Reports face LG to start producing 400,000 OLED panels for Apple. These displays are likely to be used by the company's XLE OLED product line. The first batch could reach as early as mid-December.
Sources of industry that talk to them ETNews He said that parts had been received on the LG site in Paju, South Korea. The company will now begin to develop Apple's panels.
What we do not know
As with these types of stories, it's important to emphasize what we do not yet know and how suspicious reports on Apple's supply chain have been in the past.
Details of the agreement between Apple and LG are not public. According to Apple Insider: "Industry observers estimated that there were approximately 400,000 panels in the order. At an estimated 100,000 earned ($ 89.29) per OLED panel, the total value is expected to be worth around 40 billion earnings ($ 35.7 million) to LG . "
It is not known also how much the panels will be. Apple could use each panel to make multiple displays.
Old rumors and relationships
Rumors were back in September that LG would provide the OLED displays for a new iPhone although that has not yet come to pass. However, LG already supplies the OLED panels for the Apple Watch, so it is unlikely that this bargain could have extended to include panels for iPhones.