OLED Cost Increase and longer Lead Time Notification
The worldwide increase in demand (driven by 5G mobile and consumer electronics) and FAB capacity shortage has created a high demand, low supply market scenario for OLED. There has been a steady increase in Wafer price in the past few months, as well as longer LEAD time (up to 6 months) since FAB capacities are completed booked.
We sincerely request you to plan your plan your production schedule accordingly and provide us your forecast at least 6 months in advance so that we can secure wafer production capacity for you.
We are also forced to make adjustments in our OLED prices, and will be releasing the revised prices in next 2 weeks. For any OLED project that you might have, please check with us before accepting any order as old quotations are no more valid.
We understand this might disrupt some orders but we will work with closely with you to minimize the impact.