The report, citing unnamed sources, claims that LG's sixth-generation flexible OLED display panels recently passed a series of Apple's quality tests. LG is now preparing for mass production at one of its plants, the sources said.
In April, The Wall Street Journal reported that Samsung would likely remain Apple's exclusive supplier of OLED display panels for the latest iPhones, unveiled Wednesday, after LG fell behind schedule due to mass production challenges.
If today's report is accurate, however, LG may still be coming on board as a secondary supplier of at least some OLED panels soon. Korean newspaper Newspin reported about a potential deal signed between Apple and LG back in July.
Samsung has been Apple's exclusive supplier of OLED display panels since the iPhone X launched last year. Numerous reports have identified LG as a potential second supplier, as Apple routinely aims to diversify its component makers.
While this news does not have significant implications for customers, Apple can potentially negotiate lower prices for OLED panels as Samsung and LG compete for its business, thereby lowering its production costs of OLED-equipped iPhones.
Earlier this week, Apple introduced the iPhone XS and iPhone XS Max with 5.8-inch and 6.5-inch sized OLED displays respectively. The new, lower-priced iPhone XR is equipped with a 6.1-inch LCD as a cost-cutting measure.
The original iPhone X also has a 5.8-inch OLED display, but Apple discontinued that model upon announcing the XS and XS Max.