LG Expanding OLED Production as Apple Plans to Move More Devices to Use This Technology in the Future

LG is rumored to be investing a sizable amount merely so it tin can mass produce OLED screens for Apple to use in future devices. According to numerous reports, the California-based giant aims to gravitate to OLED technology for iPads, and though the transition will be boring, LG likely wants to be set for when it starts receiving orders.

LG Display May Invest $2.81 Billion to Produce OLED Panels for Apple

According to ITHome, which claims to accept spotted regulatory filings of LG'southward investment, the Korean manufacturer aims to invest 3.three trillion won or $2.81 billion for OLED product expansion. Since Apple's partnership could go a lucrative opportunity, it tin can be said that the investment made was primarily done to secure futurity dealings with the iPhone maker.

However, the increment in production capacity is reported to happen by March 2024, and by that time, Apple may have already secured supply chain deals with the likes of BOE. Samsung will probable continue its run of being the company'southward primary OLED supplier, with a previous rumor claiming that both it and Apple have secured a partnership in which Samsung received 120 million OLED orders for future iPad models.

Apple is expected to accept advantage of mini-LED for iPads at this time, but according to a previous report, it will switch to OLED in 2023. A previous investigation showed that mini-LED on the premium tablet causes a blooming effect due to the lack of dimming zones. Ross Young commented that this 'halo' effect could be mitigated with the use of OLED technology, something which Apple tree could be testing on a tablet prototype this very moment.

Unfortunately, as advantageous as OLED would be on an iPad, it comes at a cost, literally. Assuming Apple tree only has Samsung to rely on for iPad OLED panels, it could be a costly venture, which is why LG's investment is an important evolution for Apple as it not merely will provide LG with sizable orders, but Apple will proceeds a stronger negotiation hand when it comes to pricing of this component.

Unfortunately, we do not know if Apple volition laissez passer those savings to customers, only when the first OLED iPad arrives in 2023, we will update our readers, and so stay tuned.

News Source: ITHome