The Business Times

LG Display, Samsung Display to supply OLED screens to Apple iPhones: report

Published Wed, Dec 30, 2015 · 12:41 AM

[SEOUL] South Korea's LG Display Co Ltd and panel-making subsidiary of Samsung Electronics Co Ltd will supply organic light emitting diode (OLED) screens for Apple Inc's iPhones, the Electronic Times reported on Wednesday citing unnamed sources.

LG and Samsung Display are close to a final agreement with Apple for the screens, the report said, adding the two Korean firms plan a combined 15 trillion won (S$18.1 billion) in capital expenditure to build up OLED production capacity over the next two to three years.

REUTERS

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here