BOE Begins Supplying LTPO Panels for iPhone 17 Pro…UBI Research Highlights Intensifying Price Pressure

At the “2026 Display Strategy Seminar,” UBI Research analyst Junho Kim stated, “China’s BOE has started supplying LTPO OLED panels for the iPhone 17 Pro from August 2025, expanding its position as a supplier within Apple’s premium lineup.”

According to Analyst Junho Kim, BOE first entered Apple’s supply chain in 2021 with refurbished panels and has since supplied panels for the iPhone 12 through iPhone 16, primarily for standard models. Shipments increased from 18.7 million units in 2021 to 32 million in 2022, 41 million in 2023, and 43 million in 2024. In the first half of 2025 alone, BOE already shipped 23 million units, with full-year shipments projected to reach around 50 million units.

The supply of panels for the iPhone 17 Pro has been confirmed, but the situation differs for the iPhone 17 standard model. Certification schedules have been delayed, making mass production within the year unlikely. However, Apple has recently requested re-verification, leaving room for potential cooperation. Junho Kim added, “From 2026, the iPhone 18 series will adopt next-generation LTPO processes. Whether BOE can continue supplying will depend on yield performance, technological compatibility, and Apple’s stringent quality standards.”

Despite BOE’s expanding role in Apple’s supply chain, panel prices have continued to decline. The unit price peaked at around $55 during the iPhone 13 series but has fallen each year, reaching $40 for the iPhone 17 Pro LTPO panel—the lowest level to date. Junho Kim analyzed, “The fact that even high-complexity LTPO panels are being supplied at historically low prices underscores Apple’s strong bargaining power. Not only Samsung Display and LG Display but also BOE are under significant pricing pressure from Apple.”

Junho Kim, Analyst at UBI Research (alertriot@ubiresearch.com)

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