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LG will produce OLED displays for iPhone no earlier than 2019

Apple will be able to count on OLED displays for iPhone LG no earlier than 2019. It is reported Bloomberg citing its own sources.

According to the newspaper, LG will start mass producing OLED panels for large screens only in late 2018 or early 2019. In this regard, the sole supplier of displays for the iPhone in the next year will be Samsung.

At the moment, LG is supplying OLED displays for the Apple Watch. Until the end of 2015, the Korean manufacturer has been the sole supplier of Apple, is part of the business was not transferred to Samsung. However, with large panels for the screens of smartphones from LG have problems. In particular, the company has only recently acquired the necessary equipment for the production of OLED-panels of large size.

In may this year, which Apple has signed a contract with Samsung to supply OLED panels for iPhone 2018. Then it became known that the equipment for creating OLED panels produces one of the subsidiaries of Canon — Canon Tokki — and it can manufacture a limited number of installations per year. LG has only one such machine, and that’s not enough for mass production of OLED panels. A large part of the installations that Canon Tokki will be able to collect this year, already ordered the Samsung.

To manufacture OLED panels large size LG plans to spend $ 7 billion on construction of their own factory in China. The Investor has also previously reported that Apple is investing $ 2.5 billion in new production lines, LG Display. In this part of the amount will be credited as advance payment for the finished products in the future.

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