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SDC To Get A Boost In 2H20 With 70m OLED Panels For Apple
July 19, 2020
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Apple may have paid Samsung Display an additional $1b for not ordering the number of OLED displays demanded by their contract, but UBI reported that Samsung is expected to ship 70m units of flexible OLED panels to Apple in 2020, up from 48m in 2019, while LG will ship 18 million units. Shipment of Samsung's flexible OLED to Chinese smartphone OEMs are expected to triple this year which will make up for an expected decline of 17% for the upcoming Galaxy Note 20, according to UBI Research. UBI's noted that the total shipment for flexible OLED panels this year __ which includes LG Display, BOE and other vendors will be 215 million units. This will grow to 257.7 million units in 2021 and 320.4 million units in 2022 and 353.3 million units in 2023. In 2023, flexible OLED panel shipment will overtake those of rigid OLED panels for the first time, it said. This growth will mostly be led by Apple’s wide adoption of flexible OLED panels for its iPhone line-ups.