Samsung Electronics aims to overcome external challenges by focusing on high-value-added products like iLED and OLED, thereby maintaining its competitive edge in the “super gap” technology. iLED is seen as a display technology that bridges the performance gaps of LCD and OLED, such as lifespan and brightness, including Micro LED, Nano LED, and Quantum Dot LED as emissive displays.
Understanding iLED: The Next Generation of Displays
iLED, which uses ultra-small LEDs in the micron (μm) range, eliminates the need for backlighting and color filters, with the LEDs themselves acting as the light source. Currently, Micro LED is the closest technology to commercialization, making it likely that iLED will soon evolve into Micro LED. Although it is still in its early stages, the market for iLED is expected to grow rapidly, with XR (Extended Reality), wearable devices, and large-format TVs as key growth areas.
Projected Growth for iLED: 173 Times by 2031
According to Omdia, iLED demand is expected to increase by 173 times by 2031, reaching a market value of $32 billion by 2035. Industry insiders suggest that iLED has more growth potential than OLED, especially considering the projected explosive growth of the OLED market, which is expected to surge from $50.8 billion in 2030 to $80 billion by 2045.
Samsung’s Pioneering Efforts with iLED
Samsung Electronics is already rolling out iLED products. Last year, the company commercialized and released a 114-inch Micro LED TV, showcasing its innovative initiatives. It also unveiled a transparent Micro LED TV and last month introduced the world’s first 2.1-inch Micro LED panel for smartwatches at CES 2025 in Las Vegas.
Government Support for Next-Generation Displays
The South Korean government is also offering support for next-generation display development. Last year, the government approved a preliminary feasibility study for the “Weapon Launch Display Technology Development and Ecosystem Construction Project” and will invest a total of ₩4.84 trillion (~$3.63 billion) over the next eight years, starting from 2025.
The Future of iLED: A Threat to OLED
Professor Moon Dae-kyu, a display materials engineering professor at Soonchunhyang University, stated, “With its tremendous growth potential, iLED is poised to become the next display technology. Just as the industry shifted from LCD to OLED, iLED has the potential to replace OLED once the technology and production infrastructures mature.”
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