LG Display updated their OLED TV sales forecast to 2015 and 2016, stating that they now expect to sell between 400,000 and 500,000 OLED TVs in 2015 and a million TVs in 2016 - down from 600,000 TVs in 2015 and 1.5 million in 2016.
There are several reasons for LG`s production cut - first of all LG sees a larger 65" TV (and 77") share then they expected - more people are buying 65" OLED TVs rather than 55" ones, which means that less TVs are being produced overall. The expect to see
a further decline in the 55" OLED TV share - to 60% in 2016.
<Source: Oled-info>
