According to The Investor, Apple has partnered with LG to make a foldable screen rather than Samsung (which is Apple's current OLED screen supplier), a decision which may apparently have been made due to concerns that Samsung would get access to sensitive tech.
A new iPhone model is tipped to be in the works and slated to launch in 2020 which will carry these LG displays.
Russia May Demand US Cut Diplomatic Staff
Russia is considering reduce US diplomatic presence in Moscow according to reports from the Russian Foreign Ministry on Wednesday. Nonetheless, they are still Russia's state property, except the trade mission's office in New York City leased by Moscow.
Looks like Apple might lose the race against Samsung when it comes to releasing a foldable flagship but at least the company will know that its secrets are kept safe for the time being. However, it's been suggested that Tim Cook and co do not want to develop too close a relationship with an arch rival.
Industry sources claim that production could begin from 2020. For those unaware, Samsung is now the sole supplier of OLED panels for the iPhone X. The report adds that Samsung can be expected to be supplier of displays for Apple next year too. Even then, this will only happen if LG Display can produce the screens reliably and in the massive scale Apple would require.
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Shares of JPMorgan, which kicked off earnings for banks in the United States, dipped 0.66 percent to $96.20 in premarket trading. The company was upgraded on Tuesday, September 1 by Vetr. (NYSE:JPM) to report earnings on October, 12 before the open.
Apple is considering investing in the E6 plant in a push for LG to beef up OLED production. To that end, the report claims Apple is actively considering a significant investment in the LG plant responsible for the manufacturing of flexible OLED displays. While iPhone contributes the majority of revenue and profits, Apple Watch is growing in importance, potentially doubling revenue contribution to Apple top-line in the next two years.
Another firm, LG Innotek, is working on a rigid but flexible printed circuit board for the gadget.
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As of Tuesday morning 15 people had been killed in the fires and officials said that number was likely to rise. Anyone exposed to poor air quality or wildfire smoke should move inside to an air-conditioned environment.
A display which folds completely in half could see a new generation of smartphones which fold open to the size of small tablets, although it is yet to be seen if such a mechanism would be compact and attractive enough for Apple's notoriously high standards. On the other hand, Samsung is already ahead in the foldable phone race.