In a significant move, insiders have revealed that Apple Inc. (NASDAQ:AAPL) intends to incorporate OLED (organic light-emitting diode) screens into its iPads and MacBooks, an initiative that could drastically transform the $150 billion display industry.
What Happened: Apple will reportedly begin employing OLED displays in its iPads starting next year, Nikkei Asia reported on Friday. Furthermore, Apple is working on creating an OLED MacBook, which is slated for production by the second half of 2025.
This shift towards OLED is a major victory for OLED manufacturers Samsung Display and LG Display from South Korea and China’s BOE Technology Holding. However, it could pose a threat to display manufacturers such as JDI and Sharp of Japan and AUO and Innolux of Taiwan, who have a limited presence in the OLED market.
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Moreover, Apple is considering the development of foldable iPads once OLED screens are incorporated, ...