LG will be sole supplier of Apple Watch display

By

apple-watch

Becoming a supplier for an Apple product is big competition among Asia Pacific suppliers, but Apple will rely on just one supplier to make all of its Apple Watch displays this year, reports J.P. Morgan analyst J.J. Park.

LG Display will be the sole supplier of the p-OLED display for the Apple Watch, according to Park’s recent note to investors. His firm also predicts LG’s stock could jump as much as 25% because of the new deal.

J.P Morgan estimates LG’s Apple Watch deal could generate $1.4 trillion in revenue for the company in 2015, assuming the average sale price for a tiny p-OLED is $45 the entire year. The team forecasts Apple will ship 29 million watches this year. By 2016 that number could more than double to 61 million based on their projections.

Samsung has also been identified as one of the suppliers of the 32bit S1 processor. The System-in-Package module might be made by ASE while the chip package could come from Amkor and STATS.

Tim Cook revealed that Apple Watch is schedule to ship in April, though a firm launch date hasn’t been announced. An event is expected to be held in March or early April to give customers full details on features, pricing, and launch.

Source: Barrons