December 22, 2024

Apple to Consume 14% of Global OLED Production This Year

Posted March 16, 2017 at 3:47pm by iClarified · 8589 views
Apple will reportedly consume 14% of global OLED production this year as it launches its first smartphone with an OLED display.

Samsung currently produces most of the global output of OLED panels and the two companies together will consume 70% of this year's supply.

Apple is expected to receive delivery of 75 million OLED panels from Samsung Display in 2017, which will account for 14% global OLED panel production for the year. Samsung Electronics will receive 56%, thanks to in-house production of the needed panels. China-based vendors Oppo and Vivo are expected to secure 13% and 10%, respectively, of the global production of OLED panels in 2017 as the two vendors have signed guarantee purchase agreements with Samsung Display, indicated the sources.

LG Display is expected to ship its OLED panels in 2018. China-based BOE Technology may not begin shipping OLED panels until 2020.

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