Apple Flexible Screen: A few days ago, we brought you this article: Is Apple Inc.’s Secret OLED Hire a Game Changer? Today, we are going to touch on this subject in another way. LG Display, one of the top providers of screens to Apple Inc. (NASDAQ:AAPL), has announced plans to invest hundreds of millions of dollars in OLED technology.
Could this mean that Apple Inc. is thinking about doing the same in the future? Could this mean that the Cupertino-based company is thinking about making a change to OLED screens in the near future? While this is all speculation at this time, many signs are pointing in this direction.
Here is what The Wall Street Journal had to say:
“LG Display Co. will invest more than $600 million to build a new production line that will mass produce thinner and more energy efficient displays for televisions in its attempt to gain an edge against rival Samsung Electronics Co.”
“The world’s largest flat-screen maker, which counts Apple Inc. and LG Electronics Inc. as clients, said in a filing the new line will produce large organic light emitting diode, or OLED, panels at an existing plant in Paju.”
As you are probably aware, Apple Inc. (NASDAQ:AAPL) is looking for a way to move its business away from Samsung. Not only are the two companies competing in the same space, but they are locked up in court battles all over the world.
With Apple becoming less dependent on Samsung, it is safe to say that LG Display will play a larger role in the future. It only makes sense that Apple would at least consider the benefits of implementing OLED technology. Of course, with its most recent hire of an OLED expert it is safe to say that they are already moving in this direction.
There is a good chance that OLED technology is the future for many Apple Inc. (NASDAQ:AAPL) devices. With the help of LG Display and its latest investment in this technology, the future could be coming sooner rather than later.
Check back here for more updates on Apple Flexible Screen.
DISCLOSURE: I have no positions in any stock mentioned.
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