South Korea’s display industry welcomes business opportunities: Samsung and LG successfully supply iPhone 15 displays

News on August 18, iPhone The release date of the 15 series of smartphones is gradually approaching. It is understood that Apple plans to officially release and launch this highly anticipated series in September. In order to ensure sufficient supply during the initial launch period, mass production of this series of mobile phones began in August. At the same time, key components such as chips, cameras, batteries, and displays are also being equipped on time to ensure that partners can complete the assembly work efficiently. It is expected that the shipments of relevant OEMs will increase significantly in August to meet users' urgent demand for new iPhones.

According to my understanding, Korean display manufacturers are facing a rare business opportunity. According to previous reports, Apple has approved Samsung Display on August 1 to start mass production of OLED displays required for the iPhone 15 series, making it one of the main display suppliers for the series. Samsung Display will provide displays for four phones in the iPhone 15 series. Soon after, news broke that Apple had also approved the display needed for LG Display to start producing the iPhone 15 Pro, and it was expected that the display for the iPhone 15 Pro Max would also be approved soon.

This news is very important to South Korea It is of great significance to the display screen manufacturing industry. According to data released by the Ministry of Science and Information and Communications Technology of South Korea, although the export value of South Korean display screens in July fell by 5.4% year-on-year, it increased by nearly 20% month-on-month compared with the previous export value of US$1.6 billion in June. This growth was mainly driven by the opportunity for Samsung and LG to be allowed to supply iPhone 15 series displays in bulk. It is expected that as the two Korean companies begin to supply displays, South Korea's display exports are expected to continue to grow in August, and may even exceed the US$2.1 billion in August last year

To sum up, iPhone The mass production and supply of the 15 series is an important business opportunity for Korean display manufacturers. As Samsung and LG have successively been approved to supply displays for this series of mobile phones, South Korea's display industry is expected to usher in further growth in August. This will also have a positive impact on the overall development of South Korea's technology industry

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