This company may overtake LG as OLED supplier for Apple iPhones

Chinese display manufacturer BOE will reportedly overtake LG as OLED supplier to Apple. According to a report by TheElec, the company is ramping up its production to manufacture smartphone flexible OLED panels for Apple. As of now, the company’s B7 and B11 factories situated in Sichuan province in China manufacture OLED panels for Apple and now CEO of analyst firm UBI Research claims that other factories of the company will also make OLED panels for Apple.
Currently, Samsung is Apple’s largest OLED supplier followed by LG. As per the report, Apple is expected to ship 240 million units of OLED iPhones by 2022 and Samsung Display will aim to provide 150 million units of OLED panels, LG Display will aim for 70 million units of OLED display panel and BOE is aiming for 50 million units of OLED panel. This means that BOE can aim to overtake LG Display in shipment in 2023, the CEO of the analyst firm added.
According to a previous report by TheElec, LG has started to develop OLED panels for the 12.9-inch Apple iPad model as well. Apple is preparing to launch two new iPad models with a low-power LTPO OLED display in 2023 or 2024 and LG is developing a panel for that device. The report further says that Samsung is also expected to make OLED panels for the Apple device after the deal for 10.8-inch iPad Air went sour.