Now, let's hope Apple will soon find a way to bury all the cameras and sensors in the iPhone X's notch under the display. LG Display has allegedly created a task force to develop a foldable OLED panel for the future iPhone. Apple's iPhone X is believed to feature displays exclusively from Samsung, as rival OLED panels from the likes of LG weren't up to snuff. The report says that Apple could be launching its foldable smartphone by 2020. That, and the fact that Apple probably won't want to launch one until the tech has been perfected.
South Korean conglomerate Samsung raked in around United States dollars 4 billion more in revenue from Apple iPhone X parts that it manufactures. This means Apple will rival Samsung's rumored foldable smartphone, but it's also a way for the company to wriggle free from Samsung's OLED monopoly. There still are years to go before we will see the foldable iPhone out in the wild.
The Bell cited people familiar with the developments and explained that production on the panels could begin in 2020. The Samsung "Galaxy X" is likely to make an appearance during the CES consumer technology show in January. Apple accounts for about 1.3% of Moon Capital Management LLC's investment portfolio, making the stock its 21st biggest holding. The same can be said for Samsung's own foldable phone as well.
Piper Jaffray said the findings are a clear "positive point" for the current iPhone upgrade supercycle, which includes the iPhone 8 as well as the upcoming high-end iPhone X. The survey polled 6,100 teenagers across 44 states, with an average age of 15.9 years. LG reportedly completed its own foldable OLED panel prototype two to three years ago and has been upgrading the durability and the yield rate. It is so because LG has recently started manufacturing OLED panels at their E5 plant in Gumi, North Gyeongsang Province. However, the report adds that foldable display panel production for iPhones may start by early 2019.
Apple is considering investing in the E6 plant in a push for LG to beef up OLED production.