From last year's iPhone X, Apple began to embrace the OLED display. According to recent news, Apple will launch two OLED screens this year. Apple's change has caused its original LCD screen supplier to be hurt.
According to Nikkei, Japanese display panel maker Japan Display plans to raise 517 million U.S. dollars through third-party allotment and asset sales in order to obtain sufficient funds to provide LCD screen support for the new iPhone.
According to informed sources, the number of Japan Display preparations is expected to be around 50 million this year. Also, this year Apple is very interested in Japan Display's FullActive LCD technology.
Last year, due to Apple's selection of OLED screens, leading to the decline of Japan Display's performance, they decided to seek cooperation partners to produce OLED displays. However, now Apple also plans to re-use LED displays on certain devices. Therefore, Japan Display must not Do not raise some working capital to purchase inventory, and start LCE display production to meet Apple's needs.
According to Nikkei News, Japan Display’s reinvestment in LCD displays still poses a certain risk. Because if Apple completely abandons LCDs in the future and fully deploys OLEDs, Japan Display’s current large-scale investments may be affected.
