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Apple’s iPhone 16e boosts OLED demand, SDC and LGD adjust strategies for stronger sales and recovery

Apple recently unveiled the iPhone 16e, its first budget iPhone model that features an OLED display. Analysts now speculate that Samsung Display (SDC), once less invested in the affordable iPhone market, may expand its supply, while LG Display (LGD) is betting on strong sales of the iPhone 16e to help drive a much-needed recovery for its business.