South Korea’s LG Display has recieved the nod of Apple Inc. as a second supplier for organic light-emitting diode (OLED) screens for iPhones, Korea-based tech news site, Electronic Times, has reported.
Samsung Display, a unit of Samsung Electronics, was the sole supplier of OLED displays for Apple until this new deal. Officials of both organisations are yet to confirm formally.
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.
LG’s mainstay, older-technology liquid crystal display (LCD) business is struggling with Chinese rivals and panel price declines. The “budget” iPhone XR model unveiled by Apple recently, uses an LCD screen instead of OLED.
In June, it was reported that LG could supply 2 million to 4 million OLED displays to Apple. This was after a report that LG was struggling to manufacture the screens and Apple was reconsidering the partnership.