LG Display to Invest $1.75 Billion for Flexible Oled Screens

Advertisement
By Associated Press | Updated: 27 July 2016 15:27 IST
LG Display Co., a supplier of Apple's iPhone screens, said Wednesday that it will invest KRW 1.99 trillion ($1.75 billion or roughly Rs. 11,768 crores) to produce flexible displays for smartphones, in a sign that more high-end smartphone makers may adopt flexible screens in the near future.

The South Korean company said mass production of flexible displays will start in late 2018, at a scale that will supply enough 5.7-inch sized flexible screens for 3 million handsets per month.

The flexible displays will be made of advanced materials called Oleds, or organic light emitting diodes, which display more saturated colors, such as a darker black, than LCDs.

While Apple still uses LCD screens for its iPhones, a growing number of mobile phone makers have adopted Oled screens for their flagship phones as they have resolved battery-draining and heat problems associated with the technology. Market watchers say even Apple might use the Oled screens for its iPhones as early as next year.

Advertisement

The Oled screen is lighter and thinner than other display screens and has more design flexibility. It can be folded and bended.

Advertisement

LG Display focused initially on investing in large-sized Oled screens for televisions while its small-sized screens were mostly made of LCDs to meet demand from its key clients, including Apple and its affiliated company LG Electronics.

With the latest investment, LG is trying to catch up with its rival Samsung Display in the small-sized Oled screens. Samsung dominates the supply of Oled screens for mobile phones. For years, Samsung Electronics used the Oled screens for its flagship Galaxy smartphones and recently it has adopted curved Oled screens for its Galaxy Edge series smartphones that feature displays that wrap around corners of the devices.

Advertisement

LG Display's biggest client for mobile phones is Apple.

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: LG, LG Display, Mobiles, Tablets, Wearables
Advertisement

Related Stories

Popular Mobile Brands
  1. Best Diwali 2025 Wishes, Quotes, and Facebook Statuses to Share
  1. Mysterious Asteroid Impact Found in Australia, But the Crater is Missing
  2. Thanal Comes to OTT: Everything You Need to Know About This Tamil Action Thriller
  3. Madam Sengupta Is Now Streaming: Know Where to Watch This Bangla Crime Thriller
  4. Ryugu Samples Reveal Ancient Water Flow on Asteroid for a Billion Years
  5. Scientists Create Most Detailed Radio Map of Early Universe Using MWA
  6. Mayor of Kingstown Season 4 OTT Release: Know When, Where to Watch Jeremy Renner's Crime Drama
  7. Our Fault Is Streaming Now: Know All About This Gabriel Guevara and Nicole Wallace Starrer
  8. The Conjuring: Last Rites Is Now Streaming Online: Know Where to Watch the Latest Installment from the Horror Franchise
  9. Delhi Crime Season 3 OTT Release: Know When to Watch This Shefali Shah Thriller Series
  10. Vast Space to Launch Haven-1, the World’s First Private Space Station in 2026
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.