As far back as June 21 Patently Apple posted a report titled "The Korean Press is Convinced that LG will Enter Apple's OLED Supply Chain by 2019," followed by a report weeks later titled "Apple and LG are reportedly in Negotiations for OLED Production for Future iDevices." Bloomberg's report this week really added little to the ongoing news on this subject if anything. Today a new report in Korea added a few new tidbits on LG's entry into Apple's OLED supply chain.
While the goal is to enter Apple's supply chain in full force in 2019, LG may be able to begin producing some OLED displays by the second half of 2018. Sources have stated that LG could be ready "to deliver 50 million screens to Apple by the end of the year since its production line is in full swing in three months on average."
The report further noted that "Apple announces a new iPhone model in September of each year. Therefore, Apple will have to choose whether or not to release the iPhone with LG OLED screens in the second half of next year or wait until the year after next.
Apple has been actively looking for a second supplier as the company is employing a policy to secure multiple supply lines and failed to secure insufficient supply from Samsung Electronics. In the case of Samsung Electronics, the company has to meet demand for Galaxy smartphones, too. This fact makes it quite a challenge for Samsung Electronics to meet demand for Apple's iPhones.
A source said that LG Display and Apple have reached the final stage of negotiations, but details of the issue including the amount of an advance payment are still under discussion."
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