LCD iPhones might be a thing of the past by year 2020, The Wall Street Journal claims.
The outlet’s report focuses on Japan Display — a major supplier of LCD screens for Apple — which might land in financial trouble due to the “disappointing performance” of Apple’s iPhone XR, which is the only iPhone released in 2018 that has an LCD screen.
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According to the report, Japan Display might seek a bailout from investors in China and Taiwan, to the tune of $550 million or more. The biggest problem that the company has is relying too much on Apple, which was responsible for more than half of Japan Display’s yearly revenue as of March 2018. Read more…
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