Apple is investing about $3 billion in LG

Periskopi

29 July 2017, 14:28(9 years ago)

According to a new report from South Korea today, Apple is reportedly investing about $2.7 billion in LG Display. The point of this is to ensure a stable supply of O panels LED for future iPhones, those that come in 2018 and beyond. We've already heard Apple has in [...]

The point of this is to ensure a stable supply of O panels LED for future iPhones, those that come in 2018 and beyond. We've already heard Apple plans to go O LED for her cell phone starting next year, and that confirms it.

Investment will basically serve as preliminary payment for O panel LEDs that will be produced in the future.

Apple's been saying she made a deal with Samsung about the O screen. The LED of iPhone 8 coming this year, but the company traditionally does not like to rely on a supplier for a share.

In addition, it must make sure there are enough O panels LEDs lined up for the next generations of iPhones. Going all over with O The LED will require much more screens from 2018 onward, compared to what is needed for iPhone 8 to 2017.