Global OLED TV shipments arrived at 1.1 million units in the fourth quarter of last year, exceeding 1 million units in quarterly sales for the first time, according to market researcher IHS Markit on Feb. 20.
LG Electronics launched OLED TVs in 2013 for the first time among TV makers. OLED TV shipments grew from 4,000 units in 2013 to 2,514,000 million units in 2018 as other TV manufacturers began to turn out OLED products.
Last year, OLED TV shipments remained stable at the level of 600,000 units per quarter in the first three quarters, and soared 66.5 percent on quarter in the fourth quarter due to increased demand during the peak season. As a result, annual shipments in 2019 reached three million units. OLED TVs’ share of the overall TV market climbed from 1.1 percent in 2018 to 1.3 percent in 2019.