LG is currently the market leader when it comes when it comes to 4K OLED televisions. On the other hand, the company continues to use IPS LCD panels on its flagship handsets. Its latest flagship smartphone, the G6 too features an IPS LCD panel. Things could change soon however, as a new report out of South Korea claims LG Display is getting ready to supply OLED panels for the company’s new V-series phablet slated to release later this year.
LG Display will be supplying OLED panels to a few other manufacturers as well, including Xiaomi. It should be noted that LG Display has in fact been supplying flexible OLED panels in limited quantities for the Xiaomi Mi Note 2 since last year. Full-scale production hasn’t started yet, as LG display seems to be facing some problems in improving the yield rate. This year, sources claim, LG Display will be supplying OLED panels for the Xiaomi Mi Note device that is going to debut in the second half of this year.
Once LG begins production at its new E5 production lines for sixth-generation OLED panels, it will be able to produce 37,000 OLED panels per month. Currently, it produces around 22,000 units of fourth-generation OLED panels. With increased production capacity, LG Display is hoping that it can supply OLED panels for Apple’s iPhone models as well. While this year Apple is expected to release only one new model with an OLED display, the Cupertino-based firm is rumored to switch to OLED for all new iPhone models beginning next year. As of now, Samsung is expected to be the sole supplier of OLED panels for the upcoming iPhone 8 model with an OLED display. As some of you might know already, Samsung is the clear leader when it comes to small OLED panels for mobile devices, holding a 95%+ market share. Samsung has also started supplying slightly larger OLED panels for notebooks and desktop monitors in the recent past, but does not produce large OLED panels for televisions currently.