According to a report by RUNTO, a mobile phone industry analysis agency, BOE has officially passed Apple’s certification test. They are about to start supplying OLED panels for the iPhone 12 series soon. The supply of OLED panels is expected to start before the end of this month (December 2020).
Previously, South Korean media (The ELEC) reported that BOE had failed to obtain Apple’s verification of OLED screens twice this year.
Joyce, the chief analyst of RUNTO’s mobile phone industry chain, believes that with BOE entering the iPhone flexible AMOLED supply chain, the number of suppliers has increased to three. In comparison, Samsung Display entered in 2017, while LG Display joined in 2019. The possibility of Apple continuing to look for suppliers is almost zero.
According to industry sources, Samsung will supply 130 million OLED panels for the iPhone in 2021. BOE and LG are expected to supply 10 million and 40 million panels, respectively. BOE’s internal iPhone OLED panel shipments in 2021 are expected to exceed market expectations, possibly doubling to 20 million units.
According to reports, BOE Vice President Zhang Cheng predicted at the Mianyang Science and Technology Expo (in September 2020) that the global flexible OLED panel market would reach $49.7 billion in 2024, and BOE hopes to capture a 40% share.