Apple Inc. (NASDAQ: AAPL), SAMSUNG ELECT LTD (F) (SSNLF) – Apple’s iPhone 13 to Contain Samsung’s LTPO Versions: Report

Apple Inc.’s (NASDAQ: AAPL) so-called iPhone 13 model contains low-temperature polycrystalline oxide or LPTO screens, The Elec reported on Monday, citing a UBI research note.

What happened: Samsung Electronics Co. Ltd. (OTC: SSNLF) will convert its OLED display production line dedicated to its biggest customer Apple into one that makes LTPO thin-film transistor OLED screens within the first half of this year, according to the report. However, the production capacity of the line will drop to 70,000 substrates per month from the previous 105,000.

Samsung uses the same technology on its Galaxy Note 20 devices, while Apple uses this technology in the Apple Watch.

The Cupertino-based technology giant is reportedly planning to use the displays in the higher-end iPhone 13 devices that will be launched later this year.

See also: Apple discontinues 512 GB, 1 TB SSD iMACs after similar fate by iMAC Pro

Why it matters: The launch of the new LPTO screens will enable higher refresh rates and lower power consumption on the iPhone 13 devices. LTPO supports variable screen refresh rates of up to 120Hz.

Referring to analyst Ming-Chi Kuo, 9to5Mac reported earlier this month that the iPhone 13 Pro and iPhone 13 Pro Max screen will use more energy-efficient LTPO technology and add 120Hz support, similar to the ProMotion screen on the iPad Pro.

On Monday, Wedbush analyst Daniel Ives reiterated his earlier view that the iPhone 13 is likely to have a one-terabyte option, double that of the highest Pro storage capacity currently available. The device, which is expected to be launched in September, also includes a number of improvements with Lidar in all models, according to Ives.

Price action: Apple shares closed 2.8% higher at $ 123.39 on Monday.

Read next: Apple provided $ 2 million in Brazil for shipping iPhone 12 without charger

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