LG Display Picked as Second OLED Supplier for New iPhone Models: Report

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By Reuters | Updated: 14 September 2018 18:34 IST

South Korea's LG Display has been chosen as a second supplier for organic light-emitting diode (OLED) screens for Apple's iPhones, the Electronic Times reported on Friday.

Samsung Display, a unit of Samsung Electronics, was the sole supplier of OLED displays for Apple.

A spokeswoman at LG Display declined to comment. A representative at Apple's South Korea office was not available for comment.

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Apple introduced its largest-ever iPhone and a watch that detects heart problems on Wednesday in an attempt to get customers to upgrade to more expensive devices in the face of stagnant global demand for smartphones.

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The South Korean newspaper cited unidentified sources as saying that LG Display's flexible OLED panels recently passed a series of Apple's quality test.

If confirmed, the supply deal with a major smartphone maker could help LG Display gain a further foothold in the OLED display market. The South Korean company has high hopes for OLED business.

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LG's mainstay, older-technology liquid crystal display business is struggling with Chinese rivals and panel price declines.

© Thomson Reuters 2018

 

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Further reading: Samsung Display, LG Display
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