Apple Reportedly Investing $2.67 Billion in LG Display to Secure OLED Panels for Future iPhones

Previous reports have made it clear that LG Display is looking to set up OLED factories to cater to the demand from various smartphone OEMs. The company will reportedly be investing up to $13.5 billion to set up its OLED factory. However, that investment alone would not be enough and analysts predicted that the company would require financial support from an external party in setting up the factory.

Continue reading →