Apple’s iPhone 16 has experienced a rocky start, with initial sales figures falling short of expectations. This slump has heightened worries for South Korean display manufacturers, who heavily rely on strong performance from Apple’s flagship products.
Recent reports from South Korea highlight that LG Display (LGD) is among those most affected. The company now faces significant hurdles as it navigates through this unexpected downturn. While the iPhone 16 launch was highly anticipated, the lower sales have introduced a series of challenges for LGD and other suppliers intertwined with Apple’s success.
