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

Reuters

Published Jan 10, 2023 07:56PM ET

Updated Jan 10, 2023 08:41PM ET

(Reuters) -Apple Inc 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 (NASDAQ:AAPL) 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 (OTC:SSNLF) and LG Corp.

Apple did not immediately respond to a Reuters' request for comment, while Samsung (KS:005930) Display, a unit of Samsung Electronics, and LG Display (NYSE:LPL) declined to comment.

The report added that the screens would upgrade the current OLED standard to a technology called microLED.