Samsung’s Display division recently held its earnings call for the last quarter of 2020 (4Q2020), which apparently involved profits that grew nearly 800% year-on-year and revenues equivalent to about US$8.9 billion. It also announced that it would indeed get into emerging panel types, including rollable ones, so as to stay competitive in 2021 and beyond.
Samsung Display presented impressive 4Q2020 earnings at its latest conference call, including revenue from sales of 9.96 trillion South Korean won (~US$8.9 billion), leaving it 1.76 trillion (~$1.6 billion) in operating income. Furthermore, its senior vice president Choi Kwon-young stated that it would aim to do at least as well in the future through more work on rollable and slidable panels.
The executive noted that it would do so in order to keep ahead of other OEMs involved in making these experimental display types, such as TCL, in 2021. This is also the latest solid indication of Samsung’s plans to add new devices that can roll or slide their screens away when not in use to its existing cutting-edge portfolio, which currently includes the Galaxy Z Fold and Flip lines.
It might also lend more weight to the rumor that the Galaxy Note series of phablets will be supplanted by new, rollable versions in the near future. Meanwhile, Samsung Display also intends to stay on top of the general OLED field with crowd-pleasing features such as VRR and reduced power consumption, and by offering more panels in sizes that upcoming in-car displays, laptops and tablets can use.