Apple placing bets on LG's display for an upcoming foldable smartphone
Oct 12 2017 by Michele Stevens
Apple's decision to go with LG may be an attempt to decrease its dependence on its biggest rival.
In addition to the iPhone X video that appeared on Saturday, Reddit user anonymousdave52 has posted several other images of the new phone, which features a distinctive notch at the top of its glass face to accommodate the front-facing camera.
That rivalry may, however, start to overshadow their partnership soon.
APPLE IS WORKING on a foldable OLED phone with LG Display, the display-making arm of the LG Group, according to sources speaking to The Bell in Korea (English version via The Investor).
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Currently, Samsung is exclusively supplying panels for the latest iPhone X, the first OLED iPhone.
In 2020, Apple might not even be the second company to launch a foldable smartphone. But leading handset makers are apparently already busy developing the next-generation displays which will be foldable. Moon Capital Management LLC's holdings in Apple were worth $1,214,000 as of its most recent filing with the Securities and Exchange Commission. The screen on the iPhone X is where Apple focused its design.
Apple is considering investing in the E6 plant in a push for LG to beef up OLED production.
The LCD-screen iPhone 8 series phones, which have display sizes of 4.7 and 5.5 inches, went on sale September 22.
Samsung is also set to bring out the foldable smartphone sometime early next year and is reportedly going to be called "Galaxy X".