According to a new research report, thanks to Apple's Apple Watch's dominance in the smart watch market, last year LG Display's AMOLED panel shipments in the smart watch market beat all competitors.
On July 10th, the recent Korean media BusinessKorea quoted research firm IHS Markit as saying that in 2017, LG Display's AMOLED smart watch panel shipments were approximately 10.64 million units, accounting for 41.4% of the market. The next competitor is Samsung, a LG fellow, with a shipment of 8.95 million units.
Last year, LG Display and Samsung Display were both suppliers of Apple's Apple Watch smartwatch display, which together supplied 14.75 million displays to Apple, of which LG's supply reached more than 70%. Although Apple has never publicly disclosed the sales of Apple Watch, each time it is vaguely boasting strong sales performance, but the panel supply side also reflects the sales performance of Apple Watch.
Of course, Apple Apple Watch can become a leader in the smart watch market, mainly thanks to the iPhone's global popularity, and the close integration of Apple Watch watches and their own ecology. However, Apple also got some inspiration from competitors and started to separate Apple Watch products from the iPhone, so we saw the addition of LTE modules in Apple Watch Series 3.
For a long time, LG Display has been the main supplier of Apple's display panels. In addition to Apple Watch, LG Display also supplies Apple's LCD display panels for products such as iPads and Mac notebooks. After all, LG Display's main production capacity is still concentrated on LCD panels. .
This year, LG's position among Apple's panel suppliers is expected to increase further, as there are rumors that a small portion of Apple's next-generation iPhone's OLED panel will also be provided by LG Display. According to the reported figures, this supply is about 2 million to 400. Ten thousand, or 3 million to 5 million.
Although LG's OLED mobile phone screen is relatively weak for a long time, especially in terms of production capacity, coupled with Apple's high-spec customization requirements, it is more difficult to achieve capacity acceleration in a short period of time, but there will be more LG OLED screen iPhones after the 2019 production line is fully opened. Spread the goods.