Samsung Display expects 20% growth in curved Ultra HD TV panels over the next two years as Samsung Electronics expects to release new units, according to industry sources.
The company is looking to gain a larger market share in the Ultra HD TV segment by releasing more units and is also looking to bump up its production of Ultra HD TV panel technology in order to rely less on other makers such as AU Optronics (AUO) and Innolux.
Samsung also aims to produce more low-cost Ultra HD TV panels for targeting in the China market where Ultra HD TV demand is expected to see the largest growth in 2014, the sources said.
Most TV vendors are expected to release more units sized 42- to 65-inch in 2014, with the proportion of 55-inch and above size units expected to increase the most.
Meanwhile, new 55- and 65-inch curved Ultra HD TVs from Samsung are expected to hit the Taiwan market in mid May, the sources added.