To do so, the Cupertino, California-based company will have to get its hands on millions of OLED screens. Samsung Electronics Co. currently dominates the market for smartphone OLEDs, making up 99% of shipments in the first half, according to IHS Markit. Samsung’s Galaxy S7 and Google’s new Pixel phones feature OLED screens, and dozens of models from Motorola, Oppo, HTC and other manufacturers also use the displays. For Japan Display, which has lost 80% of its value since listing in 2014, winning the Apple contract is both its biggest opportunity and risk. Japan Display went public in 2014, and after posting a profit that year, has been losing money.

Source: Mint October 17, 2016 04:47 UTC