With the technology having boosted its TV business, LG is now also in the field of smartphones
Apple will switch from LCD to OLED panels for it’s next generation iPhones. These new phones will be introduced next year and will be a bonanza for Samsung Display. This switch will represent an opportunity for LG Display to supply to Apple competing with market leader Samsung Display (90% market share). LG Display has become the world’s largest producer of large OLED TVs and has been seeking to enter the market for small OLED panels in a major way.
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