[Click eStock] "Yesun Tech, Benefiting from OLED Growth"
[Asia Economy Reporter Hyungsoo Park] Research Alom analyzed on the 26th that Yesuntech is expected to benefit from the recovery of the organic light-emitting diode (OLED) industry.
Choi Seonghwan, chief researcher at Research Alom, said, "OLED TV shipments will increase from 3 million units last year to 12 million units by 2025," and added, "Demand for adhesive materials that prevent screen smearing and heat generation of OLED panels will increase."
He continued, "LG Display recorded a 'surprise performance' due to the favorable OLED market," and "LG Display's OLED panel shipments in the second half of this year are expected to double compared to the first half."
He emphasized, "Yesuntech is a leading company in high-performance adhesive materials used in large OLED TVs, including LG Electronics' Rollable TV."
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Researcher Choi also stated, "They have developed adhesive materials for small and medium-sized OLEDs and will start full-scale sales from next year."
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