Japan Display to supply OLED screens for Apple Watch

TOKYO: Japan Display Inc will begin to supply organic light-emitting diode (OLED) screens for the Apple Watch later this year, two sources said, a breakthrough for the cash-strapped company whose late shift to OLED has cost it orders from Apple. The supply deal would mark Japan Display’s foray into the OLED display market, the two sources said.
Japan Display’s mainstay liquid crystal display (LCD) business has been slumping due to Apple Inc’s recent shift away from LCD, and disappointing sales of the iPhone XR, the only LCD model in Apple’s 2018 line-up.
The OLED display market is dominated by Samsung Electronics unit Samsung Display and LG Display. The newer OLED technology are generally thinner and allow more flexibility than LCD screens.
Japan Display, which gets more than half of its revenue from Apple, has a small OLED pilot line at a smartphone screen plant in eastern Japan. — Reuters