Apple officially released its long-awaited iPhone 12 series handsets with 5G connection a few days ago. In addition, all iPhone models now have an OLED display for the first time.
Apple has released four new iPhone models this year: the iPhone 12, iPhone 12 Mini, iPhone 12 Pro, and iPhone 12 Pro Max. The phones are available in three screen sizes: 5.4-inch, 6.1-inch, and 6.7-inch.
As a result of the increasing demand for OLED panels on all models of Apple iPhone 12, shipments from Samsung Display and LG Display, the panels’ suppliers, have surged.
According to the source, LG Display supplied panels for the 6.1-inch display versions, namely the iPhone 12 and iPhone 12 Pro, while Samsung Display supplied panels for the 5.4-inch iPhone Mini and 6.7-inch iPhone 12 Pro Max.
By the end of the year, the Cupertino-based company is estimated to have produced roughly 70 million Apple iPhone 12 devices. Samsung and LG are projected to produce roughly 80 million OLED panels, with an additional 10% set aside as a reserve.
In this case, Samsung Display has a higher percentage of panels than LG Display. While LG is likely to offer 20 million OLED panels to Apple, Samsung is slated to provide roughly 60 million.
The figures show a considerable increase in orders for LG Display, which only supplied Apple with 5 million display panels last year. Samsung, on the other hand, has distributed approximately 50 million handsets.
BOE, a Chinese company, also tried to become an Apple OLED panel supplier, but it was rejected on the first try. However, there are rumors that BOE could supply Apple with panels later this year or next year.
For those who are unfamiliar, Apple introduced an OLED display with the iPhone X in 2017. The iPhone 11 featured two OLED-paneled models: Pro and Pro Max. This time, though, instead of an LCD screen, all four models in the lineup sport an OLED display.