Component crisis causes mid-range smartphones to have OLED screens?

OLED screens help optimize visibility, clear colors, save energy, but at the same time raise the cost of phones higher.
By page Gizchina, There will be more and more mid-range and high-end smartphones with OLED screens in 2021. According to some industry experts, it is the shortage of LCD screens that has rapidly changed the use of OLED screens.

If the prediction is correct, mid- and high-end phones will be equipped with OLED screens, while LCD screens will be for more affordable models. The advantage of OLED screens is improved color reproduction and contrast, as well as the depth of dark areas. In addition, the LEDs are small in size, so they are also more suitable for a thin phone case, while saving more energy. The two technology firms from Korea have a plan to cooperate in the field of OLED screens, in which Samsung will buy OLED panels from LG to equip its products. Photo: The Wired. However, some are concerned that the switch to OLED technology will increase the cost of smartphones. Therefore, to reduce costs, technology firms will have to think of many different ways to cut production and installation costs, in which the use of low-quality screens is one solution. In addition, some recent sources also said that two Korean technology giants, Samsung and LG, will soon announce a cooperation in the production of OLED panels. Specifically, Samsung will for the first time in history buy OLED panels from LG to fit into its upcoming smart TV models. As expected, Samsung will probably buy about 4 million OLED panels from LG in 2022. In addition, it also plans to buy OLED screens from BOE, a Chinese technology equipment manufacturer, to equip some mid-range phones like Galaxy M.