iPhone 8 release date, specs rumors: Flagship will reportedly feature OLED display but will arrive in 2019

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Predictions suggest that Apple’s next-generation device, the iPhone 8, is apparently virtually guaranteed to sport an OLED display.

According to Apple Insider, investment firm J.P. Morgan reportedly delved deep into the Cupertino-based giant’s recent Securities and Exchange Commission 10-K filing. In the documents, they discovered purchase orders that extend over a year in duration which suggests that Apple may be in the midst of a big buy from Samsung, the main supplier of OLED screens.

The firm noted that this is the first time Apple has placed an order for more than a year in duration and totals around $4 billion. What may have added to the assumption that the technology will be included in the next flagship device is that iPhone screen supplier Japan Display was allegedly seeking loans to shift to OLED production earlier this year.

Reports claim that the said type of display is also being utilized by Apple for their Apple Watch products and for the Touch Bar feature in their revamped MacBook Pro.

If the new iPhone indeed has an OLED screen, renowned KGI Securities analyst Ming-Chi Kuo shared that the model will not arrive until 2019. The analyst dismissed the speculation that Apple is switching the display soon as suppliers reportedly continue to invest in advanced LCD technology.

Specifically, Kuo said that Foxconn has a deal with the government of Henan Province, China to build sixth-generation LTPS TFT-LCD production lines in Zhengzhou. It will enter mass production in 2018 for future iPhones.

In a comparison of the displays, LCD is deemed to offer advantages in terms of production cost, supply flexibility, product life and visibility under the sun. On the other hand, OLED offers bright colors and better power consumption.

Since Apple has yet to comment on their plans regarding the iPhone 8, available information should be taken with a grain of salt.