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Stocks

OLED stocks getting added boost from iPhone

Samsung, LG Display climb amid reports Apple adopting organic displays

Samsung Electronics is the leading producer of OLED displays, shown here in Samsung smartphones.

TOKYO -- Global stocks tied to OLEDs are rising on the news that Apple will adopt the next-generation displays for upcoming iPhone models, though the gains are mainly concentrated in South Korea and Taiwan.

Reports have surfaced since the weekend indicating that new iPhones launching in the second half of 2018 will come with organic light-emitting diode panels. Armed with that information, investors have rushed to buy shares of OLED suppliers.

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