Apple partner LG Display invests $650M in OLED screens

LG logoLG plans to produce large-panel organic light emitting diode displays at its existing plant in Paju, South Korea, investing 706 billion won, or $656.7 million, according to The Wall Street Journal. LG plans to produce the OLED screens for high-definition television sets by the end of June 2014.

The major investment by LG will allow the company produce 26,000 sheets per month large enough to result in six 55-inch screens each.

LG Display is a major supplier to Apple, which has increasingly turned to the company as it looks to move its supply chain away from rival Samsung. The company is said to have landed the most orders for Apple's latest products, including the iPad mini, fourth-generation iPad, 13-inch MacBook Pro with Retina display, and redesigned iMacs.

Apple partner LG Display invests $650M in OLED screens

Monday's news is even more noteworthy because it was revealed earlier this month that Apple had courted an OLED expert away from LG Display. OLED panels promise thinner designs and better battery life, but Apple has not adopted the new screen technology for any of its devices.

That hasn't stopped rumors that have persisted for years that Apple could switch to OLED panels for its future devices. Currently, Apple prefers LCD panels with in-plane switching technology, allowing for wide viewing angles.

Apple CEO Tim Cook even panned OLED last week at the Goldman Sachs Technology and Internet Conference, suggesting the color accuracy is poor. Samsung utilizes OLED panels for its flagship Galaxy S3 smartphone.

But Apple has also shown interest in improving OLED technology for its own use. Numerous patent filings by the company over the years specifically mention OLED displays on devices like iPhones.

LG's announced OLED plans are HDTV-specific, which could also tie into rumors of an Apple-built television set. The company has been rumored to build a full-fledged HDTV for years, and Cook even hinted late last year that Apple has big plans for the living room.

However, OLED panels remain extremely costly in large form factors. For example, LG Electronics, a major shareholder in LG Display, launched a 55-inch OLED TV in January starting at $10,000.

Source: AppleInsider

Tags: LG, OLED, TVs

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
 
Highlights of the new feature update include a tweaked interface with Fluent Design elements
 
It’s now open to third-party developers and designed for smart home devices
 
Prices start at $1499 for the 13.5-inch model and $2499 for the 15-inch model
 
Users claim the Start menu isn’t working after the upgrade
 
It will release its first all-purpose AI chips by the end of 2017
 
Android 8.1 Oreo arriving on Pixel phones "in the coming weeks"
 
The Snapdragon 636 also comes with support for modern ultra-wide FHD+ displays
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
1234567
891011121314
15161718192021
22232425262728
293031    




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)