If the Pixel density differs ( a lot ) then yes it doesn't matter. But you still need economy of scale. This doesn't matter as much now because current LCD panel industry is essentially left over by Smartphone market. So you get a lot more flexibility than trying to print millions of the same 16:9 panels.
No up to date number ( Because I no longer care as much ). Before pandemic and chip shortage the trajectory was OLED will be cheaper than LCD by 2022/ 2023. That is excluding other benefits like thinner display so you could fit larger battery and higher res ( spec ) numbers for better marketing. It is only a matter of time before LCD get completely squeezed out on Smartphone.