IPhone Screen Makers Fall on Report of Apple OLED Shift in 2019

2018 iPhone model could launch in three new colors here's what they may look like

2018 iPhone model could launch in three new colors here's what they may look like

Electronic Times, citing unnamed industry sources, reported that the Cupertino, California-based company is keen to use the technology, which delivers sharper and brighter images than the liquid crystal displays (LCD) that now appear on most iPhone models, even in its entry-level smartphones. Representatives for Apple, JDI and Sharp declined to comment.

Apple (AAPL) reportedly is planning to use organic light-emitting diode displays for all of its new iPhones next year, providing a boost to Universal Display (OLED).

If true, Apple's move would be negative for JDI and Sharp, which have so far been unable to mass produce OLEDs and now supply LCD screens.

Japan Display is one of the main suppliers of iPhone LCD (liquid crystal display) screens. LG Display stock was up 4%, near 10.70, in morning trading. LG Display rose as much as 5.9 percent, the biggest intraday gain in four months. "Apple hasn't been able to expand on its iPhone X production because of market demand and price issues".

A new leak, however, suggests that Apple might U-turn on any decision to make one of the three new models a budget variant. At present, only the iPhone X features an OLED screen. "For OLED panels, cost increase caused by notch design seems to be even higher".

Jeff Pu, an analyst at Taipei-based Yuanta Securities Investment Consulting, said he doesn't see Apple shifting to OLED screens for its entire lineup in 2019.

This is something of a new development; previous reports stated the company planned to release two OLED iPhone X-type models and a low-priced LCD model with a 6.1-inch display this September.

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