Apple intends to invest a huge sum of money in the Korean LG company later this year. All in one important goal for the Cupertino concern.
Apple's investment in LG Innotek has one simple task. It's about securing stable deliveries of 3D modules for iPhones and iPads this year. Until now, the TrueDepth camera has only appeared on the iPhone X, which debuted at the end of 2017. Rumors say that this year, TrueDepth will appear in three new iPhones and a refreshed iPad Pro . 3D modules are the most important element without which it is impossible to obtain a user's face map or unlock the device in a dark environment. https://www.gsmmaniak.pl/794508/tim-cook-prezes-apple-opoznienia/ The investment can reach even 820.9 million dollars. This money would be used to build additional production facilities responsible for creating 3D modules. In the Investor report, however, we read that LG does not disclose in the document how to obtain such high financial resources. Apple also does not reveal the amount, but was supposed to offer one-time support for LG. The whole is most likely the result of talks between the Apple CEO – Tim Cook, and the CEO of LG Innotek – Park Jong-seokiem, which took place in November 2017. The investment should allow Apple to introduce new products without delay and to deliver them to customers as soon as possible, immediately after the premiere. Apparently, the Cupertino concern does not want the situation with production problems to repeat itself , as it did with the iPhone X. Source: The Investor