The news seems to be rumors, but to promote South KoreaSecuritiesThe exchange asked LG Display to clarify the issue. According to The Investor, LG Display illustrated this issue in a submission to the regulator on December 6, "Relevant for AppleiPhoneX OLED display has not yet been finalized the details, once finalized the details, we will announce it to the public, or within 1 month of the announcement. "
Although LG Display's statement is rather vague, it seems to confirm that the two companies are discussing possible deals. This is not surprising, and for many years Apple has been using LG's LCD screens on the iPhone.
According to market research firm Counterpoint, Apple expects to sell 130 million iPhones X in the next two years, which means LGDisplay has a chance to take a slice of it.
In November, LG Display announced that it will invest 150 trillion won ($ 13.7 billion) in the production of OLED displays for television and mobile phones in the next three years, two-thirds of which will be used for smartphone OLED displays. This increase in investment may allow LG Display to align with Samsung in OLED display quality and output.