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Stockreport

Samsung, Sharp and others tumble on report Apple is producing its own screens [CNBC]

APPLE (AAPL)  More Company Research Source: CNBC
Last apple earnings: 7/31 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
PDF Getty Images The new iPhone 8, iPhone X and iPhone 8S are displayed during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Shares of several Apple suppliers traded sharply lower in Asia Monday morning trade following a report from Bloomberg that the tech giant was making screens of its own. The iPhone maker is producing limited quantities of screens for testing purposes at a facility located close to its headquarters in California, according to the Bloomberg report , which cited several anonymous sources. Apple is reportedly investing in developing next-generation MicroLED screens that aim to make devices slimmer and less of a drain on power, Bloomberg said. The report added that MicroLED displays were harder to make than organic light-emitting diode, or OLED, screens. A spokeswoman at Apple declined to comment when contacted by CNBC. Apple makes use of a networ [Read more]

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