as declared in OLED screens require these boards, suggesting that LG is prepared to ramp up OLED production if Apple taps its services in 2018. However, considering its strengths are in front-end process, collaborating with a specialized back-end process provider like GIS will, in our view, significantly boost iPhone OLED panel output rate. Apple might compete with Samsung when it comes to selling smartphones, but the iPhone maker still depends on Samsung for supplies. Don't Miss : Huge Apple leak confirms iPhone 8 design9to5Mac shared the details of a note from Kuo over the weekend, who believes that Apple is "committed to having LG Display geared up for its OLED iPhone display business in 2018."Samsung is now Apple's sole iPhone OLED panel supplier across front- and back-end manufacturing. This isn't the first we've heard about LG's rumored plans to join the iPhone supply chain in 2018 either.
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LG Display reportedly comes on board in 2018Kuo thinks Apple is "committed to having [LG Display] geared up for its OLED iPhone display business in 2018 as it seeks to reduce supply risks." Foolish takeawayOLED-based displays seem to be the next big step in display technology for Apple's iPhone and iPad. And now a July 28 report from The Korea Herald says Apple will invest $2.7 billion "in LG Display's (NYSE:LPL) OLED production for smartphones." The analyst then reportedly predicted that LG Display could get between 10% and 20% of Apple's iPhone OLED display orders in 2019, and then between 20% and 30% share in the following year. If LG Display can deliver, then that'd be great for it, great for Apple, and an obvious negative for Samsung's display business as it loses OLED display pricing power and unit share.
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