OFweek smart home network news According to South Korean media reports, recently LG Display Company will continue to invest about 7 billion US dollars in its factories in South Korea. These funds are mainly to continue to promote the factory to continue to increase the production capacity of OLED displays. These OLED screens will be mainly supplied to high-end smart phones. Obviously they hope to win big customers like Apple.
Also save money! LG Shows or Continues to Invest US$7 Billion (Image from Dealerscope)
LG mentioned that the factory in Paju, South Korea, will receive this $7 billion investment, of which two-thirds of the investment will be allocated to large-size products and one-third will be given to small-size products. Obviously, these OLED screens will be supplied to other smart phone manufacturers and their own use, especially the flagships of various companies are very likely to use these screens.
Previously there were rumors that Apple will cooperate with LG's LG Display, and invested 1.75 billion US dollars in order to obtain more OLED screen supply. After Apple hopes to invest, LG will display a new OLED production line that can be set up by Korean display makers specifically for Apple orders. However, at present, it is still difficult to increase LG's OLED output.
According to industry insiders, Apple's quality requirements for OLED screens are very high, and Samsung's displays are the only screen makers that meet their quality requirements. The LG display has reached a 70% requirement, and Chinese display makers are still trying to catch up. Obviously, various manufacturers are scrambling for Samsung's OLED display, so Apple can only find ways to obtain a sufficient number of screens at other manufacturers.
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