LG overtakes Samsung to be top smartwatch display maker
LG may not be selling as many smartphones and smartwatches as its rivals, but it has managed to be the top supplier of OLED smartwatch display for 2017.
Based on data published by market research firm IHS Markit, LG Display managed to supply a total of 10.64 million AMOLED smartwatch displays last year with a market share of 41.4%. Samsung is not far behind with a market share of 34.8% (8.95 million displays). LG’s lead over Samsung can be attributed to the Apple Watch; it accounted for 70% of the combined supply.
LG Display is reportedly the second supplier of OLED panels for Apple this year. Bloomberg estimated that LG Display will deliver between two to four million panels this year while the Korea Times claims the number is higher at between 3 to 5 million.
Source: Business Korea