The $43B Big Pharma Story is Starting Over-With a New Player

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Apple Might Have Just Found The Technology To Power Its Thin iPhone 17 Air Display

Ananya Gairola
October 05, 2024

Taiwan-based Novatek is gearing up to mass-produce OLED displays a new technology that could significantly influence the design of future Apple Inc.’s (NASDAQ:AAPL) iPhones.

What Happened: On Friday, Novatek announced a plan to initiate mass production of OLED displays that incorporate Touch and Display Driver Integration or TDDI technology by the second quarter of 2025, reported DigiTimes.

Apple might be among the first clients for Novatek’s innovative technology, although this remains speculative at this point.

The projected production timeline for Novatek’s TDDI displays aligns with the anticipated launch of next-generation iPhone displays in 2025.

See Also: Nvidia’s Blackwell GPU Sets New AI Benchmark With Over 100 System Configurations, Analyst Says

TDDI technology could enable the creation of slimmer OLED displays by merging touch and display driver layers, making it a potential fit for the speculated ultra-thin “iPhone 17 Air.”

According to the report, the Cupertino, California-based tech giant might initially implement it in lower-volume products like future iPad and Apple Watch models.

The technology could also find application in a long-rumored foldable iPhone or iPad.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Why It Matters: Apple is rumored to be developing a thinner version of the iPhone 17, expected to launch in 2025. This model, potentially featuring a sleeker design, could attract more customers to upgrade their devices.

Previously, it was also reported that while the iPhone 16 may not offer a radical redesign, the next iteration could return the flagship product to meaningful growth.

Meanwhile, T-Mobile U.S. Inc. CEO Mike Sievert reported encouraging sales numbers for the new iPhone model last month, showing a strong launch despite initial concerns about demand.

Check out more of Benzinga’s Consumer Tech coverage by following this link.

Read Next:

  • Elon Musk’s X Suspends 5.3M Accounts, Flags 10.6M Posts In First Transparency Report Amid User And Advertiser Decline

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Apple

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