TECH - Apple Watch Ultra With MicroLED Might Be Dead.. Or Not? Mark Gurman 'Doubts' Cancelation Rumors | Benzinga
The much-anticipated Apple Inc. (NASDAQ:AAPL) Watch Ultra with a microLED display, which was rumored to be in the works, might not see the light of day after all.
What Happened: The Austrian firm ams–Osram (OTC:AMSSY) had been linked to the production of microLED displays for the speculated Apple Watch Ultra.
However, the unnamed customer, believed to be Apple, has reportedly canceled the orders, leading to a 40% drop in ams Osram’s shares, reported AppleInsider.
Despite the lack of official confirmation from Apple or ams-Osram, the sudden and complete cancellation of the micro LED order has had a significant impact on ams Osram.
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