Apple to start using in-house screens from 2024 - Bloomberg News (updated)

LG

11/01/2023 01:39

(Adds details from report and background)
       Jan 10 (Reuters) - Apple Inc  AAPL.O  is planning to
start using its own custom displays in its mobile devices from
2024 onwards in an attempt to bring more components in-house,
Bloomberg News reported on Tuesday, citing people with knowledge
of the matter.
    The company intends to begin by swapping out the display in
the highest-end Apple Watches by the end of next year. Apple
plans to eventually bring these displays to other devices as
well, including the iPhone, according to the report.
    The Cupertino, California-based tech giant is aiming to
reduce its reliance on other partners such as Samsung
Electronics  005930.KS  and LG Corp  003550.KS . 
    Apple did not immediately respond to a Reuters' request for
comment, while Samsung Display, a unit of Samsung Electronics
 005930.KS , and LG Display  034220.KS  declined to comment.
    The report added that the screens would upgrade the current
OLED standard to a technology called microLED.
    Bloomberg News had reported on Monday that Apple plans to
replace Broadcom Inc  AVGO.O  chips from its devices with an
in-house design in 2025.
        The iPhone maker has been working to limit its reliance
on other chipmakers, having moved to its own line of chips for
recent models of its Mac computers, replacing those from Intel
Corp  INTC.O .   
    
 (Reporting by Rishabh Jaiswal in Bengaluru; Editing by Sherry
Jacob-Phillips)
 ((rishabh.jaiswal@thomsonreuters.com;))