“Shares of several Apple suppliers traded sharply lower in Asia Monday morning trade following a report from Bloomberg that the tech giant was making screens of its own,” Cheang Ming reports for CNBC.

“Apple is reportedly investing in developing “next-generation MicroLED screens” that aim to make devices slimmer and less of a drain on power, Bloomberg said,” Ming reports. “Apple makes use of a network of suppliers that includes Samsung Electronics, which produces OLED panels for the iPhone X. Samsung shares were down 0.51 percent as of Asia morning trade, having pared some losses after falling more than 1 percent earlier.”

“LG Display, which is reportedly expected to start supplying displays to Apple, was lower by 0.89 percent,” Ming reports. “Over in Japan, shares of Sharp were down 2.57 percent. Japan Display fell 1.45 percent after earlier recording a decline of more than 3 percent.”

Read more in the full article here.

MacDailyNews Take: Some companies, including likely some of the ones mentioned, will have to produce these displays for Apple if they ever get the tech mature enough. We’d not expect Apple to build and run their own MicroLED factories.

SEE ALSO:
Apple is developing its own MicroLED displays in a secret manufacturing facility – March 19, 2018
Apple hits speed bump in Micro LED development – November 20, 2017
DisplayMate: Apple’s iPhone X has the most color accurate display we’ve ever measured; it is visually indistinguishable from perfect – November 8, 2017
Apple plans micro-LED displays for wearable devices; could come as soon as 2018 – June 8, 2017
Apple’s research in micro-LED displays highlights a fundamental strategic shift – June 29, 2016
Apple acquires 21 LuxVue patents with some using synthetic sapphire – May 6, 2014
Apple acquires LuxVue, maker of power efficient micro-LED technology – May 2, 2014

[Thanks to MacDailyNews Reader “Fred Mertz,” “Dan K.,” and “David E.” for the heads up.]