Bad news for Samsung, LG as Apple secretly developing its own screens
San Francisco: In bad news for display market leaders like Samsung and LG, Apple is reportedly designing and producing its own device screens, secretly at a facility near its headquarters in California, according to a media report.
The Bloomberg report report on Monday said Apple was making "a significant investment" in the development of MicroLED display.
"MicroLED screens use different light-emitting compounds than the current OLED displays and promise to make future gadgets slimmer, brighter and less power-hungry," it said.
The 62,000-square-foot manufacturing facility is located in Santa Clara, California.
The news of Apple -- that rely on display panels supply for its iPhone X and Watches from Samsung and LG - entering the device display segment led to shares of Samsung, LG Display and Sharp go down in early trade on Monday.
Currently, Apple Watch screen is made by LG Display. The iPhone X which is Apple's first OLED phone uses Samsung display units.
"MicroLED" technology is still in early stages but Samsung will release "The Wall" later this year which is a massive modular TV with this technology.
According to earlier reports, Samsung may soon not be the only supplier of OLED displays for Apple.
The iPhone maker is reportedly finalising talks with LG on an OLED supply deal which could see the latter provide its panels for this year's iPhone with edge-to-edge display.
Samsung currently dominates supply of OLED displays for Apple's flagship iPhone X. It is believed that Apple will switch to OLED displays for all of its iPhone releasing in 2019.
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Rickelton's ton in vain as SRH beat MI by 6 wickets
Mumbai (PTI): Ryan Rickelton's whirlwind unbeaten ton was overshadowed by Heinrich Klaasen's unbeaten 65 as Sunrisers Hyderabad defeated Mumbai Indians by six wickets in an IPL match here on Wednesday.
Chasing an imposing 244-run target, Travis Head (76 off 30) and Abhishek Sharma (45 off 24) shared 129 runs for the opening wicket to set the platform for SRH.
Klaasen (65 not out off 30 balls) then displayed his all-round hitting abilities to guide SRH home with the help of Nitish Kumar Reddy (21) and Salil Arora (30 not out off 10) in 18.4 overs.
Earlier, Rickelton's knock powered MI to 243 for five.
MI rode on a 93-run stand between Rickelton (123 not out off 55 balls) and Will Jacks (46 off 22) in 7.1 overs for the opening stand to power the side.
MI skipper Hardik Pandya scored a valuable 31 off 15 balls before being dismissed.
Praful Hinge (2/54), Eshan Malinga (1/29), Sakib Hasan (1/39) and Nitish Kumar Reddy (1/31) were the wicket-takers for SRH.
Brief Scores:
Mumbai Indian: 243 for 5 in 20 overs (Ryan Rickelton 123 not out; Praful Hinge 2/54).
Sunrisers Hyderabad: 249 for 4 in 18.4 overs (Travis Head 76, Heinrich Klaasen 65 not out; AM Ghazanfar 2/51).
