The LG Display illustrated this issue in its submission to the regulator on December 6, 'The details of the OLED display for the Apple iPhoneX have not been finalized yet. Once the details are finalized, we will release them to the public or publish them within 1 month It's no surprise that while LG Display's statement is rather vague, it appears to confirm that the two companies are discussing possible deals, and that Apple has been using LG's LCD screens on the iPhone for many years. , Samsung is the only OLED display manufacturer to meet Apple's demand on iPhoneX's OLED display, which is why Apple CEO Tim Cook chose Samsung as the sole supplier. Media reports said Apple and Samsung signed an agreement to supply 67 million iPhone X OLED displays.
According to market research firm Counterpoint, Apple expects to sell 130 million iPhones X in the next two years, which means LGDisplay has a chance to take a slice of it.
In November, LG Display announced that it will invest 150 trillion won ($ 13.7 billion) in the production of OLED displays for television and mobile phones in the next three years, two-thirds of which will be used in smart-phone OLED displays. The increase in investment may Will enable LG Display to align with Samsung in OLED display quality and output.