Apple reportedly, is closing a $12.8 Billion deal with LG and Samsung to make OLED displays

[AlTech]

Apple apparently is closing  a $12.8 Billion dollar deal with LG and Samsung to make OLED Displays. They will reportedly begin using them in iPhones in 2018.

 

LG and Samsung Display are close to a final agreement with Apple for the screens, the Electronic Times report said, adding the two Korean firms plan a combined 15 trillion won ($12.8 billion) in capital expenditure to build up OLED production capacity over the next two to three years. – Reuters.

 

Earlier rumors of Apple planning to use OLED screens for iPhones starting in 2018 seem to fit well with these latest claims as both these suppliers have to start ramping up their production capacities. LG is said to be switching its existing LCD lines to manufacture OLED panels to reduce investment costs, while negotiations with Samsung are still ongoing as Samsung is likely getting a bigger slice of this deal. Apple is also providing funds for some of the equipment that LG and Samsung Display will require to increase their production capacity.

While Apple’s iPhones feature top of the line hardware, including industry leading chips, it has a long way to go in terms of screen quality to please its user base. OLED displays aren’t only thinner, but are also said to be more power-efficient. However, users have long wished for these panels as they offer more vivid colors. For Apple’s side of the story, these panels can be expensive than the LCD screens and they are also said to be more prone to breakage.

 

Kinda cool except I've grown a little hatred for OLED  and AMOLED based on display burn in.

 

http://wccftech.com/apple-to-source-iphone-oled-panels-from-samsung-and-lg/

[ThinkWithPortals]

12.8 billion?! Jesus.

There are parts of the world where people are collapsing on the streets out of hunger and yet Apple has spent 13 billion to make the screens in their devices a bit nicer. Fuck the world.

[Arty]

Lg just made some $$$$$$$$$$$$

[Arty]

12.8 billion?! Jesus.

13B is nothing for Apple lmao

[LokiFire]

And yet people starve.

[terrytek]

13B is nothing for Apple lmao

considering how much money the iphone makes for them, 13b is a marshmallow in a cup of hot cocoa.

[Tedster]

Sounds about right. I like how the URL for this post says '128-billion' because no punctuation.

[terrytek]

Sounds about right. I like how the URL for this post says '128-billion' because no punctuation.

that'd be solving 10 percent of the us' debt.

[skyress3000]

that'd be solving 10 percent of the us' debt.

the us total debt is around 64 trillion dollars, it's more like .15%

[MLG Doge]

And yet people starve.

DONT WORRY WE DONATED $1000 TO AFRICA WE ARE NICE COMPANY PLEASE BUY FROM US EZ MONEY 10 PHONES =100s OF LIVES NO PROBLEM

[ThinkWithPortals]

13B is nothing for Apple lmao

It's a metric butt-ton of money for everyone else on the planet.

[suicidalfranco]

that'd be solving 10 percent of the us' debt.

if only apple(and others) paid their taxes

[terrytek]

the us total debt is around 64 trillion dollars, it's more like .15%

nah it's more like 16 trillion, so 1 percent.

[Arty]

if only apple(and others) paid their taxes

however nice it would be

it

wouldn't solve anything.

[skyress3000]

nah it's more like 16 trillion, so 1 percent.

http://www.usdebtclock.org/ this is the source I got 64 trillion from

[refinedskillz]

Lg just made some $$$$$$$$$$$$

LG GTX 490Ti no?

[refinedskillz]

http://www.usdebtclock.org/ this is the source I got 64 trillion from

omg that dolla

[terrytek]

http://www.usdebtclock.org/ this is the source I got 64 trillion from

i don't see 64 trillion anywhere.

[Mew]

Hopefully Apple won't use the silly color profiles that Samsung uses. It's so frustrating when the camera app changes the color profile to the inaccurate adaptive profile rather than the basic that I selected in the display settings or when you're out and about with auto brightness in the sun and all of a sudden the screen changes to the adaptive profile in order to get bright. AMOLED either isn't ready or Samsung is just trolling me. 

[SolarNova]

OLED's for phones.... not interested.

 

More monitors and TV's please, that's where Picture quality matters, and where its most needed.  LCD's needed to go 5 years ago.

[thekeemo]

if you think apple is bad

[Deli]

http://www.usdebtclock.org/ this is the source I got 64 trillion from.

 

In pure dollar term, it means very little. It looks huge, but US economy is the biggest in the world. Like average Joe makes a $10,000 bank loan is not the same as Mark Zuckerberg makes the same loan. It makes more sense if you measure it related to GDP and the capability to repay it, which indicated by bond yield. At this point, the US debt to GDP ratio is ~101%. Which is high but not unsustainable. As long as the economy is growing as fast or faster than the debt. It is no big concern.

[Sauron]

It's about time...

 

Kinda cool except I've grown a little hatred for OLED  and AMOLED based on display burn in.

 

I thought that's what the active matrix was supposed to solve

[Trey222]

I always enjoy when apple uses its competitors fir parts. 

[terrytek]

I always enjoy when apple uses its competitors fir parts. 

because they can't seem to innovate for shit soon after steve jobs moved on. but they still fucking steal from others and selling it as their own. hahaha i see the logic.