As the iPhone LCD screen suppliers, LG Display said that although there are many reports on the weak sales of iPhone 8, but the customer's demand is still very strong! The company's chief financial officer also mentioned that their quarterly profit rose 80%, higher than expected performance!
The foreign media also mentioned, LG Display LCD screen shipments in the quarter will continue to rise.
"Mobile LCD panel sales are very good, in part because Apple's latest iPhone. KTB investment securities analyst Kim Yang-jae said:" Although the large LCD panel prices have been declining, but LG has been able to quality products On the basis of good performance. "
In addition to providing LCD screen for the iPhone, LG Display also for Apple to create the Apple Watch screen, although these screens are OLED screen rather than LCD screen.
For LG Display, although the LCD screen order shipments are still very strong, but they certainly want to grab from the hands of Samsung iPhone OLED screen more orders. And before the news that Apple has begun to work together with LG Display to create a foldable iPhone.
At present, Samsung is Apple's first iPhone mobile phone iPhone X exclusive supplier. For next year's new iPhone, it is expected that this Korean technology giant will still be the only supplier. While Samsung has almost monopolized the mobile OLED panel production market, Apple has been strengthening its long-term LCD supplier LG Display cooperation to achieve the diversification of suppliers. The OLED panel for iPhone will be the first to begin manufacturing in the E6 line in 2019.
There are also news that Apple is considering investing in LG's E6 production line to drive the latter's OLED production. The source said the two companies have initially agreed on the investment agreement, but the specific details have not yet finalized.
So that the last two years of time, LG, of course, or hope that the LCD screen needs, is still so strong.