Apple Is Said to Get Second Supplier for OLED Used in iPhones

The video discusses the high pricing of OLED screens and Apple's efforts to diversify its suppliers by collaborating with LG. Samsung currently holds a monopoly as the sole supplier, giving it pricing power. Apple aims to leverage LG as a second supplier to negotiate better prices. Although LG's involvement is a significant development, it may not lead to immediate adoption of OLED screens across all iPhone models due to ongoing pricing and demand challenges.

What is one of the main reasons for the high cost of OLED screens?

• Expensive materials

• Complex technology

• Limited suppliers

• High demand

Why is Apple interested in having LG as a second supplier for OLED screens?

• To reduce dependency on Samsung

• To enhance screen durability

• To increase production speed

• To improve screen quality

What advantage does Samsung currently have in the OLED market?

• Sole supplier status

• Better marketing strategies

• Cheaper production costs

• Exclusive technology

What is a potential benefit for Apple if LG successfully becomes an OLED supplier?

• Faster delivery times

• Better pricing leverage

• Improved screen resolution

• Increased brand loyalty

What challenge does Apple face in adopting OLED screens for all its iPhones?

• High competition

• Insufficient production volumes

• Technical limitations

• Lack of consumer interest