LG Controls 90% of The Display Market for SmartWatch

Source www.cnet.com

LG Display has become the first manufacturer in the world SmartWatch screen. Recent research conducted by DisplaySearch has yielded interesting data on the state of the companies participating in the market for SmartWatch. According to this study, LG Display have entered $ 186 million during the first quarter of 2015 as a result of manufacturing panels Apple Watch. This number represents more than 90% market share for SmartWatch screen, which is valued at about 240 million.

As we have reported in previous articles, LG Display is the sole supplier of Apple Watch screen, so the company is benefiting from providing directly to SmartWatch aiming to become the first mass electronic device of this kind. Compared with LG Display, other companies such as Samsung Display and Japan Display have a residual market share of 3.1% and 2.1% respectively.

As the volume of shipments, it is believed that LG screens for Apple Watch have represented 68.8% of all shipments of screens for SmartWatch made during the first quarter, which translates to about 8 million panels. This is an increase of up to 8 times when compared to the 1.1 million units LG shipping in Q4 2014. It is followed by Japan Display with 1.48 million units and 1.12 million Futaba Sharp 900,000 units.

LG has managed to make significant improvements in the technology of their screens in recent years, a feat that has made them chosen by Apple Watch to take over 100% of panels. LG Display is known for its OLED screens poor performance, as well as being the first company to create an OLED circular screen, which is in SmartWatch last generation as the G Watch R or Watch Urbane, two devices manufactured by the LG own.

Samsung could become the second supplier of Apple Watch screens in its next-generation

However, as often happens with the rest of their product, Apple tends not rely 100% of the production of a screen as important as a component manufacturer only, so many rumors suggest that Samsung Display could join the manufacturing screens for Apple Watch for the next generation. As we read in 9to5Mac, by the time the production of smart watch apple still below demand, a situation that the company hopes to resolve in the coming weeks. LG Display’s strength can be attributed to several factors, but the company’s current place as the main provider of Apple Watch displays is definitely its biggest advantage.

Via 9to5ma