The iPhone manufacturers partnered with their top competitor, as Samsung is the only company that can supply Apple with the organic light-emitting diode (OLED) screens needed for their brand new, bezel-less iPhone X. Not only is LG's screen-making subsidiary working alongside Apple on the project, but the parts-making LG Innotek has also set up a team to develop the necessary flexible circuit boards for such a device.
"Citing unnamed industry sources, the report said, the panel production could start from 2020, which means Apple could delay its phone launch compared to Samsung's first foldable phone that is likely to debut next year".
LG is said to be working on a new production plant in Paju, South Korea, dubbed E6. 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. LG, meanwhile, has reportedly completed its own foldable OLED panel prototype years ago, and is now working to increase durability and the yield rate of the same.
Apple Watch demand the biggest positive surprise -potentially doubling revenue by 2019.
The next iPhone will have a foldable screen.
Reports of a future iPhone with a foldable display surfaced previous year as well when LG Display was said to begin mass-production of foldable smartphone displays in 2018, with Apple being one of the potential partners. The tech major is reportedly collaborating with LG Display on a foldable handset.
Apple's edge-to-edge iPhone X is still a few weeks from release, but the firm is already turning its attention to a new form factor, reports have claimed.
Apple is investigating reports of its new iPhone bursting open, days after the flagship device went on sale. However, let's not forget that we've been hearing rumors of foldable phones for quite some time, and there's no sign that one will be ready for consumers any time soon, let alone only three years from now.