Apple may soon be using LG as an alternative supplier for its OLED panels used in its iPhone X devices, anonymous sources told Bloomberg.
Having LG as a secondary supplier will help the tech giant source OLED displays more quickly and cut costs. Previously, Apple solely relied on Samsung to supply its OLED displays, meaning that the South Korean company could charge higher premiums since it had a monopoly.
Bloomberg reports that LG will supply between 2 million to 4 million OLED displays in the initial deal, while it attempts to increase its capacity. For comparison, Samsung’s initial deal with Apple was to make about 100 million OLED displays to be used in iPhone X production.
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Author: Shannon Liao
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