Apple's move to adopt OLED displays in future iPhones has been discussed many times in the past, and now it is Sharp's newly appointed CEO Tai Jeng-wu turn to "confirm" these reports. During a talk in Tatung University, Tai said that Apple is indeed switching to an OLED display in future iPhones.

Tai further commented that OLED represents the best chance for Apple to truly innovate its displays - so this is both a problem and an opportunity for Apple. This cannot be considered to be a real confirmation as many reports suggest, but it is pretty clear that OLED is the way to go for future displays.
Following Foxconn's $3.5 billion Sharp Takeover, Foxconn announced plans to invest a total of $1.8 billion in OLED technologies, as Foxconn aims to become an OLED supplier to Apple. The first step in this plan was a recently announced $570 million investment to setup pilot OLED production lines in Osaka, Japan.
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