This Year QD OLED TV... Performance Expected from Deoksan Neolux

[Asia Economy Reporter Hyunseok Yoo] This year, Duksan Neolux is expected to see performance growth based on QD OLED TVs.

On the 14th, Shinhan Financial Investment forecasted that Duksan Neolux's sales and operating profit this year will reach 184.4 billion KRW and 56.3 billion KRW, respectively, representing increases of 27.8% and 40.5% compared to the previous year. Along with this, performance improvement is also expected in the first quarter. Shinhan Financial Investment projected first-quarter sales and operating profit of 39.4 billion KRW and 11.0 billion KRW, respectively, up 23.9% and 60.4% year-on-year.

Researcher Soh Hyuncheol of Shinhan Financial Investment said, "The price gap between LCD TVs and OLED TVs is narrowing, and now OLED TVs are expected to become the mainstream premium TVs," adding, "Samsung Display is expected to start producing QD OLED TV panels in the second half of 2021 and is likely to expand investments going forward." He continued, "Duksan Neolux is scheduled to supply materials for this."

Additionally, it is favorable that OLED is expected to be installed in Apple's iPads and MacBooks. He explained, "Recently, Taiwanese media reported that Apple is highly likely to equip OLED in iPads and MacBooks in 2022," and added, "Looking back at the history of OLED adoption in iPhones, the possibility of OLED installation in iPads and MacBooks is considered high." He emphasized, "This could lead to increased orders for Duksan Neolux's OLED materials such as HTL, Red Host, Red Prime, and Green Prime."