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Friday Apple Rumors: LG to Supply AAPL with Foldalbe Displays

AAPL invests $44M to R&D in Indonesia

Leading the Apple Inc. (NASDAQ:AAPL) rumor mill today is news of foldable displays for the iPhone. Today, we’ll look at that and other Apple Rumors for Friday.

Apple Rumors, Foldable Display, iPhone, AAPLFoldable Display: A new rumor claims that Apple wants foldable displays for its iPhone devices, reports MacRumors. According to the rumor, the tech company is working with LG Display Co Ltd. (ADR) (NYSE:LPL) for the foldable displays. LG is reportedly going to supply these display to AAPL, as well as Alphabet Inc’s (NASDAQ:GOOG,GOOGL) Google and Microsoft Corporation (NASDAQ:MSFT). The foldable displays will use OLED technology, which is less rigid than current LCD displays.

Indonesia Investment: Apple is investing $44 million in research and development in Indonesia, Reuters notes. The investment in the country allows the tech company to sell its devices there. Indonesia requires 30% of smartphone components to come from the country for them to be sold in it. This can include a commitment to research and development.  The investment in the country will take place over a three-year period. Indonesia has been a target country for smartphone companies looking to gain more sales.

Data Usage: Several players are complaining about high data usage while playing Super Mario Run, reports AppleInsider. The new game from Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) just came out yesterday and requires a constant internet connection. Users are reporting that the game takes between 40MB and 60MB of data every hour with constant play. Some issues with level downloads have seen players using 150MB of data just to get through the game’s tutorial. The game is only available on Apple’s iOS devices.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/12/apple-rumors-foldable-display-iphone-aapl/.

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