Samsung Display says it has manufactured 300 million organic LED based display panels since production began in 2007.
While it took Samsung Display four and a half years to reach the initial 100 million production mark for OLED panels, the next 100 million units were produced in just eleven months, and the last 100 million units were produced in only seven months.
According to Kinam Kim, the president and CEO of Samsung Display, the company plans to "accelerate its OLED production by introducing the next generation OLED technology, including large-sized TV panels and flexible displays."
OLED displays have been used in smartphones, tablet PCs and digital cameras.
Samsung Display says it has 98% market share in the OLED panel market.