LG plans to invest a total of 8.5 billion US dollars for OLED business. Apple plays a key role.

Electronic enthusiasts eight o'clock: According to foreign media reports, there was news at the end of May this year, LG Display plans to invest 4 trillion won (about 3.5 billion US dollars) to build a new smart phone OLED screen production plant in South Korea. However, according to LG's latest financial report, the 4 trillion won of this round of investment is far from enough. The company plans to continue to add 9.6 trillion (about 8.5 billion US dollars) of investment to the OLED business. The reason why LG Display is so big, according to industry observers, Apple played a key role in it.

It is reported that LG Display's second part of the 9.6 trillion won investment is mainly divided into two separate parts, of which 5 trillion won is used to produce mobile OLED display panels, and another 4.6 trillion won will be used to invest in the company's existing factory. Used to produce large-sized equipment including smart TVs. However, from the company's financial report, the current cash reserve of LG Display is about 7 trillion won, so the company's second batch of additional investment obviously needs to find new funds.

At this time, the outside world thought of Apple. If LG Display wants to achieve the second round of investment, it will need more than 2 trillion won of investment, plus the rumors of cooperation between LG and Apple have been circulating for a long time, so this money is likely to come from Apple. . Although both companies refused to comment on the authenticity of the deal, industry observers said that LG will not continue to push the investment plan until the two sides actually start signing the agreement.

As for the benefits Apple will get if it invests in LG Display, the answer is simple: the OLED display panel used in smartphones in the future. As the iPhone 8 will begin to switch to OLED screens, Apple will face huge capacity threats in the future. Therefore, in order to avoid this situation, industry insiders said that LG's new OLED panels will be fully available to the iPhone in the future.

However, a few days ago, there was news that Apple purchased its own OLED production line. Therefore, the future OLED screen supplier of iPhone 8 is likely to be composed of three parts: Apple, LG Display and Samsung Display.

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