BOE Technology Group Responds to Buzz Surrounding its Supplying Premium Displays for iPhone 13

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(Source: BOE)

Media outlet Nikkei Asia reported Wednesday that BOE, a Chinese display panel manufacturer, has been listed as a supplier of high-end displays for the new iPhone 13, citing several people familiar with the matter. A related employee from BOE responded that the company could not comment with specific information about its customers.

According to the report, people familiar with the matter said that BOE began to supply a small number of OLED displays for the 6.1-inch iPhone 13 at the end of September, and plans to increase shipments soon. It is waiting for the final validation, which will end as soon as this month, with emphasis on the durability of the screens.

“The final test is currently underway. According to the results of early samples, BOE should have no problem passing the test,” an executive with direct knowledge of the matter told Nikkei Asia. “The cooperation between Apple and BOE is based on their previous projects on iPhone 12. Both companies hope to achieve this goal as soon as possible.”

According to the report, BOE only supplies iPhone13 models with relatively lower prices, while the higher-priced iPhone 13 Pro and iPhone 13 Pro Max are still supplied by Korean enterprises. However, this development represents a leap for BOE, which previously only provided OLED screens for repaired and refurbished iPhones. It is the first time that the company has provided OLED screens for Apple’s latest flagship.

The report shows that BOE will share the iPhone 13 display order with Samsung Display, accounting for about 20% of the total order. People familiar with the matter also said that in the most optimistic case, BOE aims to get 40% of the orders from Samsung.

SEE ALSO: BOE’s Shipments Of Large Size LCD Panels Surpass LG, Now First in The World

BOE previously disclosed that the company’s AMOLED business has not yet yielded profits while its flexible product shipments continued to grow. The flexible OLED products shipped about 25 million pieces in the first half of the year, which continued to maintain substantial growth year-on-year. The shipment has continued growing after entering the third quarter.

BOE’s interim results report this year shows that the main income during the period was over 107 billion yuan ($16.664 billion), up 89.04% year-on-year. The net profit attributed to the parent company’s owner was 12.762 billion yuan, up 1023.96% year-on-year.