LG seems to be keen on keeping its commitment to OLED displays. The company's investment of ¥10 trillion KRW or about $8.7 billion USD into building a factory in Paju, South Korea is proof of that. This move is the first major industrial project involving the OLED technology in South Korea. The said factory is expected to be finished and will open by the first half of 2018.

LG has already created and sold large-screen TVs with OLED displays which the company plans to mass produce using the new factory. The tech company also plans to use it for manufacturing flexible panels for automotive displays and smartwatches. According to recent reports, the Korean company also has plans to upgrade the capacity of the facility in order to draw the interest of Apple.

Apparently, the Cupertino Company is looking to switch to OLED displays by 2018 and is now looking for a supplier they will make a deal with. And since LG is the only major OLED display manufacturer, it seems more than likely that they will get to work with the tech company.

It is also known that currently, LG has been providing the AMOLED display for Apple's smartwatch. Having the chance to work together before on a project might also cement their place in Apple, as the tech company might be leery of trusting a new supplier instead of having another deal with a trusted and tried company.

With the Cupertino Company on board, other display manufacturers might be influenced to adopt OLED. If this happens it will help bring the cost down. The usual thing, "the more competitors, the lower the costs are and the less the competition, the more expensive it gets."

It could also be noted that earlier this year, the public saw Panasonic launching their first OLED TVs. However, it would take about two to three years before the said technology goes mainstream. On the other hand, other tech companies Samsung and Sony both have 4K TVs on the market and in Samsung's case, they have been promoting SUHD standard, which according to some provides better colors and brighter pictures. While their mobile devices are already equipped with their own Super AMOLED display, which might indicate that a switch to OLED technology is not in the plans in the near future.