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LG Display CEO claims that Apple will still use LCD for some iPhone models

By Cookie Monster - on 22 Feb 2017, 2:00am

LG Display CEO claims that Apple will still use LCD for some iPhone models

With Apple scrambling to find more suppliers of OLED displays for its next generation iPhone, there are fears that the mobile LCD business may falter in the next few years. However, LG Display CEO Han Sang-beom believes that there will still be demand for LCD panels. 

At a general meeting of the Korean Display Industry Association in Seoul, Han reportedly told The Investor that "Apple wouldn't switch 100 percent to OLED for the time being". He added that "the plastic OLED would not become the only display type for the new iPhone as well". 

Han's comments seem to corroborate earlier reports of the iPhone 8 having a plastic, curved OLED display and two of the three new iPhones this year to continue using LCDs. LG is also said to have lost the bid to be the main supplier of OLED panels for the upcoming iPhone; Samsung has signed two massive deals to supply about 160 million OLED panels for the next iPhone

While LG remains confident of LCD demand in the near future, it is not resting on its laurels. It is expected to invest heavily over the next three years to build facilities and equipment for manufacturing OLED panels. Han estimates that the mass production of mobile OLEDs will begin in the second half of the year. 

Source: The Investor

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