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Toshiba Denies Rumors Of Apple’s Interest In Toshiba Mobile Display

Yesterday we reported that, according to the Nikkei business daily, Toshiba was building a $1.19 billion factory “mainly to supply to Apple Inc’s iPhones”. That’s quite a statement, as it would imply that Cupertino is somehow interested in expanding its mobile display supply chain.

Digitimes has posted a follow-up to the story:

Toshiba has denied rumors that Apple will invest in the new production plant of its small- to medium-size panel subsidiary, Toshiba Mobile Display (TMD).

Panel makers indicated that the rumors could make sense because of limited capacity for LTPS in the market, as well as the possibility to develop AMOLED solutions by leveraging the LTPS production line.

Expect more to come up in the next weeks.

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