OLED For iPhones? Apple Reportedly Planning New Displays From 2018
According to the report, LG Display is already planning capacity upgrades, with LG and Samsung likely to supply a large portion of displays for Apple.
LG has ramped up its OLED offerings in recent times, with Dr Sang Beom Han, LG Display CEO and president, recently stating at IFA 2015 that OLED represents a revolutionary leap in display technology.
“We are now living in an era of displays,” Dr Han commented. “Through displays, we share information. Through displays, we communicate. Through displays, we look into the future and dream about it.”
In August, Reuters reported that LG plans to put at least 10 trillion won (around $12 billion) primarily into OLED displays for large-screen televisions, along with flexible displays for smartphones and wearables, through to 2018.
LG had announced in July that it would invest 1.05 trillion won in a 6th generation flexible OLED display production line.
Nikkei reports LG Display plans to add a new large-scale line for OLED panel production in Paju, South Korea, projected to cost the equivalent of several hundred billion yen, with the board approving the plan soon.