Citing sources familiar with the matter, a report on Thursday morning claims that LG Display will be delivering between 2 million and 4 million OLED panels to Apple for use in a future iPhone. If accurate, this would start to put a dent in Samsung’s supply dominance of the panel for Apple, giving the iPhone producer an option for the future —assuming LG can ramp up supply sufficiently.
“Securing a second supplier for OLED screens is crucial for Apple as it will allow the company to reduce its reliance on Samsung, which is currently the sole supplier,” said Jerry Kang, a senior principal analyst at IHS Markit told the South China Morning Post. “At the same time, it will help accelerate a broad adoption of OLED screens. More suppliers means more volume, and in turn, lower pricing.”