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Apple's OLED supplier shift gives LG fighting chance against Samsung

Panel maker to quintuple supply of latest smartphone screens

A customer tries out the iPhone 11 Pro Max, equipped with an OLED screen, at the Apple Store in Beijing.   © Reuters

SEOUL -- South Korea's LG Display looks to Apple to help it chip away at compatriot Samsung Electronics' dominance in OLED screens for smartphones.

Apple decided to equip this year's lineup of iPhones entirely with OLED panels. LG Display, which has endured six consecutive quarterly operating losses, is expected to fulfill much of this extra demand. The company will supply 20 million OLED panels this year, or five times the volume from the previous year, a source said.

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