According to the latest report, display panel manufacturer BOE recently signed a contract with Apple to supply organic light-emitting diode (OLED) panels to the iPhone 14, which will be released in October this year.

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So far, BOE has been limited to supplying Apple with replacement (refurbished) OLED panels for older iPhones, and this year is the first time BOE has supplied OLED panels to new iPhones. The market share of Samsung Display and LG Display, which supply 100% OLED panels to the iPhone, is expected to decline.

Moreover, Korean media Chosun-biz reported that BOE signed an OLED panel supply agreement with Apple for the iPhone 14 earlier this month, and will start supplying OLED panels in June. The panel is an iPhone 14 standard 6.1-inch LTPS-TFT OLED panel. Supply is expected to reach 50 million units. That’s about 25% of the iPhone 14’s display supply.

Previously, Apple used 100 percent of OLED panels from Samsung Display and LG Display in its new iPhones. In the iPhone 13 launched last year, Samsung Display supplied 77 million OLED panels, accounting for 73% of the total 106 million OLED panels. LG Display supplied 29 million sheets, accounting for 27%. BOE only supplies a limited number of OLED panels for replacement and repair.

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