Apple supporting LG for a smooth supply chain of OLED display for upcoming devices

Apple has already invested billions in LG in helping it come up with OLED displays for future iPhones and compete with Samsung which is the only company capable of mass producing OLED displays.

    Apple is investing billions of dollars to help LG get started with the production of OLED displays iPhones lined up in 2018.

    Apple is already behind Samsung which is currently the only company with capabilities to design and mass produce OLED displays for smartphones. KGI Securities Analyst Ming-Chi Kuo recently published a report on the matter stating that the OLED display is the most problematic component for the company when it comes to production costs.

    Apple wants to get up to the mark with Samsung and is thus supporting LG in its efforts to produce OLED displays. Meanwhile, it also wants to reduce the supply risk for its iPhone lined up in 2018 and is thus providing LG Displays with resources.

    While speculations stand that the market penetration for LGD won't be more than 4%-6% in 2018 Apple hopes LG will gain substantial supply share in 2019. This will substantially reduce production cost for the future devices from Apple.

    Kuo pulled out a prediction in his report that LG will capture 10-20 percent of iPhone OLED display production in 2019 and up to 20-30 percent in 2020.

    He also mentioned that General Interface Solution (GIS), a Foxconn subsidiary, will join LG to assist with lamination processes. GIS is also supposed to offer its expertise in resolving production issues and providing vertical integration with Foxconn. Foxconn's partnership with LG to provide for a smooth supply chain for Apple.

    Read More About: lg apple oled displays mobile news
    X

    Stay updated with latest technology news & gadget reviews - Gizbot

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more