Apple purchased 75.5 million LCD panels for use in the production of iPads in 2021, with 25.3 million units coming from LG Display (LGD) and 24.5 million units coming from Sharp, respectively. In the meantime, China’s BOE Technology has become Apple’s largest supplier of iPad LCD panels, with 25.7 million units sold. According to The Elec, a publication based in South Korea, BOE Technology is anticipated to maintain its lead position into the year 2022.
An estimated 56.0 million LCD panels would be purchased by Apple in 2022, a decline of 25.7 percent from the year before. BOE is anticipated to supply 44.6 percent of the total with 25 million panels. In third place is LGD, which supplied 21 million devices (37.5 percent) and Sharp, which shipped 10 million units (37.5 percent) (17.9 percent ).
The BOE’s panel supply will fall by 700,000 units in 2022 when compared to 2021’s level of panels available. Supply from LGD and Sharp will decrease by 4.3 million units and 14.5 million units, respectively.
A 1.9 percent annual growth rate is predicted for MacBook LCD panel purchases of 26.8 million units by 2022. As compared to 2021, LGD is expected to supply 14.8 million panels, representing 55.2% of the market; Sharp is expected to supply 7.5 million panels, representing 28.0% of the market; and BOE is expected to supply 4.5 million panels, representing 16.8% of the market and possibly seeing an increase of 2.1 million panels as a result of lower quotes.
LGD will deliver 4.2 million panels for the 13.6-inch MacBook Air, while BOE will contribute 2.5 million panels.
In 2021, there were 261 million notebooks supplied worldwide, and the shipments in 2022 are expected to drop by more than 9% on year due to inflation. In contrast, worldwide shipments of MacBooks in 2022 are expected to decrease by only 4%.