Apple Watch Ultra microLED Display Plans in Doubt After Orders Cancellation, ams Osram's shares drop 40%, Ming-Chi Kuo confirms
Apple's plans for the Apple Watch Ultra with microLED display have been thrown into uncertainty following the rumored cancellation of orders for micro LED displays, causing ams Osram's shares to drop 40%. The cancellation is believed to be due to high production costs and the perceived lack of significant value from the technology. Analyst Ming-Chi Kuo confirms that Apple has abandoned most of its plans to use micro LED displays.
Sources
9to5Mac
Micro-LED Apple Watch Ultra project is unlikely to have been cancelled https://t.co/mLXpXYbx4r by @benlovejoy
BGR Kuo confirms microLED Apple Watch Ultra was canceled https://t.co/OJJGht1Ku4
AppleInsider Following AppleInsider's report about the likely cancellation of the Apple Watch Ultra with micro LED, analyst Ming-Chi Kuo says Apple has abandoned nearly all of its plans to use micro LED displays. By @WGallagher https://t.co/TK5BdJDNjx
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