Apple plans to invest 1.7 billion U.S. dollars in LG's OLED production for Apple

[Global World Technology Reporter Chen Jian] Although Samsung is still the largest supplier of OLED panels within a few years, it will supply 92 million OLED panels in the next two years, but according to a report today, Apple has sought to find a supply chain. Diversification, not allowing Samsung to specialize in the United States, considering investing in LG Display’s $1.75 billion for OLED manufacturing.

Specifically, Apple and LG are seeking a deal to bring Apple's investment into LG Display's new "E6" OLED factory, specifically producing OLEDs for Apple.

However, it is still too early to expect LG's OLED capacity to climb. It is speculated that LG's OLED screen will be mass-produced in 2019. This means that within a few years, Samsung is still Apple's largest supplier of OLED components. In addition, the transaction has not been reached, Apple and LG are still in the negotiation stage, but LG has "preliminary" agreed to the investment plan, details are finalized is expected to be announced later this month.

According to reports, Apple has partnered with LG Display to invest approximately US$1.75 billion in the establishment of a new OLED production line for display makers specializing in Apple orders.

An anonymous industry source said: "Samsung's display screen is currently the only display screen manufacturer that meets Apple's strict quality standards." "The LG display is said to meet the 70% requirement, and Chinese display manufacturers are still trying to catch up. "At present, more than 95% of the smartphone OLED panel market in the market has been captured by Samsung.

For the iPhone rumors of 2017, it is said that IPhone 8 uses an OLED screen, while iPhone 7s and iPhone 7s Plus use an LCD screen. iPhone 8 is said to use a 5.8-inch screen, glass body, remove the HOME physical keys, support for wireless charging and have facial recognition.

Earlier this year, a report released by South Korea stated that Apple’s desire was to have an OLED screen for each iPhone in 2019. It seems that the deal between Apple and LG is well adapted to this future.