According to a new report from the South Korean publication The ElectLG Display will increase its LTPO OLED panel supply share for the iPhone 15 Pro series. LG has reportedly expanded its LTPO OLED production capacity to meet the large demand for iPhone 15 Pro and 15 Pro Max this week. year. This development could mean bad news for Samsung which reportedly supplied up to 70% of all OLED panels for last year’s iPhone 14 Pro series.
As a reminder, LG experienced low OLED LTPO yield rates last year which limited supply to Apple and in turn led to some delays in shipping the iPhone 14 Pro Max. This allowed Samsung to enter and accepting additional display panel orders in place of LG, but at a higher cost to Apple due to the short notice and extreme difficulty of the situation. LG and Samsung recently reached an agreement that will see LG supply OLED panels for Samsung’s 77-inch and 83-inch OLED TVs from 2024 to 2026.
Start a new Thread