Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
The American tech juggernaut is reportedly looking at organic light-emitting diode, or OLED, panels, which make images appear brighter and sharper compared to another technology used for some smartphone screens — liquid crystal display, or LCD.
The smartphone maker recently started planning three new iPhone models for next year and decided that all of them would have OLED panels, the report said, citing unnamed industry sources.
CNBC reached out to Apple for comment but did not immediately hear back.
At the moment, only the iPhone X uses OLED, while the iPhone 8 and iPhone 8 Plus both have LCD screens. Apple was already expected to employ OLED tech in two of its three models to be shipped later this year, according to Appleinsider.
OLED screens result in rich displays, but they are also more expensive. That is why they are usually seen in high-priced smartphone models like the iPhone X.
Apple had been trying to improve the iPhone's display technology with OLED to differentiate its smartphones from competitors, according to Jerry Kang, senior principal analyst at IHS Markit.
Still, the tech giant would only be able to "shift to using OLED panels for all iPhone models once it achieves the market demand with competitive price," Kang told CNBC.
The report from Electronic Times was immediately felt by the stocks of some Apple suppliers.
On Tuesday morning in Tokyo, shares of Japan Display fell more than 20 percent at one point on the back of the news. A shift toward OLED panels for all new iPhones would be initially problematic for the Japanese company, which is one of the main suppliers of LCD screens for Apple.
In late March, the Nikkei business daily reported that the company planned to raise capital so it could start producing OLED panels for the iPhone-maker.
Samsung is currently the exclusive provider of OLED panels for the iPhone X. Still, the news from the Electronic Times did not gives Samsung Electronics shares a boost — shares were down about 1.7 percent by mid-morning in Seoul.
Since Apple usually does not rely on a single supplier for its parts, there have been reports suggesting that the iPhone-maker was considering LG Display as an alternative source for OLED screens.
But LG Display appeared to be having manufacturing problems that caused the company to fall behind the schedule many suppliers follow to begin mass production for new iPhone models, the Wall Street Journal reported in April, citing people familiar with the matter.
Nevertheless, LG Display shares were up 4.32 percent on Tuesday morning.
— Reuters contributed to this report.