Samsung will lose Apple's Apple Watch screen order, and next year Micro-LED panels may be handed over to BOE for mass production.

CTOnews.com, January 8 (Xinhua)-- according to a memo released by market analyst Jeff Pu a few days ago, Apple's Apple Watch launched in 2024 will be equipped with Micro-LED panels. Since Samsung currently does not produce Micro-LED panels for small devices, this panel is likely to be provided by BOE.

If, according to Jeff Pu, Apple is going to switch to Micro-LED panels for the Apple Watch to be launched in 2024, it is already in the development stage and has even placed orders for Micro-LED screens with manufacturers.

But Samsung currently does not make Micro-LED panels for small devices, mainly for large screen devices such as televisions. As a result, Apple's Apple Watch with Micro-LED panels is unlikely to be mass-produced by Samsung, and information on the supplier is not yet clear. However, given that Apple has increased the supply of screens in BOE, there is a good chance that the Micro-LED panel will be made by BOE.

CTOnews.com learned that Samsung is struggling with depressed revenue and operating profits due to falling consumer demand. If Apple's Apple Watch is made by other companies such as Beijing Oriental next year, it will undoubtedly be a huge loss for Samsung.

Samsung is so concerned about the ongoing crisis that Lee Jae-yong, the company's executive chairman, reportedly held a meeting with the heads of all the company's departments on the first working day of the new year and asked them to immediately draw up contingency plans. to deal with falling consumer demand and income.