LG OLED Expected to Supply Apple in Large Quantities in the Second Half of the Year

[Asia Economy Reporter Changhwan Lee] It is anticipated that LG Display's OLED (organic light-emitting diode) panels will be supplied in large quantities for Apple's new iPhone models.

On the 28th, Japan's Nihon Keizai Shimbun reported that LG Display will supply approximately 20 million OLED panels for the new iPhone (iPhone 12 series) launching in the second half of this year.

This is estimated to account for 20-25% of Apple's new products in the second half of the year.

For the iPhone 11 series released last year, Apple used OLED panels for two models and LCD (liquid crystal display) panels for one model. LG Display supplied about 5 million OLED panels to Apple among these, but its share was minimal compared to Samsung.

Samsung OLED, the strongest player in smartphone mobile OLED, dominates over 90% of the mobile OLED market and is known to hold a 97-98% market share for Apple's mobile OLED panels.

However, if LG Display supplies 20 million panels to Apple in the second half of the year, Samsung's overwhelming market share is expected to decrease, leading to a competitive landscape between LG and Samsung.

This content was produced with the assistance of AI translation services.