BOE will start supplying iPhone 12 OLED panels this month

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 has failed to obtain Apple’s verification of OLED screens twice this year.

The chief analyst (Joyce) of RUNTO’s mobile phone industry chain believes that as BOE enters the iPhone flexible AMOLED supply chain, the number of suppliers has reached three. In contrast, Samsung Display entered in 2017, and LG Display entered in 2019. It is almost impossible for Apple to continue to look for suppliers.

According to industry information, Samsung will supply 130 million OLED panels for the iPhone in 2021. BOE and LG forecast 10 million and 40 million, respectively. BOE’s internal iPhone OLED panel shipments in 2021 are higher than market forecasts and may be doubled to 20 million pieces.

It is also reported that BOE’s Vice President (Chang Cheng) predicted at the Mianyang Science and Technology Expo (in September 2020) that the global flexible OLED panel market will reach $49.7 billion in 2024, and BOE hopes to account for 40%.