As per the report by Japan-based Nikkei, Sharp is going to invest US$864 million in order to set up an OLED production facility at Foxconn Electronics’ factory in Zhengzhou City, northern China. The production is reported to start in 2019.

Foxconn has been the well-known manufacturer of iPhone. With the acquisition of Sharp, it has also taken the responsibility of producing OLED display for the future iPhones.

Sharp to Invest US$864 million to Set Up OLED Production Facility for iPhone

Sharp to Set Up OLED Production Facility for iPhone

“Sharp plans to invest JPY100 billion (US$864 million) to set up an OLED production line at Foxconn Electronics’ factory in Zhengzhou City, northern China, with production to begin in 2019,” according to Japan-basedĀ Nikkei.

“As Foxconn produces iPhones at the factory, the OLED capacity is believed to be specifically for supplying OLED panels for upcoming iPhone models.”DigiTimes

According to reports, the OLED models of the upcoming iPhones will be curved. Rumors have suggested that the OLED display will be of plastic; and not glass.

“The OLED version of the new iPhone will all be curved as Apple ordered all plastic OLED — not glass — from Samsung Display. Samsung is capable of supplying a little less than 100 million units of curved OLED displays to Apple.” a source familiar with the matter told The Korea Herald.

Going by the reports, Apple may launch three models of iPhones in 2017. The new model is reported to be of 5-inch. Some reports have suggested that the new model will sport an ultra-large 5.8-inch display.

Some of the new features which are expected to arrive on the iPhone 8 are edge-to-edge display, Touch ID and camera integrated directly into the screen. Jump over to this post to find out the rumored features and concepts of the 2017 iPhone.

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