Gotta love the rumor mill. Following AppleInsider’s report on Thursday about the likely cancellation of the Apple Watch Ultra with microLED, analyst Ming-Chi Kuo says that Apple has abandoned nearly all of its plans to use microLED displays.
“My latest investigation indicates that Apple has canceled the development plan for the microLED Apple Watch,” he tweeted. “The reason is that Apple believes that microLED cannot significantly increase the added value of the product, and the production cost is too high, making it uneconomical to invest.”
The analyst adds that the tech giant has laid off a lot of folks from its micro LED development team and apparently no further microLED devices are being worked on.
However, Bloomberg’s Mark Gurman tweets that “AMS-Osram was one supplier in the Apple Watch Ultra microLED project. There are several others. I doubt it was canceled.”
