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LG Display will no longer supply Apple with LCD panels for certain iPhone models

A new report from Korea’s The Elec (via ) says that LG Display will no longer be supplying LCD panels to for the low-priced model. The company will continue to sell a small amount of OLED to Apple for the . The factories that LG Display used to manufacture LCD for Apple will now make in-vehicle displays.
The reason for LG Display’s decision to back out of producing LCD panels for Apple might have to do with its inability to make a profit from the business. Starting with last year’s iPhone 12 series, Apple’s new high-end models use OLED only which reduces the demand …

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