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

Add comment

Your name:
Sign in with:
Your comment:

Enter code:

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

Last news

These chips process data seven times faster using 95 percent less power than traditional means
The one with a Snapdragon 845 chipset – was spotted by AnTuTu in its database
Сodenamed Aloha and Fiona - both with 15-inch touchscreens - in July at the latest
The aim is modernize email, allowing for the creation of messages with interactive, dynamic content
Qualcomm 's new wireless edge services will be available on select Qualcomm chipsets
Samsung is planning to add an animoji-like "3D emoji" feature to the Galaxy S9 premiering later this month
Microsoft could soon be forced to rewrite the app from scratch
Google and Apple are constantly in a battle against one another in the mobile space in the Android versus iOS debate
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



Do you use microSD card with your phone?
or leave your own version in comments (6)