68% of all smartwatches shipped in Q1 2015 use an LG display

According to market research firm DisplaySearch, LG Display is the dominant force in the smartwatch display market in terms of both shipments and revenues. During the first quarter of the year, LG Display obtained a market share of 66.8 percent based on units shipped, and a whopping 90.9 percent share of the revenues.

Although a lot of this success has to do with LG being the only display supplier for the Apple Watch, LG also has a few smartwatches of its own, ranging from the original LG G Watch to the more recent LG Watch Urbane.

The research firm estimates that LG Display was able to generate revenues of US$186 million, a 90.9 percent slice of the pie. Samsung Display took the second place in the revenue race, with just 3.1 percent, followed by Japan Display with 2.4 percent of revenues, and Futaba with 1.8 percent of the pie.