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The
report comes after years of speculation that Apple will start
using the next-generation technology in its phones. OLED screens
are thinner and offer better picture quality than the mainstay
liquid crystal display screens.
Japan's Nikkei newspaper reported last month that Apple plans to
start using OLED screens for iPhones starting 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.
Apple will likely provide some funding to both firms to help
with the investments, the paper added.
LG Display and Samsung Display declined to comment, while Apple
could not be immediately reached for comment.
Samsung Display, which currently supplies OLED smartphone panels
to parent Samsung Electronics and Chinese vendors, is likely
getting bigger volumes from Apple than LG Display, the paper
said.
(Reporting by Se Young Lee; Editing by Edwina Gibbs)
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