Struggling Apple display maker Japan Display has received some bad news. TPK Holdings, a panel maker that also works with Apple, revealed that it won’t invest a proposed $230 million after all.
Japan Display has been on the search for companies willing to throw it a lifeline. TPK was part of a hoped-for $723 million bailout.
Apple supplier Japan Display is on the verge of finalizing a $729 million bailout after renegotiating its debts.
Apple has agreed to wait for money owed after it fronted the cost of a new Japan Display plant four years ago. Another client has agreed to halve the “pace of repayment,” according to reports.
Apple is expected to eliminate 3D Touch this year, favoring Haptic Touch instead for the 2019 iPhone lineup.
The pressure-sensitive technology was introduced just under four years ago with the iPhone 6s. But the iPhone XR has since proven that it isn’t completely necessary to enjoy 3D Touch features.
Apple display maker Japan Display revealed today that it has signed a 232 billion yen ($2.1 billion) deal that will bail-out the struggling company.
The deal gives a Chinese-Taiwanese conglomerate a 49.8% stake in the company, making it the biggest shareholder.
Apple is expected to adopt mini LED backlighting technology this year to further improve color gamut, contrast ratio, and high dynamic range in its displays.
A brand new 31.6-inch iMac will be the first machine to offer the new display technology, sources claim. It will then make its way to the iPad and other Apple computers in 2020.
Japan Display will supply OLED screens for the upcoming Apple Watch Series 5, according to a new report.
This will be the Japan Display’s first foray into OLED screens. The deal is said to be a “breakthrough” for the company, which has been suffering as a result of Apple’s move from LCD to OLED displays for the iPhone.
Struggling display maker Japan Display reportedly still owes Apple a whole lot of cash for one of its factories.
Apple paid a large chunk of the $1.5 billion in costs to build an LCD factory in 2015. In return, Japan Display would pay Apple a percentage of screen sales. Unfortunately, things have gone south since then — and Japan Display’s factory is running at only half capacity. Due to the way the deal is structured, the company reportedly owes Apple “a majority of the construction cost.”
Apple plans to use OLED displays in all iPhone versions from 2020, according to a new report.
The flagship iPhone XS and iPhone XS Max already use OLED technology, but the more affordable iPhone XR employs an LCD panel just like its predecessors. A complete switch to OLED will allow for “more flexible handset design,” sources say.
Apple may have downplayed one major feature for the display of the iPhone XS and iPhone XS Max.
Based on testing from Tsing-Hua University in Taiwan, it turns out that the new OLED displays are healthier for your eyes than the LCD-based displays found in previous iPhones.
Apple is expected to introduce three new smartphones this fall — all of which will include some of the best features of iPhone X. But it seems it could have another surprising refresh up its sleeve.
One developer has discovered references to an unreleased device that closely resembles the iPhone 7.
