LG Display is investing 3.3 trillion won ($2.81 billion) on its
iPhone and iPad OLED screen assembly, by 2024.
In 2020, LG Display saw Apple screen
orders rise five times over the previous year, as Apple moved some production away from Samsung. Then in July 2021, it was reported that LG was
buying equipment with the aim of producing ProMotion displays for future iPhones, possibly the "
iPhone 13."
Now that report appears to be confirmed, as Chinese-language publication
IT Home claims to
have discovered regulatory filings regarding LG's investment. According to the publication, LG has informed the South Korean government of its intention to expand its plant in Pauju, Gyeonggi Province.
appleinsider.com
