Chinese company BOE has reportedly inked a deal with Cupertino-based tech giant Apple for the production of the iPhone 14 display. The deal is reported to be worth 50 million yuan ($7.75 million) and will see BOE producing up to a quarter of the OLED displays for iPhone 14. BOE is China’s leading OLED manufacturer and the second in the world after Samsung.
BOE will provide the 6.1-inch panels that will be present in the vanilla iPhone 14 models only. Higher models from the upcoming iPhone 14 series are excluded from the arrangement. These higher models (iPhone 14 Pro, Max, etc) will still be catered for by LG and Samsung. The new business is a boon for BOE which is entering the current iPhone production trajectory for the first time. BOE however already has a functional partnership with Apple for the production of replacement versions of current models and panels for older iPhones.
BOE is also reported to have made inroads into the iPad and MacBook production with reports that it will supply OLED panels for next-generation iPads and MacBooks. The new Apple-BOE partnership will see BOE expanding its Sichuan plant to meet the demand, as well as equipping it with the requisite power requirements.
BOE is riding on the back of a very strong performance in OLED panels’ development and production within the last year. BOE had a 60% increase in OLED production last year to cement its leading position in the market.
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(source)
