BOE Secures Initial Display Orders For iPhone 15, May Become Overtake Samsung As Biggest Panel

China’s BOE has secured first orders for the upcoming iPhone 15 and iPhone 15 Plus, and Apple’s display supplier could overtake Samsung as the largest iPhone display provider by 2024, according to a well-known Apple analyst. Liszt Ming-Chi Kuo said. Apple has various suppliers that make iPhones, iPads and other his Apple devices.

BOE could also become the largest supplier of iPhone 15 and iPhone 15 Plus displays this year.

According to Kuo, China’s BOE has surpassed Samsung to secure most of the new iPhone 15 and 15 Plus display orders for 2H23. If development and production go smoothly in the coming months, BOE will become the largest display supplier for the iPhone 15 and 15 Plus, with a market share of around 70% and Samsung’s share of 30%.

BOE plans to begin mass shipments of LTPO displays for high-end iPhones in 2024, with Samsung and LG Display also suppliers. If BOE can win orders for 20-30% of high-end iPhone LTPO displays for 2H24 and maintain around 70% market share for low-end iPhone displays for 2H24, BOE will probably become the largest supplier of displays for iPhone. . 2H24’s new iPhone.

Key growth drivers for China’s BOE to profit from new applications over the next two to three years include Apple’s medium to large OLED displays, Apple’s medium to large mini-LED displays, Includes a more affordable foldable display.

Samsung, meanwhile, became the top OLED display provider with last year’s iPhone 14 lineup, South Korean tech publication The Elec reported in November.

Samsung Display supplies over 70% of the OLED panels used by Apple in the iPhone 14 series. This is due to the company’s dominant position bolstered by the setbacks of its rivals LG Display and BOE, he added, citing sources in the Elec report.