Its most likely clear by now that just the Pro designs of the iPhone 13 lineup will feature 120Hz LTPO OLED panels with the vanilla 13 designs to get 60Hz screens. Since only Samsung can make LTPO screens and it does not have the capacity to produce enough units, thats.
And only then Avaco can begin shipping equipment to LGs production plants. If all goes according to strategy, LG ought to be able to cover the non-Pro iPhone 14 designs and even start Samsungs iPhone Pro area. This ought to allow Apple to diversify its panel supply even further, reducing its reliance on Samsung.
Source
LG is hoping to step up its game and start producing the needed panels by next year. According to the Korean media outlet The Elec, the company might fulfill needs for the iPhone 14 launch. LG is already in talks with Avaco, which is a providing LTPO panel-making devices, and is awaiting Apples approval for the production line.