Apple Signs on LG Display as Second OLED Supplier [The Motley Fool]
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Source: The Motley Fool
The Mac maker's supply chain is about to get a little bit stronger. Evan Niu, CFA ( TMFNewCow ) Jul 13, 2018 at 9:14PM Over the past year, Apple ( NASDAQ:AAPL ) has been trying to bring on LG Display ( NYSE:LPL ) as a secondary supplier for OLED displays. Thus far for iPhone X, Samsung has been the sole supplier, which gives it much stronger negotiating leverage over the Mac maker. Apple has been trying to get pricing concessions from the South Korean conglomerate in recent months, and there has been concern whether or not LG would be able to meet Apple's rigorous quality standards as well as the deadline for volume production. A report last month suggested that Apple was making progress with getting LG up to speed. It seems like Apple and LG have now inked that deal. iPhone X was the first iPhone to adopt OLED displays. Image
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