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Apple reportedly invested R $ 8.4 billion in OLED screens from LG Display, to equip future iPhones

Tela/display do iPhone 7

The supposed “iPhone 8” is supposed to bring as one of its novelties a OLED screen, which rumors suggest would be provided only by Samsung – which owns 95% of that market. Exactly for this reason, it is believed that the initial stock of the new device will be quite limited.

However, as we well know, Apple does not enjoy relying on just one supplier. In order to improve in this respect – at least for the next few years – it is already preventing itself as it can.

First, some sources said that Apple would have acquired its own machines to manufacture the screens. Now, according to the Korea Economic Daily (via The Investor), Apple would have invested 3 trillion won (about R $ 8.4 billion) on OLED screens from LG Display.

This amount represents an advance payment for the monthly production of 45 thousand units of 6.5 generation OLED screens, which will equip Apple devices from 2019. So, due to the quantity, it is likely that LG will create a dedicated production line only on orders from iPhones.

With this investment, Apple continues its longstanding relationship with LG, which is one of its suppliers of LCD screens, present in the current devices. And since this is just the beginning, Apple will certainly help LG Display in a market that is now dominated by Samsung.

via 9to5Mac