Sales of quantum-dot TVs fall in Q2

SEOUL-- The combined global sales of quantum-dot TVs lost ground in the second quarter from an earlier three-month period, data showed Wednesday, paving the way for the growth of organic light-emitting diode (OLED) TVs.

According to the data compiled by IHS Markit, the global sales of quantum-dot TVs in the April-June period came to 351,000 units, down 48.2 percent from the first quarter. Quantum dot refers to a semiconductor nanostructure that improves brightness, visibility and power efficiency of displays.

South Korea's Samsung Electronics has been promoting quantum dot technology through QLED TVs in contrast to the OLED TVs in the premium lineup led by smaller local rival LG Electronics Inc.

Other major producers of quantum-dot TVs include China-based Hisense Co. and TCL Corp.

The sales of OLED TVs, on the other hand, advanced 29.4 percent over the cited period to reach 282,000 units, the data also showed. Japan-based Sony Corp. and Panasonic Corp. also focus on OLED TVs.

"While the sales of OLED TVs have been falling behind quantum-dot TVs, the competition between the two segments is likely to escalate as the gap has narrowed," an industry watcher said.

Source: Yonhap News Agency

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