According to a new report from South Korean publication The Elec, LG Display will increase its LTPO OLED panel supply share for the iPhone 15 Pro series. LG has reportedly expanded its LTPO OLED production capacity to accommodate the large demand for this year’s iPhone 15 Pro and 15 Pro Max. This development could spell bad news for Samsung which reportedly supplied up to 70% of all OLED panels for last year’s iPhone 14 Pro series.
As a reminder, LG suffered low LTPO OLED yield rates last year which limited the supply to Apple and in turn led to some shipment delays for the iPhone 14 Pro Max. This allowed Samsung to come in and take up additional display panel orders in place of LG but at a higher cost to Apple due to the short notice and extremity of the situation. LG and Samsung recently struck a deal which will see LG supplying OLED panels for Samsung’s 77 and 83-inch OLED TVs from 2024 to 2026.
Source (in Korean)
