Remember all the recent reports saying that while the iPhone 7 won’t have an OLED display, it’s likely that Apple will come out with an OLED iPhone by 2018? Now, there’s one more hint that Apple’s iPhone is about to go OLED when it comes to screen technology: LG confirmed that it will invest no less than $8.4 billion in a new OLED plant that seems to suggest the Korean giant is preparing for a big boost in demand for OLED displays.
DON'T MISS: Best Apple Black Friday deals: Cheap iPhone 6s, iPad Air and Macs available from major retailers
LG said nothing about the iPhone in its Friday press release, and it didn’t even mention anything about smartphones in general in the announcement. But the company did say the new plant will be built in Paju, with production expected to commence in the first half of 2018. These details seem to coincide with what recent reports said – the iPhone is getting OLED displays in 2018, but not sooner.
According to LG, the P10 plant will handle “anticipated demand for OLED panels over the next several years,” producing both large-size OLED TV panels and flexible OLED panels for smartwatches and automotive displays.
LG already handles OLED display supply for the Apple Watch and earlier reports have suggested that LG and Samsung will likely supply the necessary OLED screen capacity to handle Apple’s demand for the iPhone.
