Samsung
Samsung

Samsung and LG benefit from Apple’s iPhone 16 surge

Key Points:

  • Samsung Display and LG Display have been approved by Apple for iPhone 16 OLED mass production.
  • iPhone 16 sales are projected to be the highest in three years.
  • Samsung and LG are set to dominate the OLED supply chain, with Samsung expected to produce 90 million units and LG 43 million units for the Pro models.

Apple has greenlit Samsung Display and LG Display for mass production of OLED panels for the upcoming iPhone 16, signaling a significant boost in the Korean manufacturers’ market position. This approval aligns with projections of the highest iPhone sales Apple has seen in three years, creating an anticipated surge in demand for their displays.

According to BusinessKorea, Samsung Display started the mass production of standard and Pro Max OLED panels this month, while LG Display is poised to begin with panels for the Pro models. Apple is strategically shifting from LCD to OLED displays across its product line, marking a substantial technological advancement.

Samsung Display is set to manufacture 90 million units, while LG Display will produce an estimated 43 million units for the Pro models. Despite Samsung and LG’s advancement, BOE has yet to secure approval due to its production issues with the iPhone 15 series.

Further solidifying their roles in Apple’s supply chain, Samsung Electro-Mechanics and LG Innotek will continue providing essential components. Samsung Electro-Mechanics will supply Multi-Layer Ceramic Capacitors (MLCCs), and LG Innotek is expected to deliver camera modules for the iPhone 16. This collaboration not only enhances the quality and capability of the iPhone but also cements the dominance of Samsung and LG in the high-stakes display market.

Blight Mojave
Blight is an aspiring Samsung enthusiast and technology aficionado, dedicated to exploring the extraordinary realms facilitated by cutting-edge innovations. He is passionate about Artificial Intelligence (AI) and its potential to transform industries, enhance human experiences, and shape a better future. Fascinated by the delicate beauty and he is captivating essence of flowers, finding solace in their presence. He is constantly seeking knowledge and growth, eager to connect with like-minded individuals and build meaningful relationships.
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