Apple has teamed up with LG to start work on an iPhone with a foldable screen.
Last month, Apple made history when it released iPhone X. This smartphone refreshed everyone's idea of what an iPhone should look like and it completely changed up the expectations for future Apple devices.
Piper Jaffray's latest survey on teen consumers indicates that enthusiasm for the tech giant's devices in that demographic has never been higher.
Cupertino is allegedly partnering with LG on foldable display technology for a future iPhone.
LG has recently started its first OLED production for phones at its E5 plant in Gumi, North Gyeongsang Province.
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Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Sources say the two firms have tentatively agreed on the investment but details have not yet been finalized.
We can expect this foldable display to be an OLED panel. Moon Capital Management LLC's holdings in Apple were worth $1,214,000 as of its most recent filing with the Securities and Exchange Commission.
The LCD-screen iPhone 8 series phones, which have display sizes of 4.7 and 5.5 inches, went on sale September 22.
This jump in interest can perhaps be attributed to the 2017 iPhone lineup, which includes the iPhone X with an edge-to-edge display and a TrueDepth camera for facial recognition purposes.