Electronic Times on Wednesday reported that organic light emitting diode (OLED) screens will now be supplied for all Apple’s iPhones in the coming years, courtesy of Samsung Display and South Korea’s LG Display - Reuters wrote.
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OLED phone screens are thinner and offer better image and video quality than the current LCD display screens now used by most mobile phone manufacturers. They are also more energy efficient with longer lasting quality.
Electronic analysts had for years been speculating that Apple will start using OLED or some form of next-generation technology for its mobile phone products by some point and Nikkei newspaper in Japan stated that by 2018, Apple might deploy OLED screens for its iPhones.
The Electronics Times further reported that both LG Display and Samsung LG will be investing $12.8 billion into producing OLED to meet Apple’s demands over the next 3 years, and the investment will be a joint expenditure on the parts of both Korean companies.
It is not known whether Apple will be funding the expenditure in part.
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Both LG Display and Samsung Display would not speak on the issue, and Apple is not also willing to discuss the deal for the moment. Samsung Display already supplies OLED smartphone panels to Samsung Electronics and other Chinese phone makers, and is expected to win a larger share of the business from Apple than LG Display.