LG Display provided Apple with the OLED display that is used in the Apple Watch
While it's true that LG Display is more widely known for producing OLEDs for television screens, the recent announcement of spending more than $8.71 billion for a new factory might signify a chance of producing the 200 million phones Apple annually ships worldwide. The two big names had already built a partnership in the past when it was reported that LG Display provided Apple with the OLED display that is used in the Apple Watch.
The said factory plant will be based on the South Korean city of Paju and set to open at the first half of 2018. According to a report by Nikkei, this plans might be a direct response to the plans of Apple in adopting the OLED technology in their devices. The Organic Light-Emitting Diode Display is known for providing high-quality images and colors compared to liquid crystal displays which are commonly used on mobile phones and larger screens. OLED also promises better power-saving capability and can be bent and rounded, giving flexibility to design.
OLED Display is known for providing high-quality images and colors compared to liquid crystal displays
To start the new plant, which is called P10, is set to produce large screens for TV, flexible car panels, and small devices including smartwatches. At present, Samsung Electronics is the sole producer of OLED smartphone screens which they used on their Galaxy line. However, for larger displays like TVs, both Samsung and Sony had discontinued OLED and stuck with LCD which is more budget friendly and easier to produce. Currently, only LG Display and Panasonic provide commercially-produced OLED TVs.
With high hopes for the future of OLED (and a great relationship with Apple for the future iPhones), LG Display is definitely set on reaping rewards from its OLED Technology investment. If the technology is continually improved and lessen the setbacks of using OLED, users should watch out for clearer and sharper displays in Apples offerings by 2018.
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