LG Display will supply OLED displays for Sony - possibly for folding smartphones

LG   Display and   Sony agreed on   supply of flexible OLED-displays for smartphones of the Japanese manufacturer. Sony already uses them   displays in   their TVs, and   at   In due time this was a very good decision.

What is it for?

Now Sony smartphones occupy a very modest share of the   world market , but   here u   myself on   the motherland is second only to Apple, occupying 14.9% of the market. AT   back breathe Samsung (8.2%), Sharp (7.3%) and   Fujitsu (8.9%). Not   it is excluded that with   flexible screens LG   Display company will finally " modernize " its devices or think about   release of folding smartphones, thus recovering the place under the sun on   world market.

Successful experience

Release of TVs with   OLED has become a successful step for the Japanese company: in the   In the first half of 2017, profits broke all records for   the last 10 years. AT   As a result, the manufacturer increased annual sales of TV   from   12 to   12.5   million units.

Yes   and   for LG   Display new contracts are now needed. Because of the fall in prices for   panels and   unfavorable exchange rate fluctuations, net profit for   The fourth quarter of 2017 decreased in   19 times by   compared to   the indicator of the same period of 2016. Total annual revenue decreased by   10.2%.

Source: Business Korea