|Bid||7.75 x 2900|
|Ask||8.24 x 1000|
|Day's range||7.82 - 7.97|
|52-week range||7.50 - 15.88|
|Beta (3Y Monthly)||1.47|
|PE ratio (TTM)||51.54|
|Forward dividend & yield||0.23 (2.98%)|
|1y target est||10.28|
South Korea's LG Display slashes its investment plans by $2.7 billion to 2020 on concern for the global smartphone market, becoming the second Apple supplier to scale back its spending plans within recent weeks. Lea Jakobiak reports.
NEW YORK, Sept. 27, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Apple (AAPL) has exposure to Samsung (SSNLF) on various fronts. The two compete with each other in the smartphone market. Samsung also has a strong foothold in the semiconductor market with exposure to the foundry business, memory chips, and OLED (organic light emitting diodes) displays. Samsung owns 95% of the OLED market.
Apple (AAPL) made several changes to its iPhone suppliers in 2018. It completely ditched its long-term modem supplier Qualcomm for Intel (INTC) due to licensing disputes with the former. Apple also selected alternate suppliers for displays and PAD filters for its cheaper variant iPhone XR. The handset maker selected these suppliers to get a better price and ensure supply.
LG Display says it's close to starting OLED screen production at a new factory in Guangzhou, China https://bloom.bg/2lx7xYl #tictocnews (Source: Bloomberg)
LG Display Co. is close to starting OLED production at a new factory in Guangzhou to sell more of the next-generation screens, even as Chinese rivals gear up to enter the market. The Korean display maker will each month manufacture 130,000 OLED plates (which are divided into screens) once it gets China’s go-ahead for the expansion of the plant, according to Kang In-byeong, LG Display’s chief technology officer. Another facility north of Seoul will probably make OLEDs as well, while LG is winning orders to make screens for premium carmakers for models next year, Kang said.
Analysts are pouring cold water on a report that Apple Inc. plans to use next-generation, OLED screens for all of its new iPhone models next year. The article in South Korea’s Electronic Times, if true, would be negative for major manufacturers like Japan Display Inc. and Sharp Corp., which build LCDs that are used in many phones, but a positive for OLED technology makers like Universal Display Corp. Japan Display shares fell as much as 21 percent, the biggest intraday drop since its 2014 market debut. Representatives for Apple, JDI and Sharp declined to comment.
Apple (AAPL) is doing small-scale manufacturing of advanced displays at a secret facility near its headquarters in California, according to a Bloomberg report. The company is specifically building MicroLED displays, which are an advanced development over current OLED displays.