Japan Display Confirms It Will Start Making OLED Panels Amid Rumors of an OLED iPhone

Japan Display Confirms It Will Start Making OLED Panels Amid Rumors of an OLED iPhone

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Japan Display has announced it will begin mass production of organic light emitting diode (OLED) panels in 2018, reports Reuters. The company is currently a supplier of LCD panels for the iPhone.

"We will take advantage of our advanced thin-film transistor technology in developing OLED screens," Akio Takimoto, chief of Japan Display's research center, told reporters on Friday.

The announcement comes as Innovation Network Corporation of Japan (INCJ), Japan Display's biggest shareholder and state-backed fund, looks to acquire Sharp and merge its display unit with Japan Display.

Over the past few months we've seen an increasing number of rumors that suggest Apple is planning to switch to an OLED display for its future generation devices. Samsung is reportedly planning to invest up to $7.47 billion in order to supply Apple with flexible OLED panels for future generation iPhones.

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Japan Display Confirms It Will Start Making OLED Panels Amid Rumors of an OLED iPhone
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