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techkenyot.com October 18, 2017


Apple Teams Up With LG Display For Foldable iPhone

12 October 2017, 03:51 | Casey Mitchell

Apple Reported to Team up With LG for Foldable iPhones Because Samsung Might Leak the Design

Apple teams up with LG Display for foldable iPhone

The iPhone manufacturers partnered with their top competitor, as Samsung is the only company that can supply Apple with the organic light-emitting diode (OLED) screens needed for their brand new, bezel-less iPhone X.

Alongside the screen, a future foldable iPhone would also require a flexible circuit board and Apple may also assign the printing of such a board to LG, as per a report from Korean website The Investor. However, it's been suggested that Tim Cook and co do not want to develop too close a relationship with an arch rival.

And even with the December quarter iPhone unit cut in her forecast, her revenue forecast for the fourth quarter of this year is in-line with consensus, thanks to stronger than expected Apple Watch demand and our higher average selling price forecast.

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For shareholders, given the total diluted outstanding shares of 293.24 million, this means overall earnings per share of -0.12. Analysts are also projecting an Average Revenue Estimate for Precision Drilling Corporation as $263570 in the Current Quarter.

Industry sources claim that production could begin from 2020.

Although this is all just rumors and should be taken with the appropriate amount of salt, it makes sense that Apple would use LG rather than Samsung, as that could help break Samsung's OLED monopoly.

It could also be because Apple is cautious about what they share with Samsung, according to Korean news site The Investor. Apple may have made this deal to change smartphone's understanding again. Now, it looks like Apple is also in plans to launch such a smartphone in the coming years. The company is now supplying its first batch of its foldable panels to few Chinese handset makers as well as to its parent company. In case you aren't aware, Kuo is widely regarded as a credible source for all things Apple.

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Samsung has said that it will release it's own "smartlet" - a phone which unfolds into a tablet - by next year.

Apple is said to be speeding up the production process of the folding screens by investing in the construction of a new LG Display manufacturing facility, called E6. On the other hand, Samsung is already ahead in the foldable phone race.

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