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Apple is 'Close' to OLED Screen Deal With LG and Samsung for Future iPhones

Apple is close to signing a final agreement with LG Display and Samsung to provide OLED screens for next-generation iPhones, according to a new report from ET News [Google Translate] (via Reuters). The OLED panels are rumored to be included with iPhones starting in 2018. The two Korean companies plan to spend around $12.8 billion (15 trillion won) combined to build up OLED production capacity over the next two to three years. ET News also adds that Apple is likely to provide some funding to both LG and Samsung to help with their investments. Additionally, LG plans on converting existing LCD production lines into OLED production lines to reduce costs. Samsung, on the other hand, will produce 30 percent fewer orders than LG. Last month, Nikkei reported that Apple plans to switch iPhones over to OLED displays starting in 2018, with both LG and Samsung sharing a large portion of OLED panel production. LG was already planning capacity upgrades for high-volume OLED screen production that would be required for iPhone demand. Earlier this month, it was reported that Japan Display was also planning mass production of OLED displays for iPhones starting in 2018. OLED displays can provide sharper images and brighter colors compared to LCD displays. However, OLED displays tend to have shorter lifespans and come with higher manufacturing costs. Apple has been reportedly "consulting with display makers" on how to minimize potential

iPhones Expected to Have OLED Displays Starting in 2018

Apple plans to switch to OLED displays for iPhones starting in 2018, according to Japanese website Nikkei. The report claims Apple has notified its suppliers about its future plans, with LG Display already planning capacity upgrades for high-volume OLED display production. LG Display and Samsung Electronics will likely share a large portion of the OLED panel production for future iPhones, according to the report. Apple's shift to OLED displays could have "major implications" for Apple's current LCD display suppliers Sharp and Japan Display, the latter of which relies on Apple for 30% of its business.Samsung Electronics is currently the only company that can reliably mass-produce OLED smartphone screens. LG Display has a track record for producing OLEDs for television screens. Given this, the two companies will likely supply a large portion of Apple's displays. […] Apple's shift to OLED displays will have major implications for two Japanese suppliers -- Sharp, which is scrambling to rebuild its faltering operations, and Japan Display, which relies on the computing giant for 30% of its business.Due to the high volume of iPhones that Apple ships, and the technical challenges of producing OLED displays, the report claims the company will likely continue to sell iPhones with LCD screens alongside models with new OLED displays. Samsung's popular Galaxy-branded smartphones are equipped with AMOLED displays, as is the Apple Watch, but iPhones have always had LCD displays since the original model launched over eight years ago. OLED displays can provide sharper images