OFweek smart home network news foreign media reports, the end of May this year, there was news, LGDisplay plans to invest 4 trillion won (about 3.5 billion US dollars) in South Korea to build a new smart phone OLED screen production plant. However, apparently according to LG's latest financial report, the 4 trillion won in this round of investment is still far from enough. The company plans to continue to add 9.6 trillion (about 8.5 billion US dollars) in investment to the OLED business. The reason why LG Display is so generous is that according to industry observers, Apple played a key role in it.
It is reported that the investment of 9.6 trillion won in the second part of LG Display will be divided into two separate parts, of which 5 trillion won will be used to produce mobile OLED display panels, and another 4.6 trillion won will be used to invest in companies. Some factories are used to produce large-sized equipment including smart TVs. However, from the company’s financial report, LG Display’s current cash reserves are about 7 trillion won, so it is clear that the company’s second batch of additional investment still needs to find new funds.
At this time, the outside world thought of Apple. If LG Display wants to achieve the second round of investment, it must need more than 2 trillion won, plus the previous rumors about the cooperation between LG and Apple have long been circulated, so this funding is likely to come from Apple. . Although both companies declined to comment on the authenticity of the deal, industry observers said that LG will not continue to advance its investment plan until both parties actually begin signing the agreement.
As for the benefits of Apple's investment in LG Display, the answer is simple, that is, the future use of OLED display panels on smart phones. As the iPhone 8 will begin to use OLED screens, Apple will face a huge capacity crisis in the future, so in order to avoid this happening, industry sources said that the future production of OLED panels LG will be fully available to the iPhone.
However, a few days ago, the outside world also reported that Apple purchased its own OLED production line, so the future iPhone 8's OLED screen supplier is likely to be composed of three parts: Apple, LG Display and Samsung Display.
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