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OLED Monitor Shipments to Reach 1.44 Million Units in 2024, Marking 181% YoY Growth

TrendForce reports that the OLED monitor market is set to receive a boost with the introduction of new 31.5-inch OLED models. Panel makers are focusing on product differentiation and improved specifications, while several gaming brands are aggressively launching new models to capture market share. OLED monitor shipments are projected to reach 1.44 million units in 2024—representing YoY growth of 181%—with strong growth expected to continue in the coming years.

Samsung is expected to secure the top spot owing to strong sales of its 49-inch OLED monitors and a steady pipeline of new product releases. Its 2024 market share is forecast to expand to 31%. LGE, leveraging ample panel resources and continuous product line expansion, is poised to take second place with a projected 19% market share.

CORSAIR Launches XENEON 34WQHD240-C QD-OLED Gaming Monitor

CORSAIR (Nasdaq: CRSR) today announced the launch of its XENEON 34WQHD240-C QD-OLED Gaming Monitor, which offers vibrant colors, true deep blacks, and enhanced brightness for stunning visuals. Featuring a sleek, slim panel with a contemporary white design, this WQHD display meets the needs of gamers and multimedia enthusiasts seeking a more immersive experience, as well as content creators demanding superb color accuracy.

The XENEON 34 QD-OLED uses the latest 2024 Samsung QD-OLED panel to bring a visually immersive experience to the popular 34-inch monitor size. The 21:9 cinematic aspect ratio and a curved 1800R display provide a wide viewing angle for gaming, multimedia, and productivity. With up to 1000-nit peak brightness and up to 99% DCI-P3 color gamut, it reveals an amazing level of detail in every image, from the brightest highlights to the gloomiest shadows, thanks to DisplayHDR True Black 400 and a up to 1,500,000:1 contrast ratio.

ASUS Republic of Gamers Unveils Three Premium 1440p Gaming Monitors

ASUS Republic of Gamers (ROG) today announced the groundbreaking ROG Swift OLED PG27AQDP, the ROG Strix OLED XG27ACDNG and the ROG Swift 360 Hz PG27AQNR gaming monitors at Gamescom 2024.

The Swift OLED PG27AQDP is the world's first 1440p 480 Hz monitor, and it features an anti-glare WOLED panel. Meanwhile, the 26.5-inch Strix OLED XG27ACDNG boasts an impressive 360 Hz refresh rate and a QHD QD-OLED panel with an anti-reflection. Both monitors feature ASUS Extreme Low Motion Blur (ELMB) and OLED Anti-Flicker technologies. ROG is the only gaming monitor brand to offer QD-OLED and WOLED offerings to cater to different needs. Each display offers unparalleled visuals and unprecedented refresh rates to redefine gaming performance for gamers worldwide. Also launched was the 360 Hz ROG Swift 360 Hz PG27AQNR, with a QHD Ultrafast IPS display and G-SYNC Pulsar that make it a superior choice for esports and competitive gaming.

MSI Announces MPG 321CURX QD-OLED, Its First 32-inch 240Hz QD-OLED Curved Gaming Monitor

MSI proudly introduces its first curved 32-inch 240 Hz QD-OLED Gaming Monitor. The monitor offers an unprecedented immersive gaming experience. MSI has tailored the monitor's specifications to cater to different players, ensuring everyone finds their perfect model.

Expanding Horizons with an Immersive Curved Gaming Experience
The MPG 321CURX QD-OLED is designed to elevate gaming experiences to new heights offering true-to-life colors, deeper blacks and brighter whites. Combined with a 1700R curvature, 240 Hz refresh rate, and an ultra-fast 0.03 ms response time, it ensures immersion, clarity and precision. It includes USB Type-C with 98 W power delivery for seamless connectivity and charging. MSI's advanced features such as KVM, HDMI 2.1, MSI Gaming Intelligence, and VESA ClearMR 13000 cater to high-end gamers.

MSI Announces MPG 341CQPX QD-OLED and MAG 271QPX QD-OLED E2 Monitors

MSI, the world's leading manufacturer of true gaming hardware, is proudly expanding the hardware possibilities for all gamers, as OLED panels have become the mainstream choice for high-end gaming. Since the launch of the QD-OLED product lineup, MSI has continuously optimized every aspect to provide gamers with a better gaming experience. Now, we proudly introduce the MPG 341CQPX QD-OLED gaming monitor, designed to revolutionize your gaming experience. With a spacious 34-inch ultrawide screen, 3440x1440 (UWQHD) resolution, and an impressive refresh rate of up to 240 Hz, the MPG 341CQPX delivers stunningly vivid visuals with unparalleled clarity and immersion, thanks to advanced QD-OLED technology. With the addition of this new member, MSI reaffirms its commitment to providing gamers with cutting-edge technology and unmatched performance.

The MPG 341CQPX QD-OLED is designed to elevate your gaming experience to unprecedented levels, featuring a stunning 1800R curvature for ultimate immersion. With a refresh rate of up to 240 Hz, combined with an ultra-fast 0.03 ms response time, every frame is rendered with breathtaking clarity and precision. Equipped with advanced features such as KVM, HDMI 2.1, MSI Gaming Intelligence, and VESA ClearMR 13000, the MPG 341CQPX QD-OLED caters to the demands of even the most discerning high-end gamers.

Philips Launches the Evnia 32M2N8800 4K 240 Hz QD-OLED Gaming Monitor

Philips, or rather its brand licence partner MMD—which is a division of TPV—has launched a new gaming monitor under its Evnia brand, namely the 32M2N8800. The model name doesn't really give away much about the specs, but what we're looking at is a 31.5-inch 4K QD-OLED display with a 240 Hz refresh rate. The panel is VESA DisplayHDR TrueBlack 400 certified and ClearMR 13000. Like most displays of this type it has a 10-bit panel with a 0.03 ms grey to grey response time and 99 percent DCI-P3 colour gamut coverage. The Evnia display also features a range of gaming mode features like a smart crosshair and various game mode settings. There's also support for picture by picture and picture in picture.

Connectivity wise, it's sadly stuck with DisplayPort 1.4, as well as a pair of HDMI 2.1 ports. There's also a built-in USB 3.2 Gen 1 (5 Gbps) hub with two USB Type-A ports, of which one supports the older USB battery charging 1.2 standard, which delivers 5 V at up to 1.5 A. There's also a 3.5 mm audio output jack and the display is also equipped with Philips' Ambiglow LED backlight on four sides. The stand supports height, swivel and tilt adjustments. The Evnia 32M2N8800 is expected to retail for around US$1000, based on pricing in Hong Kong.

MSI Shows New Range of QD-OLED Gaming Monitors at Computex

MSI has become something of a major player in the gaming monitor market and the company had a range of new OLED and QD-OLED models on display at Computex 2024. Let's start with the biggest buzzword model, the MEG 321URX QD-OLED which MSI claims is the world's first true AI gaming monitor. The so-called AI engine is supposed to help gamers lose less with features like AI Skysight which scans the game's mini map in real time for threats and then points them out to the player. There's also the ability to display certain stats on the monitor's "SpectrumBar" which is an RGB light strip below the monitor. Looking at the actual specs we find a next-gen 31.5-inch, 4K QD-OLED display panel with 240 Hz refresh rate and a 0.03 ms grey to grey response time. There was no mention of any HDR certification for this model.

Connectivity wise many of you will not be happy to see DisplayPort 1.4 as the main input, although it also has two HDMI 2.1 ports, a USB Type-C with DP Alt-mode support that also offers 98 Watts of USB PD charging, one USB 2.0 Type-B input, two USB 2.0 Type-A outputs and a headphone jack. KVM support is part of the package and MSI states it has improved the cooling by using a graphene film and a custom heatsink so the QD-OLED panel should run cooler than competing products. The MEG 321URX finally comes with OLED Care 2.0 which MSI claims will "significantly reduce the chances of OLED screen burn-in" according to the information provided at the show. According to TFTCentral, it will cost US$1700, but there's no availability date as yet.

MSI Releases MPG 271QRX and MPG 321URX QD-OLED Firmware Update, Gives DSC Control

MSI today released firmware updates for its MPG 271QRX QD-OLED and MPG 321URX QD-OLED gaming monitors. The updates are aimed at giving end-users control over DSC (display stream compression), to improve image quality when the display I/O bandwidth permits. This control is in the form of an OSD-level toggle for DSC DLDSR and DSR modes. For the MPG 271QRX QD-OLED, the update also adds a mode switch between HDMI Console and HDMI PC, with the default being Console. The update also packs optimizations to improve input lag and the monitor's share in whole-system latency. The update also includes aspect-ratio selection in the OSD for the MPG 321URX QD-OLED. A white-line artifact on the MPG 271QRX QD-OLED when using 2560 x 1440 @ 360 Hz has been fixed. Visit the support section of the product pages of your monitor for instructions on how to get and install the firmware updates.
The change-log follows.

Samsung Electronics Announces First Quarter 2024 Results

Samsung Electronics today reported financial results for the first quarter ended March 31, 2024. The Company posted KRW 71.92 trillion in consolidated revenue on the back of strong sales of flagship Galaxy S24 smartphones and higher prices for memory semiconductors. Operating profit increased to KRW 6.61 trillion as the Memory Business returned to profit by addressing demand for high value-added products. The Mobile eXperience (MX) Business posted higher earnings and the Visual Display and Digital Appliances businesses also recorded increased profitability.

The weakness of the Korean won against major currencies resulted in a positive impact on company-wide operating profit of about KRW 0.3 trillion compared to the previous quarter. The Company's total capital expenditures in the first quarter stood at KRW 11.3 trillion, including KRW 9.7 trillion for the Device Solutions (DS) Division and KRW 1.1 trillion on Samsung Display Corporation (SDC). Spending on memory was focused on facilities and packaging technologies to address demand for High Bandwidth Memory (HBM), DDR5 and other advanced products, while foundry investments were concentrated on establishing infrastructure to meet medium- to long-term demand. Display investments were mainly made in IT OLED products and flexible display technologies.

MSI Wins Two Coveted iF DESIGN Awards 2024

The results are in for the iF DESIGN AWARD 2024! This year, MSI takes the award home with its MAG 341CQP QD-OLED curved gaming monitor and MAG CORELIQUID E series liquid cooler in Gaming/VR/AR category. "MSI is honored to be recognized by the prestigious iF DESIGN AWARD. As a world-leading gaming & AI PC brand, MSI has been dedicating great efforts in product designs. We believe that design could impact the globe, and will continue to bring the latest and greatest designs to users," said Sam Chern, MSI Marketing Vice President.

Equipped with Quantum Dot technology and a next-gen OLED panel, the MAG 341CQP QD-OLED features a 3440x1440 UWQHD, 175 Hz refresh rate, ultra-fast 0.03 ms (GtG) response time, catering players a smooth and seamless gaming experience. Better yet, the monitor panel is VESA-certified ClearMR 9000 and DisplayHDR TrueBlack 400, promising vibrant colors and mitigates motion blur. By utilizing a dynamically engineered layer of Quantum Dot technology, it could create 99.3% coverage of DCI-P3 color space. Moreover, the MSI OLED Care 2.0 solution offers a range of screen protection optimization mechanisms and significantly reduce the chances of OLED burn-in.

Gigabyte's AORUS FO32U2P Sports DisplayPort 2.1 and a 4K 240 Hz QD-OLED Panel

For those of you that have been waiting patiently for the first DisplayPort 2.1 monitors to start arriving, we have good news as Gigabyte has revealed details of its first display equipped with DP 2.1. The monitor in question is the AORUS FO32U2P which also sports a 4K QD-OLED panel with a 240 Hz refresh rate. The 31.5-inch QD-OLED panel does follow the standard feature set with a 10-bit panel, 250 cd/m² brightness, 1.5 million to one contrast ratio, 0.03 ms GTG response time and a DisplayHDR True Black 400 certification. Gigabyte has gone for an anti-reflective coating as well, which might not appeal to everyone.

As for the inputs, the DP2.1 ports support the full UHBR20 spec, which is 80 Gbps of total bandwidth over four 20 Gbps DisplayPort lanes, which means Gigabyte hasn't skimped on anything here. Yes, you read that correctly as well, the monitor has two DP 2.1 inputs, one full size and one mini DP input and there's also a USB Type-C input that supports DP-Alt mode, in addition to 65 W USB Power Delivery and USB data, although it's not clear if this port also supports DP 2.1. Furthermore, there are two HDMI 2.1 ports, one upstreams and two downstreams USB 3.2 ports, as well as a headphone and microphone jack. Gigabyte has also equipped the AORUS FO32U2P with a pair of 5 W speakers and a stand that offers tilt, swivel, pivot and height adjustments. The maximum power usage is said to be 78 W, but this shouldn't include the USB PD part. Other features include KVM support, daisy-chaining via a DP output, picture in picture and picture by picture support and various gaming features such as crosshairs, night vision, black equalizer etc. Gigabyte has as yet to announce official pricing on a release date.

Update Mar 5th: We've received additional details on the DisplayPorts of the AORUS FO32U2P from Gigabyte and only the DP inputs supports DP 2.1, whereas the USB Type-C input and the DP daisy-chain ports are limited to DP 1.4. The MSRP of the AORUS FO32U2P will be US$1399.99 with the AORUS FO32U2 which is a DP 1.4 version will have an MSRP of US$1199.99.

Gigabyte Provides Specs of its Upcoming 360 Hz QD-OLED Display, the AORUS FO27Q3

Back in January, Gigabyte announced a wide range of new displays at CES and one of the new models that the company didn't have on display at the show was the AORUS FO27Q3. The company has now shared more details on its website of the new display and it gives us a lot more details than what had previously been released. As the model name suggests, the AORUS FO27Q3 is a 27-inch display and the resolution is 2560 x 1440 pixels and the refresh rate will top out at 360 Hz and has a response time of 0.03 ms. The FO27Q3 is built around a QD-OLED panel with an anti-reflective coating. The panel is said to be a 10-bit panel capable of 10.7 billion colours and it's certified for DisplayHDR True Black 400, has a typical brightness of 250 cd/m² and a contrast ratio of 15 million to one.

Other features include support for AMD FreeSync Premium Pro and VESA ClearMR 13000, but there's no mention of G-Sync support. Other features include a range of gaming related features such as crosshairs, night vision, black equalizer etc. as well as picture by picture and picture in picture support. Inputs consist of two HDMI 2.1 ports, one DP 1.4, one USB Type-C with DP Alt mode support as well as a very disappointing 18 W of USB Power Delivery. Furthermore there's a USB 3.0 upstreams port and two downstreams ports, a headphone and a microphone jack. Gigabyte has also added KVM support and a stand that offers tilt, swivels, pivot and height adjustment. The display is said to have a peak power draw of 53 Watts and relies on an external power brick. No word on pricing or availability.

MSI Confirms Lack of Firmware Updates for Incoming MAG QD-OLED Monitors

MSI is preparing to launch its new generation of MPG and MAG series QD-OLED gaming monitors—early 2024 promotional activity included a couple of pre-launch initiatives. The company's marketing division is attempting to get into good graces with the gaming community—we have already witnessed the introduction of a 3-year warranty for OLED panel product, and permanent price cuts planned for launch day. It is highly probable that MSI is trying to attract customers away from ASUS ROG—the MPG 321URX ($949.99, formerly $1199) will be going up against the Swift OLED PG32UCDM ($1299).

The "MSI_Darutohne" Reddit account reached out to potential (and well heeled) customers on a popular premium gaming monitor discussion community: "Hello r/OLED_Gaming! Our QD-OLED monitors are finally rolling out, and we'd love to clarify any misconceptions and make sure everyone here is making an informed purchase! Let's get started with the Six NEW QD-OLED monitors. You may find them all listed here." Many members thanked MSI for the comprehensive product rundowns and answering of questions/queries, but one participant—Mars0813—took issue with the MAG 321UPX model's apparent inability to receive software/firmware updates. MSI_Darutohne responded and confirmed: "You are correct. The MAG 321UPX QD-OLED will NOT support software updates." Subsequent repliers stated that they would cancel their pre-orders, or request refunds. Jamartty45 stated: "Appreciate you for clarifying, but I purchased this yesterday and it will be returned as soon as it gets to my door. A $900 monitor that doesn't support software updates is absurd." The more expensive MPG tier appears to be the best route for gamers who enjoy a little bit of future-proofing and bug fixing.

Incoming MSI QD-OLED Gaming Monitors Receive Permanent Price Cuts

MSI is preparing to launch its MPG 321URX QD-OLED monitor this month—we first spotted this model during an official expansion of the company's QD-OLED gaming monitor lineup—utilizing Samsung Display Gen 3 panels. The announcement outlined an initial MSRP of $1199 for MSI's MPG 321URX gaming monitor, although a time-limited special introductory offer of $949 was later advertised. ASUS Republic of Gamers (ROG) released its Swift OLED PG32UCDM gaming monitor (in USA and UK markets) late last week—competing at a $1299 price point with MSI's 321URX model. The two companies are attempting to outdo each other—earlier this month MSI pledged a 3-year warranty on its OLED panel products, semi-forcing ASUS into matching that generous offer—they previously advertised a two-year period for ROG Swift OLED monitors.

Monitors Unboxed has investigated alleged permanent MSI MSRP price cuts—affecting the MPG 321URX, as well the 49-inch 491CQP and 27-inch 271QRX QD-OLED models. The manufacturer appears prepped to undercut its competition to the tune of $350 (MPG 321URX vs. PG32UCDM): "I've gotten a second update from MSI regarding the MSRP of their QD-OLEDs. They have decided to change their mind and offer their previously lowered pricing permanently, instead of just as an introductory price. That means the official MSRPs of their products are as follows (read more after the jump)." At the time of writing, MSI's MPG 321URX QD-OLED is available to pre-order at a few North American and UK e-tailers, although a couple of listings state the item is "coming soon," or due in stock by early April.

ASUS Announces Availability of ROG Swift OLED PG32UCDM Gaming Monitor

ASUS Republic of Gamers (ROG) today announced availability of the ROG Swift OLED PG32UCDM gaming monitor. It boasts a 32-inch 4K QD-OLED anti-reflective panel that delivers astounding visuals at a buttery-smooth 240 Hz. Featuring third-generation QD-OLED technology, the PG32UCDM delivers vibrant colors, the deepest black hues, and the brightest imagery. Plus, a 0.03 ms gray-to-gray (GTG) response time ensures blur-free action, even in intense gameplay. Inside, an advanced custom heatsink offers exceptional cooling to reduce the likelihood of burn-in and improve performance and longevity of the OLED panel. This premium monitor is designed for gamers who demand the very best, offering an unbeatable combination of size, image quality, and refresh-rate speed for exhilarating gaming experiences.

The 240 Hz refresh rate of PG32UCDM eradicates motion blur and delivers buttery-smooth visuals, even in the most fast-paced titles. The 0.03 ms GTG response time eliminates ghosting and ensures pixel-perfect precision to provide gamers with a competitive edge. AMD FreeSync Premium Pro technology and NVIDIA G-SYNC compatibility ensure supersmooth, tear-free visuals with low latency. Plus, the back of the panel is wrapped in graphene film to improve heat dissipation while the custom heatsink with integrated airflow channels optimizes thermal performance to minimize the risk of burn-in.

MSI Introduces 3-Year Burn-in OLED Warranty

MSI, the world's leading manufacturer of true gaming hardware, is proudly expanding the hardware possibilities for all gamers. While OLED panels have become the preferred choice for high-end gaming, the OLED burn-in issue has consistently been a major concern for all users. MSI is proud to introduce an exceptional solution that effectively addresses the dreaded OLED problem.

MSI's Pledge: 3-Year Warranty for OLED Monitors
To further enhance the longevity of your panels, we are proud to introduce MSI OLED CARE 2.0. This cutting-edge technology is designed to safeguard your OLED panels, providing enhanced protection and contributing to an extended lifespan. In a commitment to our valued gaming community, MSI guarantees a 3-year warranty on OLED panels. Our 3-year warranty extends beyond typical coverage—it includes protection against the burn-in issue. MSI understands the importance of providing comprehensive support, ensuring our users enjoy gaming without any concerns.

MSI Announces New MAG 341CQP QD-OLED Gaming Monitor

MSI, the world's leading manufacturer of true gaming hardware, is proudly expanding the hardware possibilities for all gamers, as OLED panels have become the mainstream choice for high-end gaming. Since the MEG 342C QD-OLED's first leak in 2022, MSI has continuously fine-tuned every aspect of it for a better gaming experience. To ensure gamers remain at the forefront of gaming, we're proud to introduce the new QD-OLED lineup. Now, we're excited to announce that our MAG 341CQP QD-OLED is finally ready.

MAG 341CQP QD-OLED is equipped with Quantum Dot technology and an OLED panel, ensuring exceptional picture quality through precise pixel lighting control and true black scenes. It supports an HDR peak brightness of 1000 nits and native 10-bit color, showcasing an impressive range of 10.7 billion display colors. It has also received the VESA DisplayHDR True Black 400 certification, which delivers the ultimate immersive gaming experience with a super-fast 0.03 ms response time and 175 Hz refresh rate.

INNOCN Gaming Monitors at 2024 CES: OLED and Fast IPS with MiniLED Dominate

INNOCN brought its latest gaming monitors to the 2024 International CES; it didn't waste out time with monitors based on 15 year old tech; but rolled out the very latest—IPS with miniLED backlighting, and OLED. The Titan Army P27A6V is a 27-inch planar display with 4K Ultra HD resolution and a blistering 144 Hz refresh rate (which is high, considering this is 4K). This display uses an IPS panel with miniLED backlighting, and meets DisplayHDR 1000 spec. Display connectivity include HDMI 2.1 and DisplayPort 1.4, both of which provide enough bandwidth of 4K HDR @ 144 Hz. Brilliant stuff, but this is "only" a 27-inch display, which will incur Hi-DPI scaling. Need something bigger? Check out the Titan Army P32A6V, which has identical specs to the P27A6V, but in a larger 32-inch planar format. Both these displays come in gunmetal gray and matte-white body color variants.

Switching up gears is the INNOCN M27E6V, a 27-inch planar display with a Fast IPS panel paired with miniLED backlighting. This one provides 4K Ultra HD with even faster 160 Hz refresh rate, and support for HDR 1400, and 99% coverage of DCI-P3. Inputs include DisplayPort 1.4, HDMI 2.1, and USB type-C (DisplayPort passthrough). You can use the monitor in single cable mode if the USB-C connection is capable of delivering 90 W. The next premium display is the Titan Army G27E8S, a 26.5-inch planar display that uses an OLED panel, and meant for performance gaming. You get a lower WQHD (2560 x 1440 pixels) resolution than the other three displays we mentioned so far; but at higher 240 Hz refresh rate, and under 0.5 ms GTG response time, thanks to the OLED panel. Inputs include DisplayPort 1.4 and HDMI 2.1. The display meets HDR10 spec.

Alienware Unveils Two New QD-OLED Gaming Monitors at CES 2024

Today at CES 2024, Alienware is building on our legacy of display innovation with two new world's-first QD-OLED gaming monitors. Introducing the Alienware 32 4K QD-OLED Gaming Monitor (AW3225QF) and Alienware 27 360 Hz QD-OLED Gaming Monitor (AW2725DF) - two new, advanced gaming displays that expand our celebrated, award-winning QD-OLED family which first debuted at CES 2022.

These new models are the first of their kind. On the left, you're looking at the world's first 4K QD-OLED gaming monitor with Dolby Vision HDR designed for you to see every detail in astounding color and contrast. On the right, beauty and speed come together in the world's first 360 Hz QD-OLED gaming monitor, providing you with 360 Hz refresh rate and QD-OLED infinite contrast in QHD resolution (2560x1440). All these features combined into a single package helps position any gamers with a clear competitive advantage. (For a quick refresher on QD-OLED technology, click here.) No matter whether you are playing racing games where speed is of the essence, or simulation and action-adventure games where sharp visual fidelity is key, there is now an Alienware QD-OLED gaming monitor perfect for you.

MSI Expands Its QD-OLED Gaming Monitors Lineup

MSI, the world's leading manufacturer of true gaming hardware, is proudly expanding our QD-OLED gaming monitor lineup. OLED panels have become the mainstream choice for high-end gaming in recent years. To stay at the forefront of gaming monitors, we're proud to announce our new lineup of QD-OLED monitors. All models will be equipped with the latest generation of QD-OLED panels and will be available in both curved and flat models. We've done extensive research and design to ensure exceptional picture quality through precise pixel lighting control and true black scenes.

We've also upgraded MSI OLED Care 2.0, enhancing screen protection optimization to reduce the risk of OLED panel damage during extended use. The fan-less design, harnesses graphene's exceptional thermal conductivity, which allows for efficient and silent heat dispersion. This further extends the lifespan of these innovative QD-OLED panels.

Samsung Electronics Announces Third Quarter 2023 Results

Samsung Electronics today reported financial results for the third quarter ended September 30, 2023. Total consolidated revenue was KRW 67.40 trillion, a 12% increase from the previous quarter, mainly due to new smartphone releases and higher sales of premium display products. Operating profit rose sequentially to KRW 2.43 trillion based on strong sales of flagship models in mobile and strong demand for displays, as losses at the Device Solutions (DS) Division narrowed.

The Memory Business reduced losses sequentially as sales of high valued-added products and average selling prices somewhat increased. Earnings in system semiconductors were impacted by a delay in demand recovery for major applications, but the Foundry Business posted a new quarterly high for new backlog from design wins. The mobile panel business reported a significant increase in earnings on the back of new flagship model releases by major customers, while the large panel business narrowed losses in the quarter. The Device eXperience (DX) Division achieved solid results due to robust sales of premium smartphones and TVs. Revenue at the Networks Business declined in major overseas markets as mobile operators scaled back investments.

MSI to Unveil New GAMING SLIM Graphics Cards, PROJECT ZERO Motherboard, SSD, Monitors, and More at IFA 2023

The world leader in gaming, content creation, business & productivity and AIoT solutions, MSI announced today its participation in IFA 2023 on September 1st. Established in 1924, the IFA Berlin International Consumer Electronics Exhibition stands as a beacon with an impressive history spanning nearly a century. IFA remains one of the trade fairs that profoundly impacts global PC buyers, wholesalers and retailers by providing a platform that offers comprehensive solutions for the industry.

At IFA 2023, MSI will showcase its full lineup of cutting-edge products. This highly anticipated range encompasses laptops, desktops, monitors, graphics cards, motherboards, peripherals and components. These products symbolize MSI's pursuit of innovation and its commitment to delivering high-quality experiences for global consumers. MSI's Vice President of Marketing, Sam Chern commented, "MSI is thrilled to be part of IFA 2023 event again, it's a fantastic chance to present our achievements. Our MSI team is all about bringing the latest technology to users around the world, making their lives more convenient and joyful. We invite everyone to visit MSI booth and explore our exciting products and innovations!"

ASUS Unveils 32-inch 4K OLED ROG Swift PG32UCDM Gaming Monitor

For many gamers, 32-inch displays might be the perfect size. They're large enough to immerse you in a sweeping vista of pixels, yet not too large to fit comfortably on a standard-sized desk. Today, we're ready to announce a 32-inch monitor that's loaded with OLED luxuries. Meet the world's first 32-inch 4K OLED gaming monitor: the ROG Swift OLED PG32UCDM. Primed for excellence with a 4K QD-OLED panel, a premium ROG cooling solution, and blazing-fast 240 Hz refresh rate, this monitor proves that you can have it all.

QD-OLED panels make a stunning first impression. You won't have to sit in front of the ROG Swift OLED PG32UCDM for more than a moment to see the difference that this panel technology makes. Since each pixel in an OLED panel is its own light source, you can get true, inky blacks. The PG32UCDM employs second-generation Quantum Dot OLED tech that goes a step further to give you even more vibrant colors, an optimized subpixel layout for improved text clarity, and bright, eye-catching highlights.

Samsung Electronics Announces Second Quarter 2023 Results

Samsung Electronics today reported financial results for the second quarter ended June 30, 2023. The Company posted KRW 60.01 trillion in consolidated revenue, a 6% decline from the previous quarter, mainly due to a decline in smartphone shipments despite a slight recovery in revenue of the DS (Device Solutions) Division. Operating profit rose sequentially to KRW 0.67 trillion as the DS Division posted a narrower loss, while Samsung Display Corporation (SDC) and the Digital Appliances Business saw improved profitability.

The Memory Business saw results improve from the previous quarter as its focus on High Bandwidth Memory (HBM) and DDR5 products in anticipation of robust demand for AI applications led to higher-than-guided DRAM shipments. System semiconductors posted a decline in profit due to lower utilization rates on weak demand from major applications.

Global LCD Monitor Shipment Levels Experience 7.4% QoQ Decline in 1Q23, Signs of Recovery Sighted in Q2

TrendForce reports that in the first quarter of 2023, global shipments of LCD monitors fell 7.4% QoQ to 28.8 million units, marking a YoY decline of 20.5%. Major brands, including Dell, HP, and Lenovo, experienced significant drops in shipment levels, falling by 15.6%, 22.8%, and 19.2% respectively.

On the other hand, several consumer brands saw quarterly growth in their shipments in the first quarter, primarily due to channels replenishing their inventories in March. Among these brands, AOC/Philips stood out, benefiting greatly from demand in the Chinese consumer market. Their shipments not only grew 10.9% QoQ but also increased 3.3% compared to the first quarter of 2022.
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