Apple's tens of billions of dollars in investment in LG Display’s OLED technology is nearing its return. According to the South China Morning Post, LG Display is ready to become Apple’s second largest supplier of OLED screens, which will help Apple reduce its dependence on Samsung. Samsung is the exclusive supplier of iPhone X OLED screens.
The report pointed out that LG Display will start supplying OLED screens for the new iPhone from this year. The company has already received orders for 2 million to 4 million Apples. The OLED screens are said to be prepared for the 6.5-inch 'iPhone X Plus'. Although this part of the order accounted for only a small part of the total orders, but sources said that this will effectively help Apple to increase bargaining power, and ultimately reduce the cost of OLED screen.
Last month, according to Korean media ET News report, Apple will completely complete the transition of iPhone to OLED screen in 2019. To ensure that the OLED screen is stocked and to cut costs, Apple apparently has to seek more suppliers. Row.
According to the previous news, Apple’s false investment in the LG OLED product line was US$2.67 billion. According to the agreement, LG is currently building a production line specifically for the iPhone.
