Apple has come close to signing a final agreement with LG Display and Samsung to provide OLED screens, which was rumored to be included with next-generation iPhones in 2018. Both LG and Samsung are planning to spend US$12.8 billion (approximately RM551 billion) together in order to build up the OLED production capacity over the next two to three years.
‘ET News’ reported that Apple is likely to provide support to both Korean companies with their investments. LG was already planning capacity upgrades for high volume OLED productions, which would be required to meet iPhone demand. It was also reported that earlier this month, Japan Display was planning to mass produce OLED displays for iPhones starting in 2018.
Compared to LCD, OLED displays can provide crispier, sharper images and brighter colors. However, conditions such as the high manufacturing costs and short lifespan appear to be potential drawbacks of these displays. MacRumors reported that Apple is consulting with display makers on ways to minimise these drawbacks.