Apple could spend big for exclusivity over LG’s OLED displays

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RED iphone
Future iPhone displays could all be made by LG.
Photo: Ste Smith/Cult of Mac

Apple could make a significant investment in LG Display’s new OLED production facility to ensure exclusive supply for future iPhones, according to a new report.

The company is said to be considering a 2 trillion to 3 trillion won (approx. $1.75 billion to $2.62 billion) deal, and a final decision is expected later this month.

Rivals suffer as Apple sucks up smartphone component supplies

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iPhone 8 facial recognition
The iPhone 8 isn't a phone you want to be competing against.
Photo: Ste Smith/Cult of Mac

The iPhone 8 is set to be a monster seller for Apple, and that’s not so good if you’re a rival handset vendor in China, where smartphone component inventory levels are at an all-time low.

Currently in demand parts include smartphone memory, camera sensors and batteries. And high-volume production of new iPhones in the third quarter is likely to affect availability of fingerprint sensors, metal cases and assorted display components.

iPhone 8 delay? Nah, it will probably arrive the same time as usual

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iphone 8 display
The iPhone 8 is going to be Apple's biggest upgrade since 2014.
Photo: Martin Hajek

Despite rumors claiming the contrary, there will be no delay in the launch of the iPhone 8, claims China’s Economic Daily News.

Citing sources in the downstream supply chain, the newspaper says new iPhones will start selling in October, and not as late as 2018 as some reports have claimed.

Apple may be cutting iPhone 7 orders as demand falls

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iPhone 7 back
Interest in the iPhone 7 is already falling.
Photo: Ste Smith/Cult of Mac

Apple is reportedly cutting iPhone 7 and iPhone 7 Plus orders less than three months after their debut due to falling demand.

Momentum has fallen “significantly” in China and other markets, according to sources in Apple’s supply chain, and component makers are already shifting their focus to iPhone 8.