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profishingrods.com October 21, 2017


Apple placing bets on LG's display for an upcoming foldable smartphone

12 October 2017, 04:19 | Dale Webster

Apple placing bets on LG's display for an upcoming foldable smartphone

Apple placing bets on LG's display for an upcoming foldable smartphone

South Korean conglomerate Samsung raked in around Dollars 4 billion more in revenue from Apple iPhone X parts that it manufactures.

Developing a phone from Apple takes a minimum of 12 months before the device is officially launched and in order to get production underway, key elements of the device such as the design and hardware will be shared with its manufacturing partners.

And even with the December quarter iPhone unit cut in her forecast, her revenue forecast for the fourth quarter of this year is in-line with consensus, thanks to stronger than expected Apple Watch demand and our higher average selling price forecast.

Samsung built the OLED display for the iPhone X, which was one of the most leaked components in the history of the iPhone.

Apple also quietly patented a foldable iPhone concept, filing on August 28, a year ago - detailing a device which uses "carbon nanotubes" to allow the screen to fold while still working.




Samsung is Apple's biggest challenger in smartphones, but Cupertino still had to go to Samsung Display for the OLED on the iPhone X. Choosing LG instead could be a way for Apple to distance itself from its rival, avoiding technology leakage and keeping money out of Samsung Group.

The Bell cited people familiar with the developments and explained that production on the panels could begin in 2020. LG, back in 2016, had showcased a roll-up OLED display. (SSNLF), are poised to steal market share away from Apple in the U.S. While Wall Street frets about underwhelming appetite for the latest iPhone 8 and reported flaws to the soon-to-be-released flagship iPhone X device, Olson is confident that young Americans will help Apple to retain its status as the leading smartphone maker.

The report adds that LG has been working on its own foldable OLED panels for years, and is reportedly improving its durability as well as yield rate.

If the latest reports are correct, Apple and LG Display may already be working together to create a foldable iPhone by the year 2020.

Apple may be now buying OLED panels from Samsung, but it seems reluctant to continue the trade. However, the report adds that foldable display panel production for iPhones may start by early 2019. The firm now has a $208.00 price target on the iPhone maker's stock.



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