL CSOT actively produces Mini LED, Micro LED, flexible OLED, printing OLED, and other new display technologies. Its product range is vast – including large, medium, and small panels and touch modules, electronic whiteboards, splicing walls, automotive displays, gaming monitors, and other high-end display application fields – which has enabled it to become a leading player in the global panel industry.
In the first quarter of 2022, TCL CSOT’s TV panels ranked second in the market, 55 inches, 65 " and 75 inches second, 8K, 120Hz first, the first, interactive whiteboard and digital sign plate; LTPS flat panel, the second, LTPS and flexible OLED fourth.

10. EDO (EverDisplay Optronics)
EDO (also known as EverDisplay Optonics) was founded in October 2012 and focuses on the production of small- and medium-sized high-resolution AMOLED semiconductor display panels.
The company opened its first production line – a 4.5-generation low-temperature polysilicon (LTPS) AMOLED mass production line – in 2014, which started mass producing AMOLED displays in November 2014. 
In order to ramp up production output, the company began construction of a 6th-generation AMOLED production line in December 2016, with a total investment of 27.3 billion yuan (almost $4 billion USD). The line, which has a production capacity of 30,000 glass substrates per month, produces flexible and rigid high-end AMOLED displays for use in smartphones, tablet pens, vehicle displays, and wearable devices. 

11. Tianma Microelectronics
Tianma Microelectronics was founded in 1983 and listed on the Shenzhen Stock Exchange in 1995. It is a high-tech enterprise specializing in the production of liquid crystal displays (LCD) and liquid crystal display modules (LCM). 
After more than 30 years of development, it has grown into a large publicly listed company integrating LCD research and development, design, production, sales, and servicing. Over the years, it has expanded by investing in the construction of STN-LCD, CSTN-LCD, TFT-LCD and CF production lines and module factories across China (with locations in Shenzhen, Shanghai, Chengdu, Wuhan and Xiamen), as well R&D centers and offices in Europe, Japan, South Korea and the United States.  
The company's marketing network is all over the world, and its products are widely used in mobile phones, MP3/MP4 players, vehicle displays, instrumentation, household appliances, and other fields. In terms of technical level, product quality, product grade, and market share, it ranks at the forefront of the domestic industry and has become a leading enterprise in the field of small- and medium-sized displays.

12. JDI (Japan Display Inc.)
JDI (Japan Display Inc.) was established on November 15, 2011, as a joint venture between the Industrial Innovation Corporation, Sony, Hitachi, and Toshiba. It is dedicated to the production and development of small-sized displays. It mainly produces small- and medium-sized LCD display panels for use in the automotive, medical, and industrial fields, as well as personal devices including smartphones, tablets, and wearables. 

13. Sony
Although Sony’s TVs use display panels from TCL CSOT (VA panel), Samsung. Sony still produces the world’s best micro-OLED display panels. Sony has many micro OLED model such as 0.23 inch, 0.39 inch, 0.5 inch, 0.64 inch, 0.68 inch, 0.71 inch. Panox Display used to  test and sell many of them, compare to other micro OLED manufacuturers, Sony`s micro OLEDs are with the best image quality and highest brightness (3000 nits max).

If you look around, wherever you are, there seem to be monitors and screens everywhere. It’s because screens have become a necessity in today’s modern lifestyle, whether it’s residential, commercial, or industrial. This paved the way for the birth of many companies looking to contribute to this need and the top 5 LED screen manufacturers in world to dominate the industry. 

The rise of LED screens has continued to be a powerful trend in the global market, reaching a value of $159.2 billion in the year 2022. It is expected to have a 3.9% CAGR growth by the year 2028, accumulating a total market value of $205 billion. Great things are to be expected from the industry of LED screens just based on these numbers. 

Global manufacturers have continued to invest in LED technology research and development in order to create more efficient and eco-friendly products for the market. Investments have been focused on the manufacture of advanced display technologies and smart displays. And since manufacturing costs and installation of LED solutions have decreased because of the increase in market demand, companies have also upped their investments. Today, the activities of the top 5 LED screen manufacturers in world are concentrated in China, South Korea, and Japan, with the former taking up most of the production. 

Top 5 LED Screen Manufacturers In World

With the rise of LED technology and the need for environmentally friendly solutions that produce fewer carbon footprints. This high demand led to many manufacturers shifting to producing LED products and solutions. This contributed to the continuous growth of the global market. And the top LED display manufacturers are only a fraction of the entities that bring the industry’s foot forward. Here are the top 5 LED screen manufacturers in world you can continue to look forward to. 

1. Samsung Electronics Co. Ltd.

HeadquartersSuwon-Si, Geonggi-Do, South KoreaFounded1969Revenue$245.7 billion (US Dollars) as of 2022Websitehttps://www.samsung.comKey LED Screen ProductsSamsung OLED displays, Samsung XPR08-B (P8), Samsung The Wall All-In-One

Samsung Electronics is one of the top 5 LED screen manufacturers in world. It is considered Samsung’s biggest faction. It is also the biggest industrial electronics company in South Korea, with 228 subsidiaries all over the world. This global tech frontrunner offers an extensive portfolio that includes a wide variety of appliances from display panels and televisions to washers and refrigerators. 

This faction became independent in the platform to improve the company’s R&D operations and innovate better products and technology. By using the most advanced technology that the company innovated, it can develop and produces new products to cater to the needs of the high-end market. 

With this strategy, the company’s goal is to create innovative electric solutions across different end-users for sustainability purposes. This principle is the reason why the company is well-known for its extensive research and development ventures and expenditure. 

The OLED displays from Samsung are the leader in the industry, specifically in the global SME market. Samsung’s OLED displays deliver a slim design, low energy consumption, and clear image.

2. LG Display Co. Ltd.

HeadquartersSeoul, South KoreaFounded1987Revenue$20.19 billion (US Dollars) as of 2022Websitehttps://www.lgdisplay.comKey LED Screen ProductsLG Indoor LED Signage, LG Ultra Slim Series, LG LSCA029 Versatile Series

Another one of the top 5 LED screen manufacturers in world is the LG Display. Affiliated with the LG Group, it is a popular LCD panel manufacturer that takes pride in having a revenue of $20.19 billion US dollars in the 2022 fiscal year. The company is currently headquartered in Seoul, Korea with several subsidiaries all over China, Europe, South Korea, Japan, and the United States, where the company operates its research and development and production divisions. 

This South Korean frontrunner has become a major manufacturer of a wide selection of consumer and commercial products and solutions, from appliances and service robots to monitors and automotive components. 

As one of the top 5 LED screen manufacturers in world, the company also manufactures innovative displays and leads the industry when it comes to the development of display technologies. Some of which include TFT-LCD or thin-film transistor liquid crystal displays and OLED. Besides flexible displays, it also produces different sizes and specifications of display panels. The company’s display panels are used by other popular companies, including Apple, Acer, Dell, Lenovo, and Philips. 

3. Daktronics

HeadquartersBrookings, South Dakota, United StatesFounded1968Revenue$610.53 million (US Dollars) as of 2018Websitehttps://www.daktronics.comKey LED Screen ProductsOutdoor LED displays (Text, Images, and Animations) and Digit and Price LED Signs

Headquartered in South Dakota, Daktronics is part of the top 5 LED screen manufacturers in world. It is a multinational company with several subsidiaries located in Shanghai, Minnesota, and Belgium. Since it was established in 1968, the company has catered to sports displays and marketing and transportation applications. It manufactures high-quality digital billboards, scoreboards, dynamic message signs, and large-format LED video displays, along with control systems and audio systems  It even offers the service of designing digital content, from motion graphics to 3D animation in HD video. 

Daktronics was able to supply LED screens for the Olympic Games, including video displays and scoreboards. It was made possible when companies like IBM and Omega SA sponsored the event. It was also responsible for developing NBA’s backboard light start to comply with the instant replay rulings for buzzer beaters in the year 2000. In 2004, it also innovated a shot clock that’s see-through for better visibility.

Dakronics was able to improve as an industry and became one of the top 5 LED screen manufacturers in world with the help of its state-of-the-art product reliability lab that designs products and innovates them to withstand harsh weather conditions. The company’s key products include Outdoor LED displays:

  • Text Only
  • Text, Images, and Animations
  • Digital Street Furniture
  • Custom Sizes and Shapes

It also offers Price and Digit LED Signs that include Petroleum Price Displays, Time and Temperature Displays, and Space Availability Displays. 

4. Leyard Optoelectronic Co. Ltd.

HeadquartersBeijing, ChinaFounded1995Revenue$2.38 billion (US Dollars) as of 2022Websitehttps://en.leyard.com/ Key LED Screen ProductsPine Pitch LED Display Series, Interactive Conference LED Display Series, MicroLED Series, Outdoor Fixed LED Display Series, and Front Acces LED Display Series

Leyard Optoelectronic, headquartered in Beijing China, was established in the year 1995 and operates as a manufacturer of LED products, from lighting to displays. With around 5,000 employees able to operate worldwide with the help of 7 international marketing centers and 9 production bases all over the world, including Brazil, Canada, Europe, Japan, and the United States. In 2012, it went from being a private corporation to a public one when it was listed on the Shenzhen Stock Exchange. It also premiered on the ChiNext board.

The company became popular in the industry and can be considered one of the top 5 LED screen manufacturers in world because it offers gigantic screen displays. It offers an extensive portfolio that includes conventional LED, small-pitch LED, commercial and conference display products, and LED modular products. 

One of the key moments for the company was when its display products were utilized in the opening ceremony of the 2008 Olympic Games, specifically the 1300 square meter display scroll. The company also provided visual effects for National Day (50th, 60th, and 70th) and other major national events.

Leyard is a global frontrunner in the field of audio-visual technology. It is known to be the first one to innovate the small-pitch LED display in the world. In 2019, it was named the leader in global LED display market share, small-pitch LED display market share, and indoor LED display market share.

5. Barco

HeadquartersKortrijk, BelgiumFounded1934Revenue$1.6 billion (US Dollars) as of 2022Websitehttps://www.barco.com/enKey LED Screen ProductsBarco TruePix Series, Barco NT Series, and Barco XT Series

Barco, established in the year 1934, is a known innovator and manufacturer of LED products and solutions. Early in its foundation though, it started as a company that deals with assembling radio parts after importing them from the United States. It was even known as the Belgium American Radio Corporation where it got its name in the first place. 

Throughout the years, Barcocano has developed excellent and reliable LED walls and can now be named one of the top 5 LED screen manufacturers in the world. It features a portfolio of high-performing and high-quality LED walls for indoor applications like the ones installed in the boardroom or control room. Some of the most popular creations from the company are its TruePix series with smart engineering and top-notch LED technology, NT Series with Infinipix Gen2 processing power, and XT Series with picture-perfect video walls. 

Barco dedicates its operations to the development and improvement of LED technology. The company envisions completely seamless and uninterrupted video wall displays that can function effectively even under daylight brightness. 

Conclusion

The LED display industry is expansive and with the current upward trajectory in the market, more is expected from it. Many manufacturers have introduced new LED products and solutions to the market. With these top 5 LED screen manufacturers in world having an early start, it’s not surprising that customers have become loyal and trusting of their offers. All of these manufacturers have dedicated an ample amount of their time and expenses to research and development, which is how they became the leaders in the industry.

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Who is the best manufacturer of display panels?

Top 5 LED Screen Manufacturers In World