To the consumer, Apple and Samsung may be like two titans, embroiled in an eternal battle for their hard-earned cash but, behind the scenes, the two are not only partners but also heavily dependent on one another.
LG Display has been toiling away on its foldable OLED panel prototype, completing it about 3 years ago and upgrading yield rate and durability in the time since then. Today we're learning that "Apple has reportedly started working on a foldable iPhone with LG Display, not Samsung Display - the sole OLED supplier - possibly due to concerns over tech leaks to its archrival Samsung Electronics".
Whatsmore, the sister company LG Innotek is working to create a rigid flexible circuit board for the future smartphone, the report says.
The report goes on stating that the production of the foldable OLED panel will start in early 2019 so that the foldable iPhone might be launched in 2020.
Apple's choice of South Korea-based LG may be attributed to its impressive gains in foldable screen technology over the years.
A display which folds completely in half could see a new generation of smartphones which fold open to the size of small tablets, although it is yet to be seen if such a mechanism would be compact and attractive enough for Apple's notoriously high standards.
Apple may be now buying OLED panels from Samsung, but it seems reluctant to continue the trade.
There was a varient of this rumor that surfaced back in May about Apple preparing a foldable smartphone with LG. Already, LG manufactures most of the displays used by Apple. On average, equities analysts expect that Apple will post $9.01 EPS for the current fiscal year. It wouldn't be the first time we saw Apple take something someone else invented and flawless it to an extent where we actually think that it is an innovation. The analyst explained that Apple's move to double down on the security feature is an attempt to drum up support for the new software.