LG will supply LCD and OLED panels to Apple
ISLAMABAD: Earlier this year, LG confirmed that it will supply OLED panels to unspecified iPhone mode. However, the new reports reveal that LG will Supply Apple with 20 million LCD Panels and 4 million OLED Panels.
LG will Supply Apple with 20 million LCD Panels in 2018 and 4 million OLED Panels in 2019
The latest report again claims that LG will supply between 3 and 4 million OLED panels to Apple later this year. Furthermore, it’s confirmed that these are destined for the larger 6.5-inch iPhone X Plus. Moreover, these panels will be manufactured at the company’s E6 plant in South Korea. Not only this, reports also claim that LG will manufacture 6.5-inch OLED displays in 2019.
In addition to LG has already played a role in the manufacturing of the OLED panels of cheaper 6.1-inch iPhone. Moreover, LG has reportedly signed a contract with Apple that will see it supply around 20 million LCD displays for the new budget offering.
On the other hand, LG is expanding more and more in Robotics. In total, LG has committed over USD 90 million to robotics startups in the first 12 months of its investment initiative.