Report: Samsung and LG to supply OLED screens for future iPhone models

Apple appears to be planning to source OLED displays from LG Display and Samsung Electronics, according to a new report from Reuters. The article, based on a report from the Electronic Times, adds more weight to other recent reports that Apple is testing AMOLED displays in a new Taiwanese lab in preparation to use the new screen technology in its next-generation iPhones as early as 2018. The report indicates that both LG and Samsung are close to a final agreement with Apple, although Japan Display was also reported to be in similar negotiations earlier this month. The new report also suggests that Apple will likely provide some funding to help with the investments, which are expected to require a combined $12.8 billion in capital expenditures to build up OLED production capacity to meet the new demand.