April 20, 2024

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[ET NEWS] LG Display is expected to start its first OLED shipments for the iPhone in the latter half of this year, with related talks with Apple being finalized soon, according to industry sources on Jan. 2.

The first shipments will not be large, totaling about 15-16 million screens for the year. Samsung Display, the sole OLED supplier for the current iPhone X, produces more than 10 million screens per month.

Related:
Samsung plans to sell 320m smartphones this year
Apple teams up with LG Display for foldable iPhone


Apple plans to diversify OLED models this year. Sources said LG Display is likely to produce larger 6.5-inch screens, while Samsung Display will focus more on producing smaller 5.8- or 6-inch screens.

LG Display will start production in the second quarter at its E6 plant in Paju, Gyeonggi Province. The plant, consisting of two OLED production lines, has a monthly production capacity of 6 million OLED screens but its full-capacity production is expected to start next year considering its still low yield rate.

By Bae Ok-jin (withok@etnews.com) (jylee@heraldcorp.com)
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