LG said customers still eager for LCD LCD screen demand

Jun 23, 2021

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LG claims that customers are still eager for the demand for LCD screens? Are there many people who don't understand what it means? Then they don't know what they mean, and sometimes they blindly touch them, which leads to unnecessary troubles, but don't worry about any problems. Next, let me introduce to you that LG claims that customers are still eager for LCD screens, so that you can learn more about this aspect. I believe you will gain after reading it!


As a supplier of iPhone LCD liquid crystal displays, LG Display said that although there is a lot of news about iPhone 8's weak sales, customer demand is still very strong! The company's chief financial officer also mentioned that their Quarterly profit increased by 80 percent , higher than expected performance!


Foreign media also mentioned that LG Display expects LCD screen shipments to continue to rise this quarter.


"The sales of LCD panels for mobile devices are very good, partly due to Apple's latest iPhone. KTB Investment Securities analyst Kim Yang-jae said: "Although the prices of large LCD panels have been declining, LG has been able to make high-quality products. On the basis of good performance. "


In addition to providing LCD screens for the iPhone, LG Display also created Apple Watch screens for Apple, even though these screens are OLED screens instead of LCD screens.


For LG Display, although the current LCD screen shipments are still strong, they certainly want to grab more iPhone OLED screen orders from Samsung. Moreover, there was also news that Apple has begun to work with LG Display to create a foldable iPhone.


Currently, Samsung is the exclusive supplier of Apple's first OLED mobile phone iPhone X. For next year's new iPhone, it is expected that the South 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 cooperation with its long-term LCD supplier LG Display to achieve supplier diversification. The OLED panels supplied to the iPhone will be manufactured on the E6 production line as early as 2019.


There is also news that Apple is considering investing in LG's E6 production line to promote the latter's OLED production. A source said that the two companies have initially negotiated an investment agreement, but the specific details have not yet been finalized.


So in the past two years, LG certainly still hopes that the demand for LCD screens is still so strong.


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